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OCT 25 '99 16:13 FR REFERS AND CRRUER <br />• <br />Mr. Wally Erickson <br />October 25,1999 <br />Page 3 <br />3035927680 TO 919702475104 P.04i16 <br />5. "Waz Murerels Report of the United States Department of the Interior-Bureau of <br />Mines; Brown Derby Mine," dated May, 1945. Please note the first pangtaph at <br />the top of page three, which confums construction of the road. The Report is <br />attached and labeled Attachment "E." <br />These documents demonstrate that the Brown Derby Mine Access Road was constructed <br />with public funds for the propose of accessing the Brown Derby Mine. Based on these <br />documents, we believe that the road is public. Despite a di]igent search by the Company, no <br />documents or other evidence has been found which indicates to the contrary. <br />Please do not hesitate to contact us in the event that you have any further questions or <br />concerns. <br />Sincerely, ~ / ~ ~ /}~~ <br />Bruce C. Kirchhoff <br />Encl. <br />cc: Ms. Glynda Yoder, Precious Offerings Mineral Exchange, Inc. <br />U:\Climu\Yoda-Brow++ De+by-133-1i141\Cmrnpoodenallo~.v91rt b WFlicl6an.dx <br />