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~,-,~,e~f~~ ~Jr~(/c~~~) <br />-~" OLD MOiTNTAIN <br />~~ <br />METALS, INC <br />PO Box 5257 Bnena Vista, CO 81211 <br />330-703-8565 <br />July 12, 2006 <br />(Colorado Division of Minerals & Geology <br />1313 Sherman St <br />Room 215 <br />Denver, CO 80203 <br />EiEG~:, . ~' <br />~JUL 14 2006 <br />ivisieo of Minerals and Gaolopy <br />Subject: 2006 Annual Report & Fee Payment for Gold Basin Mine, Permit M-1992-045 <br />- --~- <br />Dear Colorado Division of Minerals & Geology: <br />°' ' ~ ~-' ° -T~iis`letter is to serve as the 2006 Annual ReporFof Activities for Gold"Basin Ivline; Permit <br />M-1992-045. Also included in this mailing is a check for $225.00 for payment of the 2006 <br />annual permit fee. <br />As a reminder, the mine location is at 12,200 feet elevation and the mining season is only 90- <br />120 days and weather dependent. <br />Approximately 900 yards of previously disturbed bank run material was processed during the <br />2005 season. This material was removed from the 3.06 acre permitted area as indicated on <br />the attached diagram. The boulders were placed in the reclamation area shown in the diagram <br />at the northwest corner of the 3.06 acre section to help minimize erosion from the hillside in <br />that area. The washed #3 stone was used to improve roadways in the 3.06 acre section, fill in <br />eroded areas and also placed in the reclamation area shown in the middle of the 3.06 acre <br />section of the attached diagram. The tailing sands were used to improve roadways within the <br />3.06 acre section, fill in eroded areas and also placed in the reclamation area shown at the <br />east end of the 3.06 acre section of the attached diagram. No top soil was removed during <br />2005. <br />The mining and reclamation activities for 2006 are anticipated to be similar to the 2005 <br />activities at the Gold Basin Mine site. The disturbed and reclamation areas are anticipated to <br />"~"- `occur in approximately the same locations within the 3.06 acre section as For the 2005 work <br />and as shown on the attached diagram. <br />Sincerely~_ <br />Steven M. Ryba <br />Secretary & Treasurer, <br />Gold Mountain Metals, Inc <br />attachment <br />