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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 />November 2, 2009 <br />MINREC, Inc. <br />627 24 %2 Road, Unit 1 <br />Grand Junction, CO 81505 <br />Re: Blue Ribbon Mine (Permit No. C-1981-047) <br />Bond Release Application No. 2 (SL-2) <br />Dear Sir or Madam: <br />COLORADO <br />D I V I S I ON OF <br />RECLAMATION <br />MINING <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 is to notify you, as required by Rule 3.03.2(5)(b) of the Rules and Regulations of the <br />Colorado Mined Land Reclamation Board for Coal Mining (Rules), that the Division of Reclamation, <br />Mining and Safety's decision to Approve Bond Release Application No. 2 for the Blue Ribbon Mine <br />became final on November 2, 2009. No requests for an adjudicatory hearing on our proposed decision <br />were received. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />J seph J. dash <br />Environmental Protection Specialist <br />JJD/Jrc <br />C-SL-20 CI981047 JJD 10302009105722.doc <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines