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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 />6R'j <br /> <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SA ETY <br />JUN aa, <br />Bill Ritter, Jr. <br />f DMBiO" OT t ?-'CCU (1l t1fll?, Governor <br />June 2, 2009 and Safety <br />?Jlfil'ng Harris D. Sherman <br />/ Executive Director <br />Brent Kramer ? Ronald W. Cattany <br />Energy Fuels Resources Corporation Division Director <br />P.O. Box 888 Natural Resource Trustee <br />Nucla, CO 81424 <br />Re: DOE Lease, Notice of Intent (NOI) P-2009-014, DRMS Review and <br />Reclamation Liability Estimate i? <br />Dear Mr. Kramer, <br />The Division of Reclamation, Mining and Safety (DRMS) finished the review of Energy Fuels application <br />for the above referenced Notice of Intent. All application issues appear to have been addressed to <br />meet the minimum requirements of the Rules and Act. <br />The final issue is acceptance of the reclamation liability estimate. Staff has calculated the liability to be <br />$2,550.00. Please find a copy of the estimate enclosed. The estimate is below the $5000.00 warranty <br />held by the Department of Energy (DOE). Per Rule 4.2.1(6) when mining on federal land and the land <br />management agency requires a financial warranty be posted the amount posted to the state shall be <br />the difference between the amount required by the agency and the state or a minimum of $100.00. <br />Therefore, if Energy Fuels accepts the DRMS estimate only a $100.00 bond will be required. DRMS will <br />need correspondence from Energy Fuels accepting the liability estimate and proof that the $5000.00 <br />warranty is posted with DOE to finish the approval process. <br />If you need additional information, please contact me at the Division of Reclamation, Mining and <br />Safety, Grand Junction Field Office, 101 S. 3rd St., Suite 301, Grand Junction, Colorado 81501, <br />telephone no. 970.241.1117. <br />Sincerely 4 <br />G. Russell Means <br />Environmental Protection Specialist <br />Cc: Ed Cotter, Department of Energy, Grand Junction Office <br />Rob Ernst, BLM Uncompahgre Field Office <br />Office of Office of <br />Mined Land Reclamation Denver • Grand Junction • Durango Active and Inactive Mines