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iii niniiiiiiu iii <br />STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Deparlmem ul Nalu rol Resources <br />I S I S Shermun SL, Rnum 21 5 <br />Denccr, Culumda flU_'U3 <br />Phone: 1 41111 NLfi-SSfi7 <br />FA%' 17011 BS?-ri I Ufi <br />September 28, 1998 <br />Ron Thompson <br />Property Manager <br />Basin Resources, Inc. <br />14300 Highway 12 <br />Weston, CO 81091 <br />RE: Golden Eagle Coal Exploration Bond Release Status <br />Mr. Thompson: <br />~~~~~~!~ <br />DEPARTMENT OF <br />NATURAL <br />RESOURCES <br />Roy Romer <br />Governor <br />lames S. LOChhead <br />Executive Director <br />rotichael B. Long <br />Division Director <br />Based on review of DMG records, here is the current status with regard to coal exploration bond release <br />requests and field inspections of same. <br />• CX-91-175-23 not drilled, complete, bond returned <br />• CX-92-213-O1 done, bond returned or in for processing <br />• CX-92-213-00 done, turned in for processing <br />• CX-92-213-03 done, turned in for processing <br />• CX-85-175-18 done, turned in for processing <br />• CX-84-175-17 needs inspection <br />• CX-87-175-19 done, turned in for processing <br />The following table indicates the remaining inspections to be conducted for those NOI's or revisions <br />which are not listed above. <br />NOI or revision Remaining Inspections Comments <br />MR-21 1 GE-3 <br />MR-66 3 One de-gas, [wo non-drilled sites <br />TR-38 6 <br />CX-93-213-02 9 Some aze water monitoring wells <br />CX-95-213-06 13 Two BLM sites in this one <br />CX-89-175-20 1 GE-43-89 <br />