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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <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 />February 27, 2002 <br />Ross L. Gubka <br />Western Fuels-Colorado <br />P.O. Box 628 <br />Nucla, CO 81424 <br />Re: New Horizon Mine (Permit No. C-1981-008) <br />Bond Release Application No. 7 (SL-7) <br />Dear Mr. Gubka: <br />Rill Owens <br />Governor <br />Greg E. Walther <br />&ecutive Director <br />Michael B. tong <br />Division 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 to <br />Approve Bond Release Application No. 7 for the New Horizon Mine became final on Febmary 27, <br />2002. No requests for an adjudicatory hearing on our proposed decision were received. <br />Bond Release No. 7 reduces your reclamation liability by $132,874.00. The current liability is now <br />$2,270,445.00. The Division suggests you provide a copy of this letter dated Febmary 27, 2002 to your <br />bonding company for written evidence for approval to reduce your bond. If you choose to reduce of <br />replace your existing bond, it must equal or exceed $2,270,445.00. <br />If you have questions or need additional information, please contact me. <br />Sincerely, <br />~~~~~.~ <br />Harry B. Ranney <br />Environmental Protection Specialist <br />HBR/Jrc <br />cc: Johanna Cramer, CDMG <br />Enclosure <br />DIVISION OF <br />MINERALS <br />GEOLOGY <br />RECLAMATION <br />MINING•SAFETY <br />C-SL-18 C1981008 HBR 20020227 33931 PM <br />