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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 />February 16, 2012 <br />Jim Kiger <br />Oxbow Mining, LLC <br />P.O. Box 535 <br />3737 Highway 133 <br />Somerset, CO 81434 <br />Re: Elk Creek Mine (Permit No. C- 1981 -022) <br />Minor Revision No. 98 (MR- 98) Ownership and Control and Bonding Issues <br />Dear Mr. Kiger: <br />Enclosed you will find the Division of Reclamation, Mining and Safety's Decision Form for <br />Minor Revision No. 98 at the Elk Creek Mine. <br />Documentation must be submitted to the Division demonstrating that a copy of the approved <br />revision application was sent to the Office of Surface Mining and the Bureau of Land <br />Management. The material should be sent within 15 days of final approval. <br />Oxbow Mining, LLC (OMLLC) submitted MR -98 to address two issues raised by CDRMS's <br />midterm review of the Elk Creek Mine. For the first issue, OMLLC submitted updated <br />Ownership and Control information which is approved with this revision. For the second issue, <br />DRMS will initiate the bond reduction process as described in Rule 3.02.2(4) to address the <br />reduced costs required for the performance bond. The reduced costs are attributed to the revised <br />gob vent borehole abandonment plans approved in Technical Revision 66. <br />If you have any questions, please contact me. <br />Sincerely, g'`'--'e-'v <br />dr/tAT/ Brock F. Bowles <br />Environmental Protection Specialist <br />Enclosure <br />cc: Foster Kirby, Office of Surface Mining, with enclosures <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 />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />Office of Office of <br />Denver • Grand Junction • Durango Active and Inactive Mines <br />