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Hernandez, Alysha <br />From: Stark, Jim <br />Sent: Wednesday, January 25, 2012 1:46 PM <br />To: Binns, Janet <br />Cc: Hernandez, Daniel; Hernandez, Alysha <br />Subject: Northfield RCE - 2012 Bond Liability Recalculation. pdf - Adobe Reader <br />Attachments: Northfield RCE - 2012 Bond Liability Recalculation <br />Attached is the recalculated reclamation cost estimate for the Northfield Mine. The mine's liability was last recalculated <br />with TR -01 on 17 March 2010 (with a liability of $578,902.00. The revised liability is $643,829.00. This increase in <br />liability of $64,927.00 is the result of increased equipment costs over the past two years. No other data inputs were <br />changed in the attached estimate. Please let me know if you have any questions or comments regarding this estimate. <br />James R Stark <br />Environmental Protection Specialist <br />Colorado Department of Natural Resources <br />Division of Reclamation, Mining and Safety <br />(303) 866 -3567 X8145 <br />www. mining. state. co.us <br />