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'~0' CO3 <br />~r~~g <br />.'~ <br />B]6 <br />COLORADO DIVISION OF R/INEI2ALS AND GEOLOGY <br />1313 Sherman Street, Room 215, Denver, Colorado 80203, (303) 866-3567 <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2002-012 <br />MINE: Chimney Rock Mine <br />PERMIT NO.: C-1981-023 <br />OPERATOR/PERMITTEE: <br />Kaiser Ventures, Inc. <br />ATTENTION: Mike Keegan <br />ADDRESS: P.O. Box 37 <br />Desert Center, CA 92239 <br />DATE ISSUED: July 5, 2002 <br />TYPE OF MINE: Surface/Federal <br />COUNTY: Archuleta <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 September 24, 2002, the Division and the operator <br />hereby agee as follows: <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 />Payment of such penalty by the operator shall constitute a waiver of al] further rights <br />to review of such penalty or of the violation on which it is based. <br />This agreement shall not be effective unless signed by the operator within [en 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, the Division will fix the penalty at whatever amount it deems appropriate. The <br />fixed penalty amount will likely be the original penalty assessment, based on the factors referred to in C.RS. 1973, <br />34-33-123(8)(a). <br />OPERATOR: <br />By <br />DIVISION OF M)NERALS AND GEOLOGY: <br />By riuM b ~ ~~ /~ <br />C/ ~ ference Officer - / <br />By/// u <br />Division Director <br />DATE: <br />DATE: _5..~ 3~ . Zoo L <br />Penalty Adjushnent Reviewed <br />[Rule 5.04.3(4)(c)] <br />CRS 34-33-123(8)(c) and (d) <br />C-NV-04 C1981@3 HBR 20010926 41532 PM <br />