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ti osc <br />~,~!• COLORADO DMSION OF MINERALS A_ND GEOLOGY <br />'°" 1313 Sherman Sueet, Room 215, Denver, Colorado 30203, (303) 866-3567 <br />SETTLEMENT AGREEMENT <br />NOV/CO NO.: CV-2001-003 <br />MINE: Bowie Mine No. 1 <br />PERMIT NO.: C-1981-038 <br />OPERATOR/PERMITTEE: <br />Bowie Resources Limited <br />ATTENTION: Basil Bear <br />ADDRESS: P.O. Box 1488 <br />Paonia, CO 31428 <br />DATE ISSUED: March 6, 2001 <br />TYPE OF MINE: Undergrountl/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 May l8, 2001, the Division and the operator hereby <br />agree as follows: <br />1. The amount of the penalty shall be $500.00; <br />2. The penalty shall be paid to the Division by the operator not later than 30 days from <br />the date [his 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 the closing date of such <br />conference, which dale is set forth below opposite the signature of the Conference Officer. <br />If not signed within ten days, [he Division will fix the penalty at whatever amount it deems appropriate. The <br />fixed penalty amount will likely be the oti dal penalty assessment, based on the factors referred to in C.R.S. 1973, <br />34-33-123(8)(a). , <br />OPERATOR: <br />By <br />DIVISION OF MINERALS AND GEOLOGY: <br />DATE: <br />DATE: A~-- /B•~ Zoo / <br />T <br />Division <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(J)(c)} <br />CRS 34-33-123(8)(c) and (d) <br />GNVUI CWRIUItl UD 9AlIU]_I VIfUI M1 va' <br />