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Environmental Manager <br />Oxbow Mining, LLC., Elk Creek Mine <br />P.O. Box 535 <br />Somerset, Co. 81434 <br />970 - 929 -5806, fax. 970 - 929 -5177 <br />From: Gorham, Kent [mailto:Kent.Gorham @state.co.us] <br />Sent: Thursday, May 12, 2011 11:09 AM <br />To: Jim Kiger <br />Subject: Coal Exploration <br />Hello Jim, <br />I have reviewed the final reports received by the Division on April 14, 2011 for the following Notices of Intent: <br />X- 2003 - 223 -04 <br />X- 2004 - 223 -05 <br />X- 2005 - 223 -06 <br />X- 2006 - 223 -07 <br />X- 2007 - 223 -08 <br />X- 2008 - 223 -09 <br />Assuming you are comfortable with the reclamation maturity, it seems that all of these may be ready for bond release. <br />Not knowing the current ground conditions, any access restrictions, and your work schedule, I will leave it to you to <br />determine the order of the project and when to submit a bond release request for any or all of these projects. We are <br />required to inspect within 30 days of the receipt of the request for release. <br />I look forward to working with you to release these coal exploration projects. We appreciate your diligence in pursuing <br />the releases. <br />Kent Gorham <br />Division of Reclamation, Mining, and Safety <br />1313 Sherman St. Room 215 <br />Denver CO 80203 <br />303 - 866 -3567 x8121 <br />303 - 832 -8106 (fax) <br />kent.gorham@state.co.us <br />