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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />May 2, 2008 <br />Ronald Thompson <br />Lorencito Coal Company <br />Peak Project Management, LLC <br />34115 County Road 20.8 <br />Trinidad, CO 81082 <br />Re: Lorencito Canyon Mine (Permit No. C-1996-084) <br />Bond Release Application No. 2 (SL-2) <br />Dear Mr. Thompson: <br />COLORADO <br />DIVISION O F <br />RECLAMATION <br />MINING <br />-&- <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />The Division has issued a proposed decision to Approve Bond Release Application No. 2 (SL-2) for the <br />Lorencito Canyon Mine. Enclosed is the Division's decision form and written findings. Notice of the <br />proposed decision will be published in the The Chronicle -News, as soon as possible. Publication of the <br />notice initiates athirty-day public comment period. If there are no requests for an adjudicatory hearing <br />within the thirty days, the decision will become final. <br />As provided by Rule 3.03.2(6), should you object to the Division's proposed decision, you may request <br />an adjudicatory hearing. <br />If you have questions or are in need of additional information, please contact me. <br />Sincerely, <br />Kent A. Gorham <br />Environmental Protection Specialist <br />KAG/Jrc <br />Enclosures <br />C-SL-07 C1996084 KAG OS022008094950.doc <br />Office of <br />Office of <br />Mined Land Reclamation Denver Grand Junction DuranQO Artiva anri Inartivv Minac <br />