<br />Vest Elk Mine
<br />•
<br />2; 769.67 acres, Gunnison County, Colorado.
<br />Tract 2: T. 13 S., R 90 W., 6`s P.M.
<br />Modification sec. 25, 35 and 36 Beginning at the northwest comer of said sec. 35;
<br />Thence S 89 45' E, 2308.02 feet along the north line to the north '/< corner of said sec.
<br />35;
<br />Thence S 89 51' E, 755.52 feel along the north line of said sec. 35 to the True Point of
<br />Beginning;
<br />Thence S 89 51' E, 1948.49 feet to the northeast comer of said sec. 35:
<br />Thence N 134' E, 554.17 feet to the west line of said sec. 25;
<br />Thence S 77 '34'46" E, 537.12 feet;
<br />Thence S 12 25' 34" W, 1767.64 feet;
<br />Thence S 77 34' 26" E, 11732 feet;
<br />Thence S 12 25' 34" W, 1370.14 feet
<br />Thence S 77 34' 26" E, 310.65 feet;
<br />Thence S 12 25' 34" W, 379.75 feet;
<br />Thence N 77 34' 26" W, 2272.95 feet;
<br />Thence N 133' E, 2605.75 feet to the True Point of Beginning
<br />149.48 acres, Gunnison County, Colorado
<br />Containing 2,919.16 acres, more or less
<br />• 22. Federal Coal Lease COC 67011, September 1, 2004, by the United States of America as lessor and Ark
<br />Land Company, as lessee, embracing the following described lands in Gunnison County, Colorado:
<br />T. 13S., R. 90 W., 6' P.M.
<br />sec. 12, lots 8 to 10, inclusive;
<br />sec. 13, lots 2 to 7, inclusive, and
<br />lots 10 to 15, inclusive,
<br />sec. 24, lots 4 and 5.
<br />690 acres, Gunnison County, Colorado.
<br />Containing 690.95 acres more or less.
<br />23. Federal Coal Lease COC 67232, February 13, 2007, by the United States of America and Ark Land Company, as lessee,
<br />embracing the following described lands in Gunnison County, Colorado:
<br />T. 13 S., R. 90 W., 6' P.M
<br />Section 35 lots 5 through 7, inclusive, and lots 9 through 16, inclusive, less and except land in coal
<br />leases C-1362 and COC-56447, as modified;
<br />Section 36, W1/2/SWIANW1/4, and W1/2SW1/4, less and except land in coal lease COC-56447, as
<br />modified.
<br />T.14 S., R. 90 W.;6' P.M.
<br />Section 1, lots 3, 4, S1/2/NW1/4, SW1/4, Wl/2NW1/4SE1/4, and SW1/4SE1/4;
<br />Section 2, lots 1 through 4, inclusive, S1/2N1/2, and S1/2;
<br />Section 11, N1/2N1/2;
<br />• Section 12, N I /2NW 1 /4, and N W I /4NE 1 /4
<br />Containing 1,517.13 acres more or less.
<br />EXHIBIT 4 PG. I1 November, 2004 PR10, Sep. 2007 PR12
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