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PART II - SUMMARY OF: OPERATIONS, REVISIONS TO PERMIT, <br />VIOLATIONS, STIPULATIONS, VARIANCES, AND BOND <br />Revisions to Permit <br />Table 2, below, summarizes permitting actions for Permit C-92-080 that have occurred since <br />the last permit renewal RN-3, approved August 11, 2008. <br />Table 2 - Permitting actions since last renewal of permit C-92-080 <br />Approval Date Permit Action <br />8/11/2008 Minor Revision 6, vegetation data for pond removal <br />demonstration <br />6/11/2010 Technical Revision 16, Leave Topsoil Piles 4 and 7 as <br />permanent features on the site <br />Violations <br />No Notices of Violation have been issued since the last permit renewal. <br />Permit Stipulations <br />Permit C-92-080 has no active stipulations. The most recently active stipulation, ST-9, was <br />complied with and removed from the permit on July 27, 2004 after the permittee submitted the <br />Technical Revision and bond release; application required by that stipulation. <br />Bond <br />DRMS updated the reclamation cost estimate for Carbon Junction Mine. The amount of the <br />updated estimate is $381,835. Oakridge Energy, Inc. has a surety bond on deposit in the <br />amount of $405,834, a bond surplus of $23,999. <br />PART III - COMMENTS AND REQUESTED REVISIONS <br />OF PERMIT APPLICATION <br />Bond release application SL-04 currently is in review. No revisions to permit application C-92- <br />080 are requested at this time. <br />Carbon Junction Mine Page 4 January 24, 2011 <br />Midterm Review 4