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COLORADO <br />Division of Reclamation, <br />Mining and Safety <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Memo <br />Date: December 8, 2015 <br />To: Robin Reilly, DRMS <br />From: Tabetha Lynch, DRMS <br />RE: Golden Eagle Mine, C-1981-013 <br />Midterm Review No. 7. (MT7) Review Memo — Updated Reclamation Cost Estimate <br />This memo serves update the liability amount based on the currently approved reclamation cost estimate <br />for the site. The current liability amount is based on a reclamation cost estimate conducted for Midterm <br />Review No. 6 (MT6) and has been increased based on present day costs. The reclamation cost estimate <br />generated by the Division noted that the cost to fully reclaim the remaining disturbance to be $41,961.67. <br />The Division holds a wire transfer bond in the amount of $72,099.00. <br />1313 Sherman Street, Room 215, Denver, CO 80203 P 303.866.3567 F 303.832.8106 http://mining.state.co.us <br />John W. Hickentooper, Governor I Mike King, Executive Director I Virginia Brannon, Director <br />