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Janet Binns <br />I have enclosed a copy of the recent letter from Mr. Lee Gaskins of RAG <br />international. I have also included a copy of the original lease to Cyprus Energy <br />Company and the two subsequent amendments to that lease. <br />Please keep me up to date in regards to your communications with RAG <br />international. Be assured that I am willing to work with you, and RAG international to <br />resolve any potential problems. <br />RECEIVED <br />JUL 2 4 2003 <br />Division of Minerals d Geolocjy <br />