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Exhibit "C" Exploration License No. COC -74911 <br />Site Reclamation: <br />Upon completion of drilling and related activities, all drill holes will be backfilled, sealed and <br />abandoned. During drilling, fluid return will be monitored to identify the depth and extent of any water - <br />producing zones. Upon abandonment, in accordance with Drill Hole Plugging Procedures agreed to by <br />BLM and CDRMS. Bentonite chips or bentonite plug gel or similar seal will be established in the bottom <br />of the hole, extending to within ten feet of the surface. A cement plug will be set in the hole ten (10) feet <br />below the ground to within three (3) feet of the surface. Accumulations of drill cuttings and mud will be <br />backfilled into and buried in the mud pit (if any) or otherwise buried. <br />All trash and debris will be removed from drill sites for disposal. Excavations, including mud <br />pits, will be backfilled. Where mud pits are necessary, they may be temporarily fenced and allowed to <br />dry and/or backfilled with drill cuttings and/or previously excavated material. During backfilling, the <br />material will be mixed and compacted as it is replaced, by running the equipment over the backfilled area <br />during placement of successive lifts. Following backfilling, disturbance areas will be graded to their <br />approximate original configuration and surface drainage reestablished. Any salvaged topsoil materials <br />will be re- spread onto the regraded surface and reseeding of the areas (pads and roads) will take place <br />using the following seed mixture. A metal post with tag will be placed in the vicinity of the hole as a <br />permanent marker. <br />Seed application rates will be doubled if aerial broadcast methods are used <br />Seeding will take place in the fall or early spring. Monitoring of re-seeding efforts will occur for <br />a couple of field seasons to determine stand success, re- seeding requirements and control of any noxious <br />weeds. <br />Estimated amounts of coal to be removed during exploration <br />During the exploration drilling process a estimated 8 tons of coal will be recovered from this <br />area. This coal will occur in the form of coal core that is recovered, so that it can be analyzed to <br />determine its physical, chemical, and energy related properties, this will allow for the determination of <br />whether it is of sufficient quality, and quantity to allow Oxbow to apply for a coal lease in this area. <br />Coal tonnages removed were calculated by estimating the volume of coal to be removed from each <br />exploration drillhole, times the typical weight of coal at 80 # /cu.ft. as shown below: <br />Volume of coal removed: V= 7 r 2 h <br />r = 3 inches, h = 12 ft. ave. per seam assume 2 seams of coal encountered. <br />Estimated tonnage = 8.01 tons of coal removed during exploration drilling process. <br />August 26, 2011 <br />Table 2 <br />Seer/ Mix for Oakbrush Zone <br />(source: BLM - UFO) <br />SPECIES <br />%a of Mix <br />P LS <br />#/Acre <br />Western Wheatgrass var Arriba <br />12 <br />8.0 <br />0.96 <br />Slender Wheatgrass var San Luis <br />12 <br />5.5 <br />0.66 <br />Mountain Brome var Bromar <br />12 <br />12.5 <br />1.5 <br />Big Bluegrass var Sherman <br />12 <br />1.5 <br />0.18 <br />Bottlebrush Squirreltail <br />12 <br />8.0 <br />0.96 <br />Canada Wild rye <br />12 <br />7.0 <br />0.91 <br />American Vetch <br />6 <br />10.0 <br />0.6 <br />Rocky Mountain Penstemon <br />6 <br />1.5 <br />0.09 <br />Western Yarrow <br />6 <br />1.0 <br />0.06 <br />Total application rate for incorporated seed <br />5.95 # /acre <br />Seed application rates will be doubled if aerial broadcast methods are used <br />Seeding will take place in the fall or early spring. Monitoring of re-seeding efforts will occur for <br />a couple of field seasons to determine stand success, re- seeding requirements and control of any noxious <br />weeds. <br />Estimated amounts of coal to be removed during exploration <br />During the exploration drilling process a estimated 8 tons of coal will be recovered from this <br />area. This coal will occur in the form of coal core that is recovered, so that it can be analyzed to <br />determine its physical, chemical, and energy related properties, this will allow for the determination of <br />whether it is of sufficient quality, and quantity to allow Oxbow to apply for a coal lease in this area. <br />Coal tonnages removed were calculated by estimating the volume of coal to be removed from each <br />exploration drillhole, times the typical weight of coal at 80 # /cu.ft. as shown below: <br />Volume of coal removed: V= 7 r 2 h <br />r = 3 inches, h = 12 ft. ave. per seam assume 2 seams of coal encountered. <br />Estimated tonnage = 8.01 tons of coal removed during exploration drilling process. <br />August 26, 2011 <br />