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<br />Davis Graham &Stubbs I.I.P <br />September 16, 2003 <br />BY FAX AND U.S. MAIL <br />James Tatum, Esq. <br />TAMES TATUM AND ASSOCIATES <br />Post Office Box 28 <br />Weston, Colorado 81091 <br />Re: Golden Eagle Vent Shaft <br />Dear Mr. Tatum: <br />I am responding to your letter of September 12, 2003. <br />Basin plans to conduct the down hole inspection by use of a video camera. Basin will ask <br />the down hole video contractor speak to you later this week to explain how he plans to proceed. <br />Since the contractor must visit the site to determine exactly how he will proceed, Basin would <br />like Ron Thompson to bring him to your property to inspect the location. At that time he can <br />explain to you what he intends to do. Please let me know when we can arrange this visit. <br />Basin would like to conduct the actual down hole inspection on September 25. Is that <br />date acceptable? <br />Basin will provide you with a copy of any report or data provided to the State. Basin <br />does not object if you or your representative observe the inspection. <br />However, Basin does object to providing an additional bond for this location because the <br />vent shaft is covered by the existing reclamation bond. <br />Since ly yours <br />Wi am A. Bianco <br />for <br />DAMS GRAHAM & STUBBS LLP <br />WAB:js <br />William A. Bianco 303892739E william.bisr.cu@dgslaw.com <br />[x'iS-W-527021 1.DOC <br />September 16, 2003 1 ll99J6Adenteenth Street Suite 500 Denver, Colorado 80202 303 892 9400 fax 303 893 1379 <br />www.dgslaw.com <br />