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Colorado Goldfields Inc. <br /> Kittimac Tailings Repository Permit: P-2011-015 AND MD-01 <br /> 2012 Annual Report Narrative <br /> Work performed within the permit area during permit year 2011-2012 was as follows: <br /> KITTIMACK TAILINGS REPOSITORY <br /> Fourteen geotechnical drill holes were drilled, logged, completed and sealed as approved <br /> in NOI P-2011-015 and Modification MD-01. All site surface disturbances were <br /> reclaimed as provided in the Permit documents. <br /> Attached to this report is a copy of the Closure Reports for the 14 Test Borings as <br /> prepared by the driller, Trautner Geotech LLC. <br /> 7986 South Datura Circle West' Littleton, CO 80120 ' (303)683-3338 <br />