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C . Anticipated annual and total production of <br /> coal <br /> (1) General <br /> Mid-Continent Resources plans to mine between <br /> 1, 000, 000 and 2, 500,000 tons of coal per year from its Coal Basin <br /> mines for the life of the mine. It is estimated that there are <br /> at least 80,000, 000 tons of recoverable coal in the two minable <br /> seams within the Federal coal leases and privately owned lands <br /> available to the company in the Mine Plan Area . Mining operations <br /> will be conducted in the two commercially minable coal seams of <br /> the Mesaverde group located in Coal Basin. These seams are the <br /> Coal Basin seam or B Bed and the Dutch Creek seam or Middle Bed . <br /> In certain locations the B Bed is split by an igneous intrusion, <br /> the lower portion of which is referred to as the A seam. The <br /> Middle Bed overlies the B Bed stratigraphically by about 450 <br /> feet . Although there are other coal seams in Coal Basin, such as <br /> the Placita Seam, they are not considered to be commercially <br /> minable. The coal seams outcrop along the sides of the Basin at <br /> elevations ranging from approximately 9, 500 feet to 10, 700 feet. <br /> The coal seams are believed to be continuous, except for some <br /> faulting, within the mine plan area. Because of intense faulting, <br /> thickness of the coal beds, igneous intrusives and the extreme <br /> depth of cover; " portions of the coal resources within the mine <br /> plan area are not commercially minable at this time which accounts <br /> for the relative low recovery rate. <br />