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<br />Division of Minerals and Geology <br />Attn: Mr. Jim Stevens <br />April 25, 1996 <br />Page Two <br />New Mining Time Table - 1987 to 2016. The new date has been <br />extended because the operator estimates that the market is not as <br />strong. <br />Reclamation Time Table - Final reclamation will be completed <br />within 1 year of the completion of the mining stage. <br />If you need any other information, please contact me. <br />Sincerely, <br />Valco Inc. <br />Canon City Concrete Division <br />Ed Stewart, General Manager <br />Enc. <br />ES/db <br /> <br /> <br />