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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 />February 22, 2008 <br />$cpNN?O <br />Lyndon Property Insurance Company <br />520 Maryville Centre Drive, Suite 500 <br />St. Louis, MO 63141-5814 <br />Re: Bowie No. 1 Mine (Permit No. C-1981-038) <br />Bond Release Application No. 3 (SL-3) <br />Bond No. L-032004-C-81-038 <br />Dear Sir or Madam: <br />COLORADO <br />D I V IS I ON OF <br />RECLAMATION <br />MINING <br />- St - <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 />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. 3 for the Bowie No. 1 Mine. This decision will be published in the Delta County <br />Independent as soon as possible. Publication of the notice initiates a thirty (30) day public comment <br />period. If, within thirty days, there are no requests for an adjudicatory hearing, the decision will <br />become final. <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. L-032004-C-81- <br />038), in the amount of $761,290.00. The proposed release amount is $1,136,354.00. <br />Please be aware that this notification is not a request to initiate any action by Lyndon Property <br />Insurance Company concerning Bond No. L-032004-C-81-038, and is for your information only. <br />Should Bowie Resources, LLC 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 />Hosep Wash <br />Environmental Protection Specialist <br />cc: Johanna R. Cramer, CDMG <br />M:\OSS\ahd\tcmp\C-SL-17_C 1981038_MLT_02212008095429.doc <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines