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~^ <br />JUN-15-2004 09 00 <br />DUNCtaN, ~TRRNDER&D I NGESS <br />EXHIBIT "B'° <br />Guanella Reservoir - Pacee! #2 -Easement <br />303 779 3662 P.31i53 <br />That portion of Mineral Survey (M.S.) No.1642, the Salmon Placer, in Mineral District No. <br />2, lying within parts of Section 29, Township 3 South, Range 74 W est of the Sfxth <br />Principal Meridian, Clear Creek County, Colorado, being more particularly described as <br />follows: <br />NOTE: For the purpose of this description the bearings are based on the 9-1 Ifne of said <br />Mineral Survey No. 1648. Satd Ilne bearing South 00°22'34" East, a distance of 2086.02 <br />feet. Comer No. 9 of said Mineral Survey No. 1648 being a 10" x 10" stone with a chiseled <br />"+° on the top projecting 1.1' from the ground, marked 9-1648 and Comer No. 1 of said <br />Mineral Survey No. 1648 being a 10° x 10° stone wRh a chiseled °+" on the top projecting <br />1.1' from the ground, marked 5-1642. Comer No. 1 of said Mineral Survey No. 1648 also <br />being the same as Comer No. B of saki Mineral Survey No. 1642. <br />BEGINNINb at Comer No. 1 of said Mineral Survey No. 1642; <br />Thence North 41°15'33" West, 434.09 feet to Comer No. 2 of said Mineral Survey No. <br />1642; <br />Thence South 82°69'62` West, 753.12 feet to Comer No. 3 of said Mineral Survey No. <br />1642; <br />Thence along the 3-4 line of seid Mineral Survey No. 1642, South 68°09'44" West, 643.50 <br />feet; <br />Thence leaving said 3-4 line of Mineral Survey No. 1642, North 25°28'50" West, 96.77 feet <br />to the southerly line of a parcel of land described in Book 420 at Page 569; <br />Thence along the southerly and easterly line of said parcel of land described in Book 420 <br />at Page 569 the following three (3) courses: <br />1. North 70°59'57" East, 1024.03 feet; <br />2. South 89°30'00" East, 700.00 feet; <br />3. North 10°10'00" East, 274.53 feet to a point on the 10-11 Ilne of said Mineral <br />Survey No. 1642; <br />Thence along Bald 10-11 line of Mineral Survey No. 1642, South 63°52'48" East, 44.76 <br />feet to Comer No. 11 of said Mineral Survey No. 1642; <br />Thence North 33°33'21" East, 80.65 feet to Comer No. 12 of said Mineral Survey No. <br />1642; <br />S:18B210031DM0 PirCOlc~Par°a1 2 R°V.App <br />Page 1 of 3 <br />