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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman 6t., Room 215 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3567 <br />FAX: (303) 832-8106 <br />May 1, 2006 <br />Cotter Corporation <br />P.O. BOX 700 <br />Nucla, CO 81424 <br />1,-/ L C' i.7 ~. <br />COLORADO <br />DIVISION O F <br />MINERALS <br />GEOLOGY <br />pEC LA MATION•MINING <br />EAfETT•ECIENCE <br />Bill Owens <br />Governor <br />Russell George <br />Executive Director <br />Ronald W. Cattany <br />Division DirecTOr <br />Natual 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 T.AST VF.ARS mining <br />and reclamation season, and MAST be received even if your operation was in an inactive state. The fee and <br />report are due ON nR RFFORF 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 MiiST 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. NnTF.: IF THE ANNUAL FEE, ANNUAL REPORT, AND A MAP ARE NOT RECENED QLI <br />OR RF.FnRF. YOUR ANNNERSARY DATE, A FORMAT. NnTTCF nF VTOT.ATTON AND A RnARD <br />~RnFR Tn PAV ~IVtr PFNAr TTFC IN THE AMOUNT EQUAL TO THE ANNUAL FEE $225.00 WILL <br />BE A[ITiIMATT('AT T Y ASSESSED. NO PERMITS 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.S. 34-32-120) UNTIL THE VIOLATION IS ABATED. <br />Division records indicate $225.00 fee is due <br />Permit No.: M-1977-284 <br />Operation Name: Mineral Joe Claims <br />Anniversary Date: June 16, 2006 <br />Total Fee Due: $225.00 (Due on or before your Anniversary Date) <br />If 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 CHRCK or MONFY nRT)FR made payable to <br />the Division of Minerals and Geology, 1313 Sherman St., Room 215, Denver, Colorado 80203. <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to contact Michelle <br />Ramirez at (303) 866-4060. <br />Office of Office of Colorado <br />Mine8k~8~1iL~f"dr4rbTlfi4~oaumeNTSmt-'v~''oz.°oc Active and Inactive Mines Geological Survey <br />