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The upcoming permit year will see the Cash Mine (M1983-141) and the prospect <br />areas nearby produce material for bulk sampling and metallurgical testing. The Gold Hill <br />Mill will run this material, within the bounds of the respective permits. Additionally, the <br />lazge, unsightly stockpiles of material to the west of the mill building will be leveled, <br />surveyed (before and after) and reclaimed. Near term gold prices will likely not warrant <br />the processing of this material. A plan will be submitted to the Division, if necessary, to <br />addressthis proposed change of topography. <br />We greatly appreciate the help that you and your staff have given us. The <br />upcoming yeaz appears promising to us and we look forward to working with the <br />Division and its staff on the mining and milling which we aze permitted for. <br />Sincerely, <br />MOUNT ROYALS VENTURES, LLC <br />By Matt Collins <br />Project Manager <br />Enc: Map(s) of Permit M1994-117 <br />