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<br />Section IV-Status of Stipulations <br />All stipulations from the original permit and RN-02 were resolved prior to the issuance of Permit <br />Renewal 03 in 1998. <br />Section V -Decision to Require Revisions <br />As a result of this midterm review, the Division will require revision(s) of the permit to address the <br />following concerns with the currently approved New Horizon Mine permit application. <br />I. If necessary, update the Identification of Interests to include changes in corporate officers and /or <br />position changes. <br />2. With the addition of the Reeder-Garrett properties, and incidental boundary change will need to <br />be submitted to include changes in maps and mining operations plans. <br />3. Please check and change if necessary Pond 009 calculations that may be affected by the addition <br />of the Reeder-Garrett properties. <br />Section V I-Bondine Summary <br />The Division currently holds $2,236,941.00 in a Corporate Surety Bond for the reclamation <br />performance bond at the New Horizon Mine. The Division has recalculated the worst case bond <br />scenario to include changes to the mining plan and the addition of the expanded mining area and <br />detour road at current cost rates. The revised estimate for both mines is $2,236,941.00, therefore, the <br />current bond amount is sufficient to perform all remaining reclamation activities. <br />Midterm Review -New Horizon Mine 4 January 2001 <br />