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Yoast Mine <br />Phase I Bond Release Request (SL-4) May 2012 <br />I. INTRODUCTION <br />Seneca Coal Company (SCC) received a partial Phase I bond release (SL -1) on June 26, 2007. <br />SL -1 resulted in 173.02 acres released and the bond reduced by $11,862. SL -2 (partial Phase I) <br />bond release became final on July 22, 2010 and resulted in release of another 456.7 acres and the <br />bond reduced by $790,205. SL -3 (partial Phase II) bond release became final on March 9, 2012 <br />and resulted in a Phase II release of 592 acres and the bond reduced by $1,693,918. Currently, <br />the calculated reclamation liability is $2,611,566. <br />This submittal (SL -4) represents a third partial Phase I bond release request for the SCC Yoast <br />Mine, Permit No. C- 1994 -082. The request is for additional bond release for reclaimed areas <br />that have been backfilled, graded, and drainages or portions of drainages reestablished from the <br />initial Phase I release through April 2012. This application is submitted in accordance with the <br />Colorado Division of Minerals and Geology (DMG) Guideline Regarding Selected Coal Mine <br />Bond Release Issues (April 18, 1995), Rule 3.03 Release of Performance Bonds, and issues <br />agreed upon during the July 19, 2005 and March 14, 2007 meetings between SCC and the <br />Division. <br />II. GENERAL REQUIREMENTS <br />Date of Request May 31, 2012 <br />Permittee: Seneca Coal Company <br />Permit Number: C- 1994 -082 <br />Date permit was approved: August 5, 1995 <br />Mine name: Yoast Mine <br />Phase of bond release requested: Phase I <br />Total acres within permit 2,318.3 <br />Number of acres requested for release 171.6 acres <br />Total Reclamation Liability $ 2,611,566 <br />Dollar Amount Requested for Release $ 841,598 <br />1 <br />