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~~~C <br />~,`'~',' COLORADO DIVISION OF MINERALS AND GEOLOGY <br />''B's' 1313 Sherman Street, Room 215, Denver, Colorado 80203, (303) 866-3567 <br />R~ <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2002-008 <br />MINE: Golden Eagle Mine DATE ISSUED: <br />PERMIT NO.: C-1981-013 TYPE OF MINE <br />OPERATOR/PERMITTEE: COUNTY: Las <br />ocr ~ s 2002 <br />Derision of I yinerals and Geofog~ <br />June l7, 2002 <br />Underground/Federal <br />Animas <br />Basin Resources, Inc. <br />ATTENTION: Ron Thompson <br />ADDRESS: C/o Peak Project Management <br />__3800 County Road 63.__9 _ ^ `_ __ _ _ _ __ _^_ _, _ __ __ _ _ <br />- Trinidad, CO 81091 ~ - <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 October I, 2002, the Division and the operator <br />hereby agree 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 />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 />This agreement shall not be effective unless signed by the operator within ten days after [he closing date of such <br />conference, which date is sei forth below opposite the signature of the Conference Offcer. <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.R.S. 1973, <br />_ 34-33_123(8)(a)~ ---- -_--___._~-~_ ~ - -- ----_-« _ - .- <br />OPERATOR: .~~- DATE: ©~ !~ Z.©D' Z- <br />By ~~/~ <br />DNISION OF MINERALS AND GEOLOGY: <br />By ~< DATE: <br />erence ffic r ~~~,,~ <br />By C. `"' 7 <br />Division Director <br />~O-3 -oz <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)] <br />CRS 34-33-123(8)(c) and (d) <br />C-NV~ CI98101] KqG 20021 W)_I IOSB PM <br />