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Peak Project Management, LLC <br />3800 County Road 63.9 <br />Trinidad, CO 81082 <br />Telephone/Fax: (719) 846-4975 <br />Cell: (719) 859-0111 <br />e-mail: ronthompsonQsensonics.org <br />February 28, 2003 <br />Kent Gorham <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Re: New Elk Mine Permit No. 81-012 <br />2002 Annual Hydrology Report <br />Dear Mr. Gorham: <br />MAR 0 3 ?Op,~ <br />O~b~sion of ryyinerals and CeologY <br />By this letter, Picketwire Processing, LLC submits two copies of the 2002 Annual Hydrology Report for <br />the New Elk Mine. This report includes monitoring data collected throughout the year 2002 for surface <br />and groundwater monitoring and a summary of data collected during the 1984-2002 monitoring period. <br />Please call me if there are any questions or if additional information is required. <br />Sly, <br />Ran Thompson <br />Enclosure <br />