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Date of Request: March 2012 <br />Permittee: Western Fuels- Colorado <br />Permit #: C -81 -008 <br />Date Permit was Approved: 1981 <br />Mine Name: New Horizon Mine <br />Phase of Bond Release Requested: <br />Phase 1 - An area northwest of the intersection of BB Road and 2700 Road that has <br />been backfilled and graded to final topography. <br />Phase 3 - All of 2700 Road within the permit area. BB Road East of 2700 Road. The <br />road has been released from warranty with Montrose County. <br />Number of Acres: Total Permit: <br />BOND RELEASE REQUEST <br />98.62 acres (New Horizon #1 Mine) <br />827.44 acres (New Horizon #2 Mine) <br />926.06 acres (New Horizon Mine total) <br />Total Disturbed: 768.6 acres <br />Total Disturbed Requested this Release Phase 1: 100.1 acres <br />Total Disturbed Requested this Release Phase 3: 310.4 acres <br />Bond Company: National Consumer Cooperative Bank of Washington, D.C. <br />Bond Number: Letter of Credit # 275051100 (Full bond for both #1 and #2 Mines) <br />Current Total Amount of Bond: $5,042,302 <br />Dollar Amount Requested for Release: $481,614 <br />General Description of Areas for Bond Release: <br />The areas covered by this bond release application are the portion of BB Road east of <br />2700 Road within the permit (Phase 3), all of 2700 Road within the permit (Phase 3), <br />and a backfilled area northwest of the intersection of 2700 Road and BB Road (Phase 1 <br />only). <br />Legal Description of Area for Bond Release: <br />The New Horizon Mine Permit Area lays within Section 6 of T 46N, R15W, Section 1 <br />1 <br />