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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) 846-4930 Cell: (719) 859-0111 <br />r+onthompson@wildblue.net <br />August 11, 2008 <br />Kent Gorham <br />Division of Reclamation, Mining and Safety <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: Golden Eagle Mine Permit No. C-81-013 <br />Phase III Bond Release Request <br />Bond Calculation <br />Dear Mr. Gorham: <br />RECEIVED <br />AUG 1; 2 2Q08 <br />Division g nd' Sd* <br />NECC concurs with the Bond Reclamation Cost Calculations provided by the <br />Division. Enclosed is a copy of the calculations paginated for insertion into <br />Exhibit 19 Bond Calculations. <br />NECC requests that the existing content of Exhibit 19 be deleted from the permit. <br />The content is no longer applicable to current surface conditions and future <br />reclamation requirements. <br />Please contact me if you have any questions. <br />Sincerely, <br />f, 10l- <br />4 <br />Ron Thompson <br />Agent