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RE~Fl~1F0 <br />April 18, 2005 <br />pPR ~ 4 2p05 <br />JoU GeotaQY <br />Otnstoo.i. d.ac;,,. <br />Mr. Kent Gorham <br />Colorado Division of Minerals & Geology <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />Re: New Elk Mine: Permit No. C-8]-012 <br />Quarterly Sediment Pond Inspections <br />Deaz Mr, Gorham: <br />Peak Project Management, LLC <br />34115 County Road 20.8 <br />Trinidad, CO 81082 <br />(719)846-4975 <br />Enclosed are copies of the First Quarter 2005 Quarterly Sediment Pond Inspection Reports conducted to <br />comply with CDMR Rule 4.05.9(17). All embankments were found stable and vegetated. No dischazges <br />occurred during this quarter. <br />Please contact me if you have any questions. <br />Sincerely, <br />`~~ ~ -/ <br />Ronald G. Thompson <br />Project Manager <br />MSHA Certified -Impoundment Inspections <br />