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<br />LEGAL DESCRIPTION <br />PERMITTED AREA <br />THAT PORTION OF THE SOUTHWEST ONE QUARTER OF THE SOUTHEAST ONE QUARTER (SW SEI <br />OF SECTION 31. TOWNSHIP 14 SOUTH RANGE 69 WEST OF THE SIXTH PRINCIPAL MERIDIAN. <br />CRIPPLE CREEK MINING DISTRICT. TELLER (FORMERLY EL PASOI COUNTY. COLORADO AND <br />BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS+ <br />BEGINNING AT THE SOUTHEAST CORNER OF SOUTHWEST ONE QUARTER OF THE SOUTHEAST ONE <br />QUARTER (SE COR. SW SEI OF SAID SECTION 32. FROM WHENCE THE SOUTHEAST CORNER OF <br />SAID SECTION 32 BEARS 556'S1'25'E. 1345.37 FEET AND RUNNING THENCE. <br />N56'S1'25'W. ALONG THE SOUTHERLY LINE OF SAID SOUTHWEST ONE QUARTER OF THE <br />SOUTHEAST ONE QUARTER (SW SE) OF SECTION 32. 315.15 FEET TO THE INTERSECTION <br />WITH LINE 2-3 OF U.S. MINERAL SURVEY NO. 9984. THE MIDLAND LODE MINING CLAIM <br />THENCE. NOS'00'36'W. ALONG SAID LINE 2-3 OF THE MIDLAND LODE. 164.65 FEET TO <br />CORNER N0. 2 THEREOF THENCE. 572'IS'24'W. ALONG LINE I-2 OF SAID MIDLAND <br />LODE. 11.97 FEET TO THE NORTHEAST CORNER OF TRACT 'B'. HOT IN PATENT. AS THE <br />SAME IS SHOWN AND DESIGNATED IN THE PATENT EXCEPTIONS AND EXCLUSIONS OF SAID <br />MIDLAND LODES THENCE. S06'26'36"E. 117.63 FEET TO THE SOUTHEAST CORNER OF <br />SAID TRACT 'B'~ THENCE. 553'33'24'W. 175.57 FEET TO AN ANGLE POINT OF SAID <br />TRACT 'B'. BEING A POINT ON LINE 2-3 OF U.S. MINERAL SURVEY N0. 9755 THE <br />CHAMPION LODE MINING CLAIM+ THENCE. NI4'02'36'W. ALONG SAID LINE 2-3 OF THE <br />CHAMPION LODE. 27.27 FEET TO CORNER N0. 2 OF THEREOF+ THENCE. 564'3B'24'W. <br />ALONG LINE I-2 OF SAID CHAMPION LODE. 52.75 FEET TO A POINT ON SAID SOUTHERLY <br />LINE OF SAID SOUTHWEST ONE QUARTER OF THE SOUTHEAST ONE QUARTER l5W SEl OF <br />SECTION 32~ THENCE. N56'S1'25'W. ALONG SAID SOUTHERLY LINE. 42.81 FEET TO A <br />POINT ON THE WESTERLY LINE OF SAID TRACT 'B'+ THENCE. N06'25'36'W. ALONG <br />SAID WESTERLY LINE. 50.45 FEET TO A POINT ON SAID LINE I-2 OF THE MIDLAND LODE <br />THENCE. 572'IS'24'W. ALONG SAID LINE I-2 OF THE MIDLAND LODE. 139.64 FEET TO A <br />POINT ON SAID SOUTHERLY LINE OF THE SOUTHWEST ONE QUARTER OF THE SOUTHEAST ONE <br />QUARTER ISW SE1 OF SAID SECTION 32~ THENCE. N56'S1'25'W. ALONG SAID SOUTHERLY <br />LINE. 363.41 FEET TO THE INTERSECTION WITH LINE 2-3 OF U.S. MINERAL SURVEY <br />N0. 5545. THE LINCOLN N0. 2 LODE MINING CLAIM. FROM WHENCE THE SOUTH ONE QUARTER <br />CORNER OF SAID SECTION 32 BEARB N86'S1'25'W. 216.96 FEET THENCE. N58'22'24'E. ALONG <br />SAID LINE 2-3 OF THE LINCOLN N0. 2 LODE. 121.52 FEET TO CORNER NO. 2 THEREOF+ <br />THENCE. N31'37'35'W. ALONG LINE I-2 OF SAID LINCOLN NO. 2 LODE. 52.21 FEET TO <br />THE INTERSECTION WITH THE EASTERLY RIGHT OF WAY OF TELLER COUNTY ROAD N0. 