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~~~ <br />COTTER <br />January 13, 2004 <br />Division of Minerals and Geology <br />Department of Natural Resources <br />Attn: Petrina Mazza <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Subject: Ike No. 1 Mine Annual Report <br />File No. M-1977-451 <br />Dear Ms. Mazza: <br />RECEIVED <br />FEB 0 2 2004 <br />Division of Minerals & Geology <br />The Ike No. 1 Mine is located in San Miguel County and operates <br />under a 112 permit with a permitted acreage of 13.3 acres. This <br />mine has a phased reclamation plan. There were no additional acres <br />affected during this report year, and no additional disturbance is <br />anticipated 'for the next report year. <br />A new map is not enclosed as no changes have occurred since the <br />last annual report. <br />The sufficiency of the financial warranty for the above captioned <br />permit has been reviewed by DMG and Cotter Corporation and was <br />found sufficient to cover the reclamation costs associated with <br />this property. <br />Enclosed please find a check in the amount of $550.00 as payment <br />for the annual fee. <br />If you need additional information, please call me at 970-864-7347. <br />Sincerely, <br />COTTER CORPORATION <br />~~~~~~ <br />Glen Williams, Manager <br />Western Slope Operations <br />Enclosures <br />GW/tlm <br />dmgsrl l:gw <br />cc: Donna Dyer <br />Cotter Corporation -West Slope Operations Telephone 19701 864-7347 <br />P.O. Box 700, 25751 DD Road, Nucla, CO 81424 USA Fax (970) 864-7287 <br />