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15. Copy of Colorado Division of Mine Reclamation and Safety (formerly DMG - Division of <br />Minerals and Geology) Application and bond amount <br />a. Refer To Exhibit 4 - DMRS Application <br />b. Reclamation Bond being calculated by DRMS following approval of Permit Application <br />Project Description/Narrative: Guidelines for submittal <br />1. Describe type of project: Underground Coal Mine <br />2. Area map: Refer To Map 1 - PSCM Permit Boundary and Location Map <br />3. Type of Mineral(s) to be extracted: Coal <br />4. Purpose of mining activity: Produce coal for utility and industrial consumption <br />5. List of product(s) to be provided on site: Coal <br />6. Surface owner(s): Refer To DRMS Permit Map 2.03.4 M1 Surface Ownership <br />7. Mineral owner if mineral exploration: Refer To DRMS Permit Map 2.03.4 M2 Coal <br />Ownership <br />8. Mine/batch plant operators: Sage Creek Coal Company <br />9. Lease interests: Colorado State Land Board, Sage Creek Coal Company (a subsidiary of <br />Peabody Energy), LBA (Lease by Application) submitted to BLM for federal coal in the most <br />southern area. <br />10. Total area to be mined: 1,264 Acres (underground Continuous Miner, initial 5 yr permit term) <br />11. Other existing permit approvals: <br />a. DRMS/SMCRA (pending) <br />b. Air Emissions (pending) (CDPHE/ACPD) <br />c. Nationwide 50 Wetlands Permit (pending) (USACOE) <br />d. Discharge Permit, Stormwater and SPCC Plan (pending) (CDPHE/CPDS/WQCD) <br />12. Expected date of commencement: Highwall excavation - June 1, 2010. Coal Mining - June 1, <br />2011 <br />13. Expected date of termination: June 1, 2027 (at 5.5 MT/YR) <br />14. Total area to be mined: 1,264 Acres (underground Continuous Miner, initial 5 yr permit term) <br />15. Estimated mineral reserves: <br />a. 6 Million Tons (underground Continuous Miner, initial 5 yr permit term) <br />-8-