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<br />Peak Project Management, LLC <br />34115 County Road 20.8 Trinidad, CO 81082 <br />Telephone: (719) 846.4975 Fax: (719) a4S-4930 Cell: (719) 859-0111 <br />r+onthompsonf~wildbfue.net <br />January 21, 2008 <br />~~'~~~~~ <br />Mr. Kent Gorham <br />Division of Reclamation, Mining, and Safety ,L ~ ZQ08 <br />213 Centennial Building ,IAN af-on, <br />1313 Sherman Street `~CSa efiI <br />plv-M r-+~9 aid <br />Denver, CO 80203-2273 <br />Re: Golden Eagle Mine Permit No.: C-81-013 <br />Annual Reclamation Reports <br />Dear Mr. Gorham: <br />By this letter, Basin Resources, Inc hereby submits a revised ARR-2006 adjusting acreage for the <br />1.15 acre Phase III release for the Apache Canyon Airshafts as per DRMS correspondence dated <br />July 30, 2007. <br />Also enclosed is the ARR-2007 form showing no additional disturbance and/or bond release <br />since 2006. A Phase III bond release request has been submitted for all remaining disturbance <br />acreage except the 1.2 acres Phase I released at the NW-1 Vent Shaft. This bond release is <br />pending completion of DRMS review. <br />During 200?, Alluvial Monitoring Wells PAW-5 and PAW-6 were abandoned. Approximately <br />12 foot of steel casing was pulled at each site and the remaining hole filled with cement. An <br />abandonment report form is included with this ARR-2007 submittal. <br />If you have any questions or need additional information concerning this report, please let me <br />know. <br />S" cerely <br />Ron Thompson <br />Agent <br />