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<br /> <br />1313 Sherman St. Room 215 Denver, CO 80203 P (303) 866-3567 F (303) 832-8106 https://drms.colorado.gov <br />Jared Polis, Governor | Dan Gibbs, Executive Director | Michael A. Cunningham, Director <br />December 17, 2025 <br /> <br />Indemnity National Insurance Company <br />238 Bedford Way <br />Franklin , TN 37064 <br /> <br /> <br />Re: Seneca II-W Mine (Permit No. C-1982-057) <br /> Bond Release Application No. 8 (SL-8) <br /> Bond No. *4833 <br /> <br /> <br />Dear Sir or Madam: <br /> <br />This letter, as required by Rule 3.03.2(5)(a) of the Rules and Regulations, is to inform you that the Division <br />of Reclamation, Mining and Safety’s proposed decision to approve Bond Release Application No. 8 for the <br />Seneca II-W Mine became final on December 16, 2025. <br /> <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. *4833), in the amount <br />of $3,790,697.28. The proposed release amount is ($316,698.60). <br /> <br />Please be aware that this notification is not a request to initiate any action by Indemnity National Insurance <br />Company concerning Bond No. *4833, and is for your information only. Should Seneca Property LLC <br />choose to take action with regard to this bond release, they will contact you. <br /> <br />If you have questions or need additional information, please contact me. <br /> <br />Sincerely, <br /> <br /> <br /> <br /> <br /> <br />Jared L. Ebert <br />Senior Environmental Protection Specialist <br />Jared.ebert@state.co.us <br />cc: Sara Stevenson-Benn, CDRMS <br />C-SL-22