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ELLURI DE <br />GRAVEL <br />A Division of Oldcastle SW Group, Inc. <br />270 Highway 625 • Telluride, CO 81435 <br />(970)728-3775•Fax(970)728-3015 <br />June 16, 2003 <br />Division of Minerals and Geology <br />1313 Sherman Street <br />Room 215 <br />Denver, CO 80203 <br />Subject: Annual Report Information <br />Reference: DMG Permit No: M-1976-032 -Alexander Pit <br />To Whom It May Concern, <br />Telluride Gravel provides the following information to comply with the Annual Report Requirements: <br />1. Status of Permit Bond: <br />The required permit bond is underwritten by Hanford Insurance Group. <br />The current bond is valid for the period 2/27/03 to 2/27/04. <br />See attached copies of bond invoice and payment. <br />2. Storm Water Management: <br />Telluride Gravel currently complies with the required State of Colorado Stormwater Management <br />Plan Requirements. <br />There are no water discharges to report. <br />3. Weed Control: <br />Telluride Gravel performs weed control to comply with permit requirements. <br />Weeds are pulled by Telluride Gravel and disposed of off-site by trash removal services. <br />4. Map of Current Disturbances and Reclamation Activities: <br />Mining activities are inactive and there are no changes to report. <br />See attached map. <br />Should you have questions or require additional information, please contact me at 728-3775. <br />Sincerely, <br />Telluride Gravel <br />d <br />Greg Homan <br />General Manager <br />