2010-01-14_REVISION - M1980131 (5)

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This bond replaces bond no. 11133252731 'issued by The American, Insurance Company effective 5-24-99 STATE OF COLORADO DIVISION OF MINERALS AND GEOLOGY Department of Natural Resources 1313 Sherman St., Room 215 Denver, Colorado 80203 Phone: (303).866-3567 FAX: (303) 832-8106 RECEIVED JUN 0 2 1999 Division 0i Minerals & Geology FINANCIAL WARRANTY CORPORATE SURETY UI\•ISI ON 0F MINERALS GEOLOGY RECLAMATION MINING-SAFETY Bill Ow ms Governor Greg E. Watcher Executive Director Michael B. Long Director ,N8, 3a0 r00 Operator: Western Mobile Northern, Inc. by Western Mobile, Inc. Operation: Bunn Ranch Pit Permit No.: M-80-131 Bond No.: 5996248 Warrantor: Safeco Insurance Company of America Street: Safeco Plaza City: Seattle State: Washington Zip Code: 98185 Area Code: (206) Telephone: 545-5416 KNOW ALL MEN BY THESE PRESENTS, THAT: WHEREAS, the Colorado Mined Land Reclamation Act, C.R. S. 1973, 34-32-101 gt =q. (the "Act"), as amended, provides that no permit may be issued under the Act until the Mined Land Reclamation Board (the "Board") receives a Financial Warranty (or Warranties) as described in the Act. WHEREAS, Western Mobile Northern, Inc. (the "Operator"), a Delaware corporation, has applied for a permit to conduct a mining operation known as Bunn Ranch Pit (the "Operation"), on certain lands in Moffat County, Colorado. These lands are described in the permit application, as amended and supplemented, and are referred to herein as the "Affected Lands". WHEREAS, in the application for the permit, the Operator has agreed to be bound by all requirements of the Act and all applicable rules and regulations of the Board, as amended from time to time. WHEREAS, in the application for the permit, the Operator has agreed with the Board to provide for reclamation of the Affected Lands that are now, or may become, subject to the permit, as required by, law.