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THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD <br />INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS <br />CERTIFICATE MAY BE ISSUED OR MAY PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, <br />EXCLUSIONS AND CONDITIONS OF SUCH POLICIES LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. <br />INSR <br />LTR <br />TYPE OF INSURANCE <br />ADD'L <br />INSRD <br />SUBS <br />WVD <br />POLICY NUMBER <br />POLICY EFF <br />(MM/DD/YYYY) <br />POLICY EXP <br />(MM/DD/YYYY) <br />LIMITS <br />A <br />GENERAL <br />X <br />LIABILITY <br />COMMERCIAL GENERAL LIABILITY <br />INSURED <br />Basin Resources, Inc. <br />Attn: Chuck Finkenstadt <br />9540 South Maroon Circle <br />Suite 200 <br />Englewood, CO 80112 <br />I <br />INSURER B• <br />GL0654147903 <br />GCi`� <br />V <br />7/1/2012 <br />ID GENERAL <br />7/1/2013 <br />EACH OCCURRENCE <br />$ 1,000,000 <br />DAMAGE TO RENTED <br />PREMISES (Ea occurence) <br />$ 1,000,000 <br />INSURER F <br />CLAIMS -MADE <br />g <br />OCCUR <br />MED EXP (Any one person) <br />$ 10,000 <br />$ 1,000,000 <br />PERSONAL &ADV INJURY <br />AGGREGATE <br />$ 2,000,000 <br />GEN'L AGGREGATE <br />7 POLICY <br />LIMITAPPLIESPER: <br />JE 0 <br />LOC <br />PRODUCTS - COMP/OP AGG <br />$ 2,000,000 <br />$ <br />AUTOMOBILE <br />LIABILITY <br />ANY AUTO <br />ALL OWNED <br />H/REDAUTOS <br />SCHEDULED <br />NON-OWNED <br />AUTOS <br />\�` 0� 7� v`d ety t\ <br />VON\s`• V\gan� <br />�(\ \n <br />�� <br />COMBINED SINGLE LIMIT <br />(Ea accident) <br />$ <br />BODILY INJURY(Per person) <br />$ <br />$ <br />PROPERTYDAMAGE�Ident) <br />(Per accident) <br />$ <br />$ <br />UMBRELLA LIAB <br />EXCESS LIAB <br />OCCUR <br />CLAIMS -MADE <br />EACH OCCURRENCE <br />$ <br />AGGREGATE <br />$ <br />DED <br />RETENTION $ <br />$ <br />WORKERS COMPENSATION <br />AND EMPLOYERS' LIABILITY Y/N <br />ANY PROPRIETOR/PARTNER /EXECUTIVE <br />OFFICER/MEMBER EXCLUDED? <br />(Mandatory in NH) <br />If yes, describe under <br />DESCRIPTION OF OPERATIONS below <br />N/A <br />WC STATU- OTH- <br />TORY LIMITS ER <br />E.L. EACH ACCIDENT <br />$ <br />E L DISEASE - EA EMPLOYEE <br />$ <br />E.L DISEASE - POLICY LIMIT <br />$ <br />DESCRIPTION OF OPERATIONS/ LOCATIONS/ VEHICLES (Attach Acord 101, Additonal Remarks Schedule, if more space is required) <br />RE: The Golden Eagle Mine - Permit #C -81 -013 <br />A ° f CERTIFICATE OF LIABILITY INSURANCE Page 1 of 1 <br />06/2 /2012 <br />THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS <br />CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES <br />BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED <br />REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. <br />IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies)must be endorsed. If SUBROGATION IS WAIVED, subject to <br />the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the <br />certificate holder in lieu of such endorsement(s). <br />PRODUCER <br />Willis of Tennessee, Inc. <br />c/o 26 Century Blvd. <br />P. 0. Box 305191 <br />Nashville, TN 37230 -5191 <br />CONTACT <br />NAME: <br />PHONE FAX <br />(ANC. NO. EXT) 877 - 945 -7378 (A(C,N0). 888- 467 -2378 <br />ADDR certificates@Willis.com <br />INSURER(S)AFFORDING COVERAGE <br />NAIC # <br />INSURERA Zurich American Insurance Company <br />16535 -000 <br />INSURED <br />Basin Resources, Inc. <br />Attn: Chuck Finkenstadt <br />9540 South Maroon Circle <br />Suite 200 <br />Englewood, CO 80112 <br />I <br />INSURER B• <br />INSURERC <br />INSURER D: <br />INSURER E. <br />INSURER F <br />COVERAGES <br />CERTIFICATE HOLDER <br />ACORD 25 (2010/05) <br />CERTIFICATE NUMBER: 18155600 <br />CANCELLATION <br />REVISION NUMBER: <br />State of Colorado <br />Attn: Joseph Dudash <br />Mined Land Reclamation Office <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE <br />THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN <br />ACCORDANCE WITH THE POLICY PROVISIONS. <br />AUTHORIZED REPRESENTATIVE <br />Co11:3781068 Tp1:1480067 Cert:18155600 ® 1988- 2010 ACORD CORPORATION. All rights reserved. <br />The ACORD name and logo are registered marks of ACORD <br />