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November 1, 2011 <br />Dear Mr. Marshall: <br />-DAUB & ASSOCIATES, INC. <br />( <br />Mr. Travis Marshall <br />Grand Junction Field Office <br />Colorado Division of Reclamation, Mining and Safety. <br />101 South 3rd, Suite 301 <br />Grand Junction, CO 81501 <br />1:985'4 _-SOUTH BROADWAY <br />GRAND' JUNCTION, CO 81507 =9649 <br />(970) 254 1224 <br />FAX, (970) 242 -8438 <br />email: . gjdaub @daubandassociates.com <br />Re: 'quest for Reduction of Warranty Amount, Natural Soda, Inc. DRMS Permit <br />No. M- 1983 -194 and Well Status Update <br />Pursuant to rule 4.14 and /or 4.17 of the Colorado Division of Reclamation, Mining and <br />Safety (DRMS) Mineral Rules and Regulations for Hard Rock, Metal, and Designated <br />Mining Operations Natural Soda Inc. (the operator), located at 3200 Rio Blanco County <br />Rd. 31, Rifle, CO 81650 hereby requests a reduction of the warranty amount for Permit <br />No. M- 1983 -194. <br />In 2010 NSI plugged and abandoned (P &A'ed) the 93-2M monitor well and the 1A -5HR <br />process well Additionally in 2010, NSI determined that it was only necessary to drill 3 of <br />the 4 core hole assessment wells that were permitted and bonded for under TR -28. <br />In 2011 NSI plugged and abandoned 3 wells, the 5H, 6H and 5H -1V. <br />The attached spreadsheet indicates NSI's understanding of the applicable activities, <br />bond reduction amounts, and appropriate citations. : A review of- CIRCES : documents <br />indicated a bond reduction of $42,949.68 should be in order. This bond reduction should <br />change NSI's bonded amount from $1,936,221 to approximately $1,893,271. Please <br />contact me if your understanding is different. <br />These operations took place on Department of Interior, Bureau of Land Management <br />Land. The address for the BLM White River Field Office is: 220 E. Market Street, <br />Meeker, CO 81641. The authorized officer is Mr. Paul. Daggett. <br />My signature on this document is . in acknowledgement that the above mentioned P&A <br />activities have been completed according to applicable: portions of the Reclamation Plan <br />requirements. <br />- <br />5 _ <br />NOV 032011 <br />GRAND JUN = ; =.,;f, .._ UFFICE <br />D VIBI.ON OF • <br />RECLAMATION MINING & SAFETY <br />SPECIALIZING IN PROFESSIONAL GEOLOGICAL, ENVIRONMENTAL, HYDROLOGICAL, GEOTECHNICAL AND PERMITTING SERVICES <br />