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Peak Project IYlanagement LAC <br />34915 Caurlty Road 20.8 <br />`I'rlnidad, CO 81082 <br />Telephone/Fax: (719) 84G-4975 ~" <br />Via Certified Mail 7002 2410 0004 3373 1018 <br />September I3, Z006 <br />Mr. 8t Ms. lames Tatum <br />125 North Commercial St. <br />Trinidad, CO 81082 <br />Notice is hereby given that a Phase III hood release application m release 57.1 acres at the Golden Fagle <br />Mine, I'wmit Number C-81-013 issued on January 25, 1984 will bo filed with the Colorado I)ivisiao of . ,_„ <br />Reclamation, Mining and Safety. Basin Resources Inc. is the applicant and its business address is Z North <br />Cascade Avenue, 14"' Floor, Colorado Springs, CO 80903. The Golden Eagle .mine is located in Ins <br />Animas County, Colorado about 24 mrles west of Trinidad t;olorada on boor private and public lands. <br />These lands include Sections 28 and 29, and adjoining areas to the south in Township 33 South, Range 67 <br />West and are located on the USGS 7.5 mimtte Vipl quadrangle. This application excludes about 1.2 acres <br />of reclamation at the NW-1 vent shaft site. <br />'I'hia t'Gavc 11I bond rclcavc opplicotion pe~fAins to the suaeeerful completion of the reclawgpoa plan fer rite <br />Rangeland and irrigated Pastore Rbclaimad Areas of the Golden Eagle Mine. The majority of each <br />reclaimed area was reclahaed in 1996, with reclamation of two sedimenta0an paads and associated <br />diversion ditches completed m llecember of 1998. The approved post-tninnag IanA use deslgoadpns are <br />itri8atefi pasture sari rangeland/wildlife. Success criteria for approval of Phase III bond release ine4ude; at <br />least tea years since initial revegetation; a IniIIlminn of rive years since the last seeding, fertrlrziag, ~ and <br />gully repair, or other work has been conducted on the area; and achievement of revegetatian success criteria <br />d" ~ the last two years of the bond liability period. Basin. Resources lac. has satisfied aU the Phase ITI <br />8omd Release requirements inchulias achievement of revegetation ^~~-a^-',.s for vegetative cover and <br />herbaceous production as stipulated m Permit Number C-81-D13. If approved the current corporate sm+ery <br />bond of 5141,892.49 would be reduced by $105,358 to a ~±na liability of S3b,534, <br />'Written comments, objections, or request for a public hearing ar informal conference on the application <br />must be submitted to the Colorado Division of M'metals and Geology, 215 Cemennial Building, 1313 <br />Sherman Street, Denver, Colorado 80203 within 30 days of either the daps of this notice or the bond release <br />inspection, whichever occurs later. <br />Sincerely, ~,~/y~~'',"~~,,~~,~~ <br />Raaald pson <br />LL 3~Jtld W(lltll WIP 65L09b86LL SL~EL L00Z/6Z/L0 <br />