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STATE OF COLORADO <br />DIVISION OF RECLAMATION, MINING AND SAFETY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3567 <br />FAX: (303) 832 -8106 <br />June 3, 2013 <br />Basil Bear <br />Bowie Resources, LLC <br />P.O. Box 1488 <br />Paonia, CO 81428 <br />Re: Bowie No. 1 Mine (Permit No. C- 1981 -038) <br />Bond Release Application No. 4 (SL -4) <br />Dear Mr. Bear: <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />John W. Hickenlooper <br />Governor <br />Mike King <br />Executive Director <br />Loretta E. Pineda <br />Director <br />In accordance with Rule 3.03.2(5)(b) of the Rules and Regulations of the Colorado Mined Land <br />Reclamation Board for Coal Mining (Rules), you are hereby notified that the Division's decision <br />to Approve Bond Release Application No. 4 for the Bowie No. 1 Mine became final on June 3, <br />2013. No requests for an adjudicatory hearing on our proposed decision were received. <br />Bond Release No. 4 reduces your reclamation liability by $1,278,543.70. The current liability is <br />now $3,439,562.61. If you choose to reduce or replace your existing bond, it must equal or <br />exceed $3,439,562.61. The Division suggests you provide a copy of this letter, the OSM <br />concurrence letter dated May 23, 2013, and the BLM concurrence memorandum dated May 10, <br />2013 to your bonding company for written evidence for approval to reduce your bond. Please <br />find these documents attached. The Division will return your performance bond as soon as <br />possible. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />A, 4--)L <br />Brock F. Bowles <br />Environmental Protection Specialist <br />Brock.bowles@state.co.us <br />cc: Mary Rodriguez, DRMS <br />Jim Stover, J.E. Stover & Associates <br />Enclosure <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines <br />