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STATE ~F <br />OIVIStON OF RECLAMATION, MINING AND SAFETY <br />oepamnenr of Natural Resources <br />7313 Sherman SL, Raam 215 <br />Denver, Colorado 80203 <br />Phone: (303) 86G3567 <br />FAX: (3031 832-8 7 06 <br />November 3, 2006 <br />Tim Totem <br />Attorney at Law <br />129 North Commercial Street <br />Trinidad, CO 81082 1 <br />RE: Basin Resources, Inc. I <br />Golden Eagle Miune, Bond Release Application 5L-6 <br />Pnuuit No. C-1981-103 <br />Dear Mr. Tatum: <br />COLORADO <br />^ I V 1 5 L U N u r <br />RECLAMATION <br />MINING <br />5AI&ETY <br />gill (livens <br />Governor <br />Russell George <br />Exaatlve Director <br />Ronald W. CattanY <br />Division DImCw <br />Nawral Resource 7ndtee <br />The Colorado Division of Reclatnatien, Mining and Safety (Division) has received your <br />objection dated Qctober 19, 2006 to the release of the Golden Eagle bond. You are <br />objecting to the release of this bond because you hold a final judgment against Hasin for <br />subsidence damage as documented in your attachment, Las Auitnas County Court, Casc <br />Number: 01 CV 26, Findings of Fact, Conclusion of Law and Judgment. The judgment <br />i~ dated I7cccmber 19, 2002. Your letter saerns to make a connection between the civil <br />case and the reclamation bond held by the Division. <br />We are aware of the December X19, 2002 ruling of the District Court of Las Animas <br />County (01 CV Z6). The reclal>)3ation bond held by the Division for the Golden Eagle <br />Mine is posted and maintained pursuant to the bonding requirements of C.R.S. 34-33- <br />113. We do not believe there is a connection between the monetary judgment issued in <br />your civil case and the remaining baud held 1>y the Division for the Golden Eagle Mirre. <br />The Division will be proposing a bond release deci~inn nn SL-6 within GO days after a yet <br />to be scheduled follow-up irupeGtion. A copy of our proposed decision will be provided <br />to you when it is completed. <br />Sincerely, <br />~~/L~+L/1 ~ ~' I A Z' <br />Sandra L. Brown <br />Scnior Environmental Protection Specialist <br />Office of <br />Mined Land Reclamation <br />Qffice of <br />Actlve and Inactive Mines <br />EL 3Jdd Wflltll WIL 65S09G86SL SL~EL L00Z/6Z/Z0 <br />