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United States Department of the Interior <br />BUREAU OF LAND MANAGEMENT <br />Colorado State Office <br />2850 Youngf eld Street <br />Lakewood, Colorado 80215-7076 <br />W REPLY REFER TO: <br />www.co.blm.gov <br />CO-921(KB) <br />3410 RECEIVED JUN 9 2 08 <br />COC-71108 J U 14 0 2008 <br />Coal <br />Decision <br />Oxbow Mining, LLC <br />3737 Hwy 133 <br />PO Box 535 <br />Somerset, CO 81434 <br />Coal Exploration License Issued <br />Surety Bond Accepted <br />Enclosed is your copy of coal exploration license COC-71108 with the approved exploration plan. The <br />exploration license is effective July 01, 2008. <br />Bond Under License to Explore for Coal Deposits, Bond No. 105116758 in the amount of $42,000, <br />having Oxbow Mining, LLC, as principal and Travelers Casualty and Surety Company of America, at <br />One Tower Square, Hartford, CT 06183, as surety, has been examined, found satisfactory and is accepted <br />effective May 20, 2008. <br />\Ljk??3? <br />Kurt Barton <br />Solid Minerals Staff <br />Division of Energy, Lands and Minerals <br />Enclosures: <br />License, Items A & B <br />Exploration Plan <br />cc: <br />FOM, UFO w/license <br />Surety