61~ <br />THENCE. FOLLOWING SAID EASTERLY RIGHT OF WAY. FOLLOWING A CURVE TO THE LEFT <br />WHOSE RADIUS IS 3030.00 FEET AND WHOSE LONG CHORD BEARS N32'29'25'E. 452.92 <br />FEET THROUGH AN ARC OF 453.34 FEET TO A POINT ON TANGENTS THENCE. CONTINUING <br />ALONG SAID EASTERLY RIGHT OF WAY. N25'12'IS'E. 306.06 FEET TO A POINT ON LINE <br />2-3 OF U.S. MINERAL SURVEY N0. 10365. THE GOOD LUCK LODES THENCE. S54'25"36'E. <br />ALONG SAID LINE 2-3 OF THE GOOD LUCK LODE. 52.21 FEET TO THE SOUTHWEST CORNER <br />OF TRACT 'A' OF SAID GOOD LUCK LODE. AS THE SAME IS SHOWN AND DESIGNATED IN <br />THE EXCEPTIONS AND EXCLUSIONS OF THE PATENT THEREOF: THENCE. NOS'34'24'E. <br />10.00 FEET TO AN ANGLE POINT OF SAID TRACT 'A'+ THENCE. N84'25'36'W. ALONG <br />THE SOUTHERLY LINE OF SAID TRACT 'A'. 48.04 FEET TO THE INTERSECTION WITH SAID <br />EASTERLY RIGHT OF WAY OF TELLER COUNTY ROAD N0. 61~ THENCE. N28'12'IS'E. <br />ALONG SAID EASTERLY RIGHT OF WAY. 200.55 FEET TO A POINT OF CURVATURE <br />THENCE. FOLLOWING ALONG SAID EASTERLY RIGHT OF WAY. FOLLOWING A CURVE TO THE <br />LEFT WHOSE RADIUS IS 2030.00 FEET AND WHOSE LONG CHORD BEARS N28'34'S7'E. <br />114.93 FEET. THROUGH AN ARC OF 114,94 FEET TO THE INTERSECTION WITH THE NORTH <br />LINE OF SAID TRACT 'A' OF THE GOOD LUCK LODE MINING CLAIMS THENCE. S52'I7'36'E. <br />ALONG SAID NORTH LINE OF TRACT 'A' 83.65 FEET TO THE NORTHEAST CORNER OF SAID <br />TRACT 'A'. BEING A POINT ON LINE I-2 OF SAID GOOD LUCK LODE MINING CLAIM <br />THENCE. NOB'IS'24'E. ALONG SAID LINE I-2 OF THE GOOD LUCK LODE MINING CLAIM, <br />57.51 FEET TO THE INTERSECTION WITH LINE LINE 2-3 OF U.S. MINERAL SURVEY <br />N0. 10329. THE LINCOLN NO. 2 PLACER lNOT IN PATENTI~ THENCE. NOS'44'36'W. <br />ALONG SAID LINE 2-3 OF SAID LINCOLN N0. 2 PLACER. 117.49 FEET TO THE <br />INTERSECTION WITH SAID EASTERLY RIGHT GF WAY OF TELLER COUNTY ROAD NG. 61~ <br />THENCE. FGLLOWING SAID EASTERLY RIGHT OF WAY. FOLLOWING A CURVE TO THE LEFT <br />WHOSE RADIUS IS 2030.OG FEET AND WHOSE LONG CHORD BEARS NIS'Il'S0'E. 65.24 FEET <br />THROUGH AN ARC OF 65.24 FEET TO THE INTERSECTION WITH THE NORTHERLY LINE OF <br />SAID SOUTHWEST ONE QUARTER OF THE SGUTHEAST ONE QUARTER (SW SEI OF SECTION 32~ <br />THENCE. S55'32'04'E. ALONG SAID NORTHERLY LINE. 356.42 FEET TO THE NORTHEAST <br />CORNER THEREOF THENCE. 503'07'S7'E. ALONG THE EASTERLY LINE OF SAID SOUTHWEST <br />ONE QUARTER OF THE SOUTHEAST ONE QUARTER (SW SE) OF SECTION 32.1364.75 FEET <br />TO 9AID SOUTHEAST CORNER OF THE SGUTHWEST ONE QUARTER OF THE SOUTHEAST ONE <br />QUARTER (SW SEI OF SECTION 32. BEING THE POINT OF BEGINNING AND CONTAINING <br />21.591 ACRES MORE OR LESS BY THIS SURVEY. <br />NOTE+ SEE SHEET <br />