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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1373 Sherman 5t., Room 275 <br />Denver, Colorado 80203 <br />Phone: (303) 8663567 <br />FAX: (303) 832$106 <br />February 3, 2005 <br />Lyndon Property Insurance Company <br />520 Maryville Centre Drive, Suite 500 <br />St. Louis, MO 63141-5814 <br />Re: Lorencito Canyon Mine (Permit No. C-1996-084) <br />Bond Release Application No. 1 (SL-1) <br />Bond No. L-0201-C-96-084 <br />Dear Sir or Madam: <br />COLORADO <br />DIVISION OF <br />MINEBRALS <br />GEOLOGY <br />AEC LAMATION•MIN ING <br />aAFETY•SCIEN CE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cottony <br />Division Director <br />Natural Resource Tmstee <br />This letter, as required by Rule 3.03.2(5)(a) of the Rules and Regulations, is to inform you that the <br />Division of Minerals and Geology has issued a proposed decision to Approve Bond Release Application <br />No. 1 for the Lorencito Canyon Mine. This decision will be published in the The Chronicle -News as <br />soon as possible. Publication of the notice initiates a thirty (30) day public comment period. If, within <br />thirty days, there aze no requests for an adjudicatory hearing, the decision will become final. <br />The bond for the operation is a Corporate Surety issued by your company (Bond No. L-0201-C-96-084), <br />in the amount of $2,400,000.00. The proposed release amount is $1,475,836.00. <br />Pleac . h .aware that thic notification is not a rernlect to initiate any action by Lyndon Property Insurance <br />Company concerning Bond No: L-0201-C-96-084, and is for your information only. Should Lorencito <br />Coal Company, LLC chose to take action with regazd to this bond release, they will contact you. <br />If you have questions or need additional information, please contact me. <br />Sincerel , <br />Kent A. Gorham <br />Environmental Protection Specialist <br />KAG/Jrc <br />cc: Johanna R. Cramer, CDMG <br />C-$UI] CI99bO8V XAG 200s020J 30010PM <br />Office of Office of ~ ' Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />