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Oxbow Mining Oak Mesa LLC <br />April 13, 2012 <br />Page 2 <br />Determination of the amount of performance bond (Rule 3.05.2(1)) <br />The Division completed a reclamation cost estimate for your project. Please find it <br />attached. Prior to initiating activities under the proposed NOI, the application <br />must be deemed complete and the Division must receive and accept a <br />performance bond in the amount of $33,554.00. Please also be advised that coal <br />exploration activities must comply with the performance standards and design <br />requirements of Rule 4.21. Please review this Rule prior to conducting any activities <br />under the NOI. We ask that you also use the assigned NOI number in all future <br />correspondence to ensure that all information is properly incorporated in our <br />document management system. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />Kent A. Gorham <br />Environmental Protection Specialist III <br />