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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 />December 2, 2008 <br />Travelers Casualty and Surety Co of America <br />One Tower Square <br />Hartford, CT 06183-6014 <br />Re: Trapper Mine (Permit No. C-1981-010) <br />Bond Release Application No. 9 (SL-9) <br />Bond No. <br />Dear Sir or Madam: <br />COLORADO <br />D IV IS I ON OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Ir. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />This letter, as required by Rule 3.03.2(5)(a) of the Rules and Regulations, is to inform you that the <br />Division of Reclamation, Mining and Safety has issued a proposed decision to Approve Bond Release <br />Application No. 9 for the Trapper Mine. This decision will be published in the Craig Daily Press as <br />soon as possible. Publication of the notice initiates a thirty (30) day public comment period. If, within <br />thirty days, there are no requests for an adjudicatory hearing, the decision will become final. <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. <br /> , in the amount of $20,606,900.00. The proposed release amount is $898,333.00. <br />Please be aware that this notification is not a request to initiate any action by Travelers Casualty and <br />Surety Co of America concerning Bond No. and is for your information only. <br />Should Trapper Mining, Inc. chose to take action with regard to this bond release, they will contact <br />you. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />Jason D. usick <br />Environmental Protection Specialist <br />JDM/Ahd <br />cc: Johanna R. Cramer, CDMG <br />M:\OSS\ahd\templC-S L-17_C 1981010_JDM_ 12022008092135.doc <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines