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FROM FAX NO. : 17198464975 Jan. 22 2008 01:56PM P1 <br />Peak Project Management$ LLC <br />34115 County Road 20.8 Trinidad, CO 81082 <br />Telephone: (719)846.4975 Fax: (749) 846-4939 Cell: (74g) 859-0444 <br />ronthempsonaMidblue.net <br />lanuary 22, 2009 <br />Mr. Kent Gorham <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, Co 80203 <br />Subject: Permit Transfer, Lorencito Canyon Mine, Permit C-96-484 <br />Dear Mr. Gorham, <br />New Elk Coal Company, LLC hereby withdraws the request for Division approval of the <br />transfer of the CDMG Permit C-96-084 from Lorencito Coal Company, LLC to New Elk <br />Coal Company, LLC. <br />Please contact me if you have any questions. <br />Sincerely, <br />Ronald G. Thompson <br />Agent