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Pe& Project Management, 1W <br />34115 County Road 20.8 Trinidad, CO 81082 <br />Telephone: (719) 846-4975 Fax: (719) 846-4930 Cell: (719) 859-0111 <br />ronthompson@wildblue.net <br /> <br />S t._- ??) <br />December 12, 2007 <br />Mr. Kent Gorham <br />Division of Reclamation, Mining and Safety <br />1313 Sherman Street, Room 215 <br />- -- Denver;-Colorado - 80203--=- -- =-- - _ - - <br />Re: Golden Eagle Mine Permit No. 81-013 <br />Phase III Bond Release Request <br />Dear Mr. Gorham: <br />RECEIVED <br />DEC 13 2007 <br />Divisu, yr Keuamation, <br />Mining and Safety <br />Basin Resources requests that the five Groundwater Monitoring Wells, NM 20, <br />21, 22 & 23 and SF-2 be withdrawn from the bond release application. There is <br />renewed interest in developing the remaining Maxwell seam reserves and these <br />wells may provide essential aquifer monitoring capabilities for these areas. <br />LA-218 is a coal exploration drill hole completed as a water-monitoring well by C <br />F & I in March-April of 1975. Due to the date of the disturbance, we believe that <br />this well is a pre-law structure, and not subject to reclamation bonding. A copy of <br />the driller's record is enclosed. <br />If you have any questions, please call me. <br />Sincerely, <br />Ron Thompson <br />Agent <br />Enclosures: