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Vrarra Companies, l~c. <br />Office of Special Projects <br />1431 East 16th Street Greeley, Colorado 80631 Telephone {970) 3538310 FAX (970) 353-4047 <br />Annual Report - M78-056 -Pit 117 (Durham) <br />Thursday 1 June 2000 <br />Extraction is ongoing on both the Phase III (Eastern) and Area D (Western) ends of <br />the property, and will continue at those locations through the year 2000. As the <br />end of the year approaches, the mine plan may be revised to reflect changes in <br />operation strategy, since the acquisition of the property from M&M Sand & <br />Gravel. <br />Reclamation has been limited to cleaning up the property and grading of <br />completed slopes along the completed portions of the Northern boundary of <br />Phase III. Due to pending actions by the City of Thornton to condemn the <br />property for purposes of establishing a reservoir, actions to modify or advance <br />mining and reclamation beyond the original plan may be delayed until the courts <br />have made final determinations respective of this matter. <br />