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C <br />DIVISION OF MINERALS AND GEOLOGY <br />Dcpanmem of NaWral Rewurces <br />1 J 1 J Shcrmnn 51 ,Room ? I S <br />Denver, G>Inmdo 8U?O7 <br />Phunc: fJUfl Hfi6-3567 <br />FA%: UUJI HJ2-810fi <br />March 26, 1998 <br />~~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Rny Rome. <br />Governor <br />1im Stover, P.E. wrness Lacnheaa <br />J. E. Stover & Associates Executive Dnecwr <br />Michael B. Lang <br />2768 Compass Drive, Suite 10l Division Director <br />Grand Junction, Colorado 81506 <br />RE: Petmit Renewal No. 3 Updated Bond Estimation, Bowie No. 1 Mine, Permit No. C-81- <br />038, Bowie Resources Limited <br />Dear Mr. Stover: <br />Attached aze the worksheets for the Division's proposed updated bond calculation for the Bowie <br />No. 1 Mine. The proposed bond estimate is $5,082,201.00, an increase of $864,704.00 over the <br />current approved liability amount of $4,217,497.00. Please review the bond calculation <br />worksheets and advise the Division as to whether or not Bowie Resources Limited (BRL) agrees <br />with the Division's estimate. <br />If you have any questions, please call Susan Burgmaier or myself. The Division is neazly <br />finished with its review of BRL's adequacy responses of February 20, 1998, and will be <br />contacting BRL shortly as to the status of the responses. <br />Sincerely, <br />~ Y~ <br />seph J. D~dash <br />Environmental Protection Specialist <br />Attachment <br />cc: Basil Bear (Bowie Resources Limited) <br />STATE ~ COLO_III IIIIIIIIIIIIIIII <br />c:lwp6llbowie 11m3 bond <br />