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X- <br />RECEIVED <br />JAN 1 ~ 2005 <br />Givlsinn of Minerals and Geolo9Y <br />January 14, 2005 <br />Mr. Kent Gorham <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: Lorencito Canyon Deep Mine <br />Notice of Intent <br />Dear Mr. Gorham: <br />Peak Project Management, LLC <br />34115 County Road 20.8 <br />Trinidad, CO 81082 <br />Telephone/Fax: (719) 846-4975 <br />Cell: (719) 859.0111 <br />e-mail: ronthompson~sensonics.org <br />Enclosed is a Notice of Intent to Explore Involving the removal of 250 tons or less of coal. The project <br />intent is to evaluate the potential development of the area Irnown as the Pl/P2 Portal azea. The proposed <br />core holes will provide information regarding mining condition i.e. roof and floor characteristics, as well as <br />coal quality data. <br />Sin rely, <br />Iris, <br />Ron Thompson <br />