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Basin Resources, Inc. <br />2 North Cascade Avenue, 14th Floor, Colorado Springs, CO 80903 <br />Phone: (719) 442-2600 Fax: (719) 448-5824 <br />January 18, 2008 <br />RECEIV, <br />JAN 2 2 2008 <br />Division of F <br />Mr. Kent A. Gorham Mining anti Saiety <br />Environmental Protection Specialist <br />Division of Reclamation, Mining and Safety <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Re: Golden Eagle Mine Permit No. C-1981-013 <br />Dear Mr. Gorham: <br />Please find enclosed the Request for Transfer of Coal Permit and <br />Successor of Operators for the above referenced permit. <br />Basin Resources, Inc. is requesting the transfer of the Golden Eagle permit <br />to New Elk Coal Company, LLC. The reclamation bond for the Golden <br />Eagle permit will be maintained by Basin Resources, Inc. <br />Please call if you have questions or require additional information. <br />We appreciate your attention to this matter. <br />Sincerely, ;? <br />Thomas G. Durham P.E. <br />President <br />Copy: Mr. Morris Kegley <br />Mr. Scott Anderson <br />Mr. Wayne Coverdale <br />Mr. Ron Thompson <br />0