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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: 1303) 832$106 <br />January 1, 2005 <br />Cotter Corporation <br />28151 DD Road <br />P. O. Box 700 <br />Nucla, CO 81424 <br />COLORADO <br />DIVISION O F <br />MIN &RALS <br />GEOLOGY <br />RECLAMATION•MINING <br />SArETY•SCIENCE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Under the terms of your Reclamation Permit and Colorado Statutes, you must submit Annual Fees and Annual <br />Reports. You must pay the Annual Fee and submit an Annual Report each year until reclamation responsibility <br />release is granted. The Annual Fee is not a renewal fee. The fee and the report are for i.AST YEARS mining <br />and reclamation season, and MI IST be received even if your operation was in an inactive state. The fee and <br />report are due nN nR RFFnRF your permit anniversary date shown below. <br />If you have requested reclamation responsibility release from the Division of Minerals and Geology (the <br />"Division") but your permit is not released by your anniversary date listed below, the annual fee 1ti1I?S_T be <br />paid. If the permit is released before the anniversary date, then by Statute, you do not pay an annual fee or <br />submit an annual report for that year. <br />PI,F.ASF. NOTF,~ IF THE ANNUAL FEE, ANNUAL REPORT, AND A MAP ARE NOT RECENED OLI <br />OR RF.FORF YOUR ANNIVERSARY DATE, A FORMAL NOTICF (1F Vini ATInN ANn A RnARD <br />ORL)FR Tn PAY CiVLI. PFNAT.TTFS IN THE AMOUNT EQUAL TO THE ANNUAL FEE $550.00 WILL <br />BE AUTOMATLCAL T V ASSESSED. NO PERr~ITS FOR NEW MINING OPERATIONS SHALL BE <br />GRANTED TO ANY OPERATOR WHO IS CURRENTLY FOUND TO BE IN VIOLATION IN THIS <br />STATE (C.R.S. 34-32.5-120 OR C.R.5. 34-32-120) UNTIL THE VIOLATION IS ABATED. <br />Division records indicate $550.00 fee is due <br />Permit No.: M-1977-451 <br />Operation Name: Ike No 1 Mine <br />Anniversary Date: February 15, 2005 <br />Total Fee Due: $550.00 (Due on or before your Anniversary Date) <br />[f your records indicate different facts than those stated above please notify the Division. <br />Please return the enclosed annual report FnRM, a MAP, and a C'i For MnNFY nRDFR made payable to <br />[he Division of Minerals and Geology, 1313 Sherman S[., Room 215, Denver, Colorado 80203. <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to contact <br />Tawnya Deherrera at (303) 866-4084. <br />M:~ttnSl~tlV(ASTERDOCUMENTSM-AF-02.DOC Office of Colorado <br />Mined Land Reclamation Active and Inactive Mines Geological Survey <br />