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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 />December 9, 2011 <br />James T. Cooper <br />Oxbow Mining, LLC <br />P.O. Box 535 <br />Somerset, CO 81434 <br />Re: Coal Exploration File No. X- 2008 - 223 -09, Release Approval, SL -01 <br />Dear Mr. Cooper: <br />The public comment period has passed without comments relative to the release of Oxbow 2008 NOI -Elk Creek <br />Mine coal exploration bond for the following Notice of Intent (NOD: X- 2008 - 223 -09. <br />Bond Company <br />Lexon Insurance Company <br />Please find the original bond enclosed, the bond listed above is released in its entirety and is enclosed herewith. <br />You should advise your Insurance Company of this release by copy of this letter. <br />If you have any questions, please feel free to call. <br />Sincerely, <br />Jason Musick <br />Environmental Protection Specialist <br />Enclosure <br />Certified Mail Receipt #7009 2820 0003 5701 2084 <br />Returned Receipt Requested <br />C -CX -I0 <br />STATE OF COLORADO <br />Bond Number Bond Type Bond Amount <br />1069003 Corporate Surety $60,175.00 <br />COLORADO <br />D I V I S I O N O F <br />RECLAMATION <br />MINING <br />— &— <br />SAE ETY <br />John W. Hickenlooper <br />Govemor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of Office of <br />Mined Land Reclamation <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />