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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 86Fr3567 <br />FAX: (303) 832106 <br />~E'~~! ~/ G'D~fp <br />' Y' -Marsh-2-Y,-2006 <br />Mr. Jim Kiger <br />Oxbow Mining LLC <br />3737 Highway 133 <br />P.O. Box 535 <br />Somerset, Colorado 81434-0000 <br />RE: CV-2006-001, Oxbow Mining Company, Sanborn Creek and Elk Creek Mine, <br />Permit Number C-1981-022 <br />Dear Mr. Kiger: <br />COLORADO <br />DIVISION O F <br />MIN SRALS <br />GEOLOGY <br />RECLAM ATION.NINING <br />SAfETY•ECIENCE <br />eiu taNens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Uttany <br />Division Direpor <br />Natural Resource Trustee <br />I have enclosed the Settlement Agreement and the Settlement Agreement Justification for the <br />above cited Notice of Violation. This Agreement is a result of the Assessment Conference that <br />was held at the Division of Minerals and Geology office in Denver on March 21, 2006. If you <br />agree with the penalties, please sign the Settlement Agreement within ten days as instructed on <br />the form. If you disagree with the Settlement Agreement, do not sign it. The Division will fix <br />the penalty pursuant to Rule 5.04.3(5) and you may request a Board Hearing. <br />Please feel free to contact me if there are any questions. <br />Sincerely, <br />~/~~~~McArdle <br />Conference Officer <br />Certified Mail Receipt No. 7004-1350-0001-1636-8593 <br />Return Receipt Requested <br />Office of Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />