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COLORADO DIVISION OF MINERALS AND GEOLOGY <br /> • ` 1313 Sherman Street, Room 215,Denver,Colorado 80203,(303)866-3567 <br /> SETTLEMENT AGREEMENT <br /> NOV/CO NO.: CV-2001-003 <br /> MINE: Bowie Mine No. I DATE ISSUED: March 6, 2001 <br /> PERMIT NO.: C-1981-038 TYPE OF MINE: Underground/Federal <br /> OPERATOR/PERMITTEE: COUNTY: Delta <br /> Bowie Resources Limited 3ECEIVED <br /> ATTENTION: Basil Bear <br /> ADDRESS: P.O. Box 1488 SUN 05 2001 <br /> Paonia,CO 81428 <br /> vision of Minerals&Ge0j* <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 18, 2001, the Division and the operator hereby <br /> agree as follows: <br /> 1. The amount of the penalty shal a $500.00 0�� S'3a 01 <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 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.R.S. 1973, <br /> 34-33-123(8)(a). <br /> OPERATOR: Jr e /�rho u t-C Ps �'n,.� DATE: <br /> " -3D•D/ <br /> By /JeO4 <br /> DIVISION OF MINERALS AND GEOLOGY: <br /> By DATE: ATZmo / <br /> o ference Officer <br /> By Penalty Adjustment Reviewed <br /> Division Dire [Rule5.04.3(4)(c)] <br /> CRS 34-33-123(8)(c)and(d) <br /> C-NV-0 C1981038_IM 2W10521 91501 AM <br />