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MOORES MINING, LLC <br />32906 Hwy 141 <br />Gateway, CO 81522 <br />(970) 931 -2806 <br />(970) 931 -2804 <br />ANNUAL REPORT <br />September 1, 2014 <br />Mining in most of 2014 has been at a steady pace in most of 2014. Mining has <br />continued on the east end on the new road and the road has been completed at the <br />entrance to Highway 141 and new fencing and gates have been installed at the <br />entrance, it is anticipated that the new road will be completed in the next 3 to 6 <br />months, if the anticipated sale of stockpiled sand occurs. Sloping and planting on <br />the north side of the new road will continue as the road is completed. <br />Mining will continue as needed on the west end as demand requires. It is not <br />anticipated that any new acreage will be opened up in 2015 and mining will continue <br />on the area already opened up. <br />Leon Moores co /manager <br />Moores Mining, LLC <br />