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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 />September 27, 2011 <br />Mr. Ron Thompson <br />New EIk Coal Company <br />122 W. First Street <br />Trinidad, CO 81082 <br />Re: Final Approval, Permit Revision PR -02 <br />New EIk Coal Company, The New EIk Mine, DRMS Permit No. C- 1981 -012 <br />Dear Mr. Thompson: <br />The Division issued its Proposed Decision to Approve Permit Revision PR -02 for the New EIk Mine on <br />August 19, 2011. The Division ran its Notice of Proposed Decision in Trinidad's Chronicle -News <br />newspaper once a week for two consecutive weeks, beginning on August 25, 2011. The 30 -day public <br />comment following our Notice of Proposed Decision ended at 5:00 pm yesterday, with the Division <br />receiving no requests for a Formal Public Hearing. Our Proposed Decision is therefore Final. <br />An increase in reclamation liability associated with the monitoring wells that were transferred from <br />the Golden Eagle Mine to the New EIk has raised the reclamation liability for the New EIk Mine from <br />$3,778,562.00 to $3,801,833.00. The Division presently holds reclamation bonds totaling <br />$3,824,698.00; therefore, no additional reclamation bond needs to be submitted at this time. <br />Please contact me if you have any questions. <br />Sincerely, <br />Daniel I. Hernandez <br />Senior Environmental Protection Specialist <br />Office of <br />Mined Land Reclamation <br />STATE OF COLORADO <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAFETY <br />Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />