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West Elk Mine <br />• Thence to comer #12, N 42° 59'00" E 200.94 <br />Thence to corner #13, N 39' 22' 10" E 151.34 <br />Thence to corner 414, N 41' 18' 31" E 175.73 <br />Thence N 42' 22' 57" E 120.60 feet to corner #15 which is the intersection of said river centerline with the easterly <br />boundary of United States Steel lease 96 as described in document # 366801 of Gunnison County Records and shown on <br />a drawing titled, "Western Slope Carbon, Surface Ownership" dated 10-1-80. <br />Thence, N 01° 36' 16" E 108.59 feet, along the easterly boundary of said lease # 6 to corner of #16, a witness corner on <br />the North bank of said river, <br />Thence, continuing along the eastemly boundary of said lease #6 to corner # 17, N 01' 36' 16" E 85.00 feet <br />Thence, leaving said easterly boundary of lease 96, S 45' 49' 16" W 464.57 feet to comer #18 at the intersection of the <br />southerly boundary of said lease #6 with the northwesterly boundary of United States Steel Lease 45 as described in <br />document #366801 of the Gunnison County Records and shown on said Western Slope Carbon drawing. (Bearings on <br />said records and drawing rotated 0' 41' 16" clockwise to conform to highway datum). <br />Thence, along the Northwesterly boundary of said lease #5 the following courses, to comer #19 S 45' 49'l 6" W 156.00 <br />feet <br />Thence to corner #20, 190.00 feet along the arc of a curve to the right having a central angle of 15' 52' a radius of <br />686. 10, the arc being subtended by a chord bearing S 53' 45' 16" W 189.39 feet. <br />Thence, to comer #21. S 61' 41' 16" W 250.00 feet. <br />Thence S 28' 18' 44" E 7.00 feet to corner #22, on the Northerly R/W line of the Denver and Rio Grande Western <br />Railroad as described in document 4160433 of Gunnison County Records and shown on said Railroad Company's Right <br />of Way Maps. (Bearings on said records and maps rotated 0' 28' 16" clockwise to agree with highway datum) <br />Thence to comer #23, S 32' 23' 44" E 100.00 feet across the Easterly end of said railroad R/W. <br />Thence along the Southerly line of said Railroad R/W the following courses; <br />To corner #24, S 57' '116'16" W 341.70 feet. <br />Thence to the comer of #25, 217.39 feet along the arc of a curve to the right, having a central angle of 140 20' and a <br />radius of 869.0, the arc being subtended by a chord bearing S 64' 46' 16" W 216.83 feet. <br />Thence to the corner of #26, S 71' 56' 16" W 153.50 feet <br />Thence to the corner of 427, 360.31 feet along the arc of a curve to the right, having a central angle of 33' 06' and a <br />radius of 623.7, the arc being subtended by a chord bearing S 88' 29' 16" W 355.32 feet <br />Thence to the comer of #28, being a witness corner on the North bank of said river, leaving said R/W, S 15' 02' 16" W <br />75.20 feet along the Easterly boundary of that property described in document # 162590 of Gunnison County Records. <br />(Bearings on said document rotated 0' 28' 16" clockwise to conform to Highway datum, East and West dimensions <br />adjusted to terminate at river center line as per description). <br />Thence to corner #29, S 15' 02' 16" W 68.25 feet continuing along said Easterly boundary to the intersection with said <br />river centerline. <br />Thence along said river centerline the following courses: <br />To corner #30, N 82' 04'46" W 254.11 feet <br />Thence to corner #31, N 76' 22' 49" W 233.57 feet <br />Thence to corner #32, N 66' 07' 29" W 19.27 feet to the intersection of said river centerline with the Westerly boundary <br />of said property <br />Thence to comer #33, being a witness corner on the North bank of said river, N 15' 02' 16" E 70.36 feet along said <br />Westerly boundary. <br />Thence to corner 434 continuing along said Westerly boundary N 15' 02' 16" E 107.40 feet to the intersection with the <br />Southerly R/W line of said railroad. <br />Thence along the Southerly R/W line the following courses, to corner 435 446.55 feeet along the are of a curve to the <br />right, having a central angle of 33 22' and a radius of 766.80 feet, the arc being subtended by a chod bearing N 58' 16' <br />44" w 261.70 feet. <br />Thence to corner #36, N 41' 35' 44" W 261.70 feet. <br />Thence to comer #37, 322.04 feet along the are of a curve to the left, having a central angle of 35' 14' and a radius of <br />523.70 feet, the arc being subtended by a chord bearing N 59' 12' 44" W 316.99 feet. <br />Thence to corner #38, N 76' 49' 44" W 190.60 feet <br />. Thence to corner #39 leaving said Southerly R/W line, S 10' 46' 52" E 449.22 feet to the Northerly R/W line of said <br />Highway Project. <br />EXHIBIT 4 PG. 8 November, 2004 PRIO, Sep. 2007 PR12