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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 />September 16, 2009 <br />James A. Kiger <br />Environmental Manager <br />Oxbow Mining, LLC. <br />P.O. Box 535 <br />Somerset, CO 81434 <br />RE: Blue Ribbon Mine, Permit No. C-81-047, Minrec, Inc. <br />SL-2, Phase II and III Bond Release, Second Bond Release Inspection Report <br />Dear Mr. Kiger: <br />COLORADO <br />D I V I S ION OF <br />RECLAMATION <br />MINING <br />SAFETY <br />Bill Ritter, Jr. <br />Governor <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Attached is one copy of the Division's inspection report for the August 27, 2009 Phase II and III <br />Bond Release inspection at the Blue Ribbon Mine. <br />There were no outstanding issues found as a result of the bond release field inspection, nor as a <br />result of the Division's review of the bond release permitting information. Therefore, at this time, <br />the Division is proceeding with the proposed decision to approve the bond release request. <br />If you have any comments or questions, please call me. <br />Sincerely, <br />LU,Q? <br />H.oseph dash <br />Environmental Protection Specialist <br />Attachment <br />c:\word\blueribbon\sl2oxbowinsplet2 <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines