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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 8, 2015 <br />Mining in most of 2015 has been occurring at a steady pace and the new road has <br />been completed all the way to the bottom and the entrance to CO Hwy 141 has been <br />asphalted and paved to a point about 100 feet past the main gate entrance to help <br />with dust control and dirt on the highway. The rest of the North hillside adjacent to <br />the new road will be graded some and planted as weather and time permits. Mining <br />will continue on the East end as much as possible and as needed on the West end. It <br />is not anticipated to open up any new acreage in 2016 but to continue mining on <br />ground already opened up. It is anticipated to close the present temporary access at <br />some point in the next year and bring traffic in and out of the new road only. <br />Leon Moores co/manager <br />Moores Mining, LLC <br />