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<br />05 ~o~ <br />~~~ <br />•~a <br />COLORADO DIVISION OF MINERALS AND GEOLOGY <br />1313 Sherman Sveet, Room 215, Denver, Colorado 80203, (303) 866-3567 <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2001-008 <br />1. The amount of the penalty shall be $1,000.00; <br />2. The penalty shall be paid to the Division by the operator not later than 30 days from <br />the date this Agreement is signed by all parties; <br />3. Payment of such penalty by the operator shall constitute a waiver of all further rights <br />to review of such penalty or of the violation on which it is based. <br />MINE: Sanborn Creek Mine <br />PERMfCNO.: C-1981-022 <br />OPERATOR/PERMITTEE: <br />Oxbow Mining, Inc. <br />ATTENTION: Waller Wright <br />ADDRESS: P.O. Box 535 <br />Somerset, CO 81434 <br />DATE ISSUED: Apri120, 2001 <br />TYPE OF MINE: Underground/Federal <br />COUNTY: Delta <br />The Division of Minerals and Geology ("the Division") issued a certain Notice of Proposed Amount of Civil <br />Penalty, and the operator requested a conference thereon, as authorized by C.R.S. 1973 34-33-123(8). The <br />requested conference having been held as required by law, on June 29, 2001, the Division and [he operator hereby <br />agree as follows: <br />This agreement shall not be effective unless signed by the operator within ten days after the closing date of such <br />conference, which date is set forth below opposite the signature of the Conference Officer. <br />If not signed within ten days, [he Division will fix [he penalty at whatever amount i[ deems appropriate. The <br />fixed penalty amount will likely be [he original penalty assessment, based on [he factors referred [o in C.R.S. 1973, <br />34-33-123(8)(a). <br />OPERATOR: <br />By <br />DATE: <br />DATE: (~,(~ L 200 / <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)] <br />CRS 34-33-123(8)(c) and (d) <br />C~~^1p C1991033 IRB-3001a)OE_Ia3J5 PM <br />DNISION OF MINERALS AND GEOLOGY: <br />