PERMFILE137650

• Permit No: M2001046
• IBM Index Class Name: Permit File
• Doc Date: 4/18/2002
• Doc Name: Adequacy Correspondence
• From: Banks and Gesso LLC
• To: DMG
• Media Type: D
• Archive: No

FAX[phone] EMAIL
December 5, 2000
Mr. Paul Gesso
Banks and Gesso, LLC
720ICipling, Suite 117
Lakewood, CO 80215
RE : Nix Property -Aggregate Reserve Estimate
For Owens Brothers Concrete Company
Deaz Paul,
1Z, ~ S_°v
R~
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This letter presents the results of an exploration program ana aggregate reserve estimates
for the subject property. The 240 acre site is located in the eastern half of Section 28,
T3N, R67W in un-incorporated Weld County.. The property is bounded by SH66 on the
north, WCR28 on the south, and WCR 19 on the east. The land is currently being farmed
for corn and onions, with the corn being harvested at the time of drilling.
On November 27, 28 and 30, 2000 I supervised the exploratory drilling of seventeen test
holes of the subject project. Traditional drilling with 5-inch solid-stem, continuous-flight
auger was utilized on the first fourteen holes, while hollow-stem auger was used to
complete the project on the third day. The locations of the drill holes aze indicated on the
attached map; the field numbers have been arbitrarily assigned to assist with the. property
assessment. The drilling logs for each hole aze also attached. The resuhs of the
seventeen holes are summarized in the table below.

Drill Hole Overburden Sand & Gravel Total De th Drilled
DH -1 15 28 43
DH - 2 12 44 56
DH-3 10 37 47
DH-4 5 41 46
DH - 5 5 44 49
DH - 6 5 44 49
DH - 7 4 39 43
DH - 8 5 44 49
DH - 9 9 22 31
DH -10 5 41 46
DH -11 7 39 46
DH -12 6 40 46
DH -13 5 44 49
DH-14 8 27 35
DH -15 6 26 32
DH -16 5 47 52
DH -17 12 41 53
Aver e 7.3 38.1 45.4