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<br />ANNUAL REPORT <br />EVERHART PIT <br />Pennit No. M 1997-081 <br /> <br />The Everhart Pit is adjacent to the Pope's No. 1 Pit. The plan has been to mine through the <br />buffer between the two properties and then closeout the Pope's No. 1 Pit. The barrier <br />between the two properties has been removed within the past two weeks. We anticipate using <br />the Pope's No. 1 Pit entrance and floor to stockpile, process and haul gravel until sufficient <br />additional mining is done on the Everhart property to warrant Dosing down Pope's side of the <br />pit. Attached is a map showing the very limited mining that has taken place in the Everhart Pit. <br />Please note that this permit is held by Pueblo County therefore no financial warranty has been <br />required. <br />2/22/00 <br />