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.. ~.._ <br />October 17, 2003 <br />2003 Annual Report - O'Bannon Pit <br />Permit No. M-1980-201 <br />20022002 Minine -Mining continued in the northeast corner of pit. (refer to map). <br />Approximately 1/2 acre of material was excavated and processed. <br />2002 Reclamation -The banks were sloped and graded in this area following <br />mining. This area is to be seeded in the next 2 years. <br />2003 Mining -Mining will again occur in the northeast corner of pit. <br />Depending on the amount of material needed for the 2003 season, this area <br />will not be mined after 2003 because we will not go any further to the east. <br />Bond Information - A copy of our bond is included. <br />