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Qo? ca_ <br />~~~8 COLORADO DIVISION OF MINERALS AND GEOLOGY <br />1313 Sherman Street, Room 215, Denver, Colorado 80203, (303) 866-3567 <br />SETTLEMENT AGREEMENT <br />MINE: Deserado Mine <br />PERMITNO.: C-1981-018 <br />OPERATOR/PERMITTEE: <br />Blue Mountain Energy, Inc <br />ATTENTION: Scott Wandstedt <br />ADDRESS: 3607 County Road 65 <br />-- _ _ _.-- -- -,_---- Rangely, CO -81.648 _ <br />NOV/CO NO.: CV-2002-017 <br />REC~.IV ED <br />pCT 1 P 2002 <br />DATE ISSUED; July 11, 2002 <br />TYPE OF MINE: Undergound/Federal <br />Division of Minerals and Geolog,VOUNTY; Rio Blanco <br />The Division of Minerais 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 agree as follows: <br />1. The amount of the penalty shall be $1,250.00; <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 fiuther 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: ~ DATE: Or.~~ v /~ 20o Z - - <br />By S~~ LcJa.,sfecPf <br />DIVISION OF MINERA/L.S~AjND GEOLOGY: <br />BLy%'%~ ~. f! 7 ~ DATE: <br />onference Officer <br />By <br />Division Director <br />-/-OL <br />Penalty Adjustment Reviewed <br />[Rule 5.04.3(4)(c)] <br />CRS 34-33-123(8xc) and (d) <br />C-NV-0C CIYNIOIb 1R5 30020936 41]J] PM <br />