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IN RI PI I" RI:tl•.R 10 <br />3425 (CO -921) <br />COC -61357 <br />Coal <br />Oxbow Mining, LLC <br />Attn: Jim Kiger <br />3737 Hwy 133, PO Box 535 <br />Somerset, CO 81434 <br />Enclosure: <br />Modified Coal Lease <br />cc: <br />FOM, UFO w /lse <br />ONRR w /Ise <br />OSMRE w /lse <br />United States Department of the Interior <br />BUREAU OF LAND MANAGEMENT <br />Colorado State Office <br />2850 Youngfleld Street <br />Lakewood, Colorado 80215 -7076 <br />Decision <br />May 05, 2012 <br />Modified Lease Accepted <br />Sincerely, <br />www.co.blm.gov <br />Oxbow Mining, LLC complied with our decision of April 25, 2012, requesting additional requirements <br />for the modification of COC -61357 by executing and returning all copies of the modified lease, and by <br />payment of fair market value. <br />The bond amount of $2,355,000 is considered adequate at this time. All requirements have been met and <br />modified coal lease C -61357 is hereby accepted. <br />- r <br />Charlie Beecham, PE <br />Chief, Branch of Solid Minerals <br />