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STATE OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Department of Natural Resources <br />1313 Sherman St., Room 215 C O L O RA D O <br />DenNef, Colorado 80203 DIVISION O F <br />Phone: (303) e66-356 ~ M I N E <br />RA L S <br />FAX: (303) 832-8106 a <br />GEOLOGY <br /> 0.ECLANATION•MINING <br /> EAFETY•SCIENCE <br />April 1, 2006 Bill Owens <br /> Governor <br />Penn Mountain Mining, Inc. Ru~seil ceGrge <br />6182 S. 2855 E. Fxecuuve Director <br />Ogden, UT 84403 Ronald w. Canany <br /> Division Director <br /> Natural 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 i.AST YEARS mining <br />and reclamation season, and MTTST be received even if your operation was in an inactive state. The fee and <br />report are due (7N (7R RRFt7RF your permit anniversary date shown below. <br />If you have requested reclamation responsibility release from the Divisiori 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 />PLF.ASF. NnTF.~ IF THE ANNUAL FEE, ANNUAL REPORT, AND A MAP ARE NOT RECENED ON <br />OR BEFORE YOUR ANNNERSARY DATE, A FORMAT NCITTCF OF VIOT ATTON ANT) A BOARD <br />-- nRT)FR TO PAY CTVTT PFNAi TTFS IN THE AMOLJN"I' EQUAL TO THE ANNUAL FEE $550.00 WILL <br />BE AUTOMATTCALT.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 $550.00 fee is due <br />Permit No.: M-1985-022 <br />Operation Name: Bullger Basin Placer <br />Anniversary Date: May 23, 2006 <br />Total Fee Due: $550.00 (Due on or before your Anniversary Date) <br />If your records indicate different facts than those stated above please notify the Division. <br />Please return the enclosed annual report FORM, a MAP, and a CHECK or MONFV ORDER made payable to <br />the Division of Minerals and Geology, 1313 Sherman St., Room 21 S, Denver, Colorado 80203. <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to contact Michelle <br />Ramirez at (303) 866-4060. <br />Office of Office of Colorado <br />Mine~~RNN$Ntal~oCtmtEwrsmt-tr-oz.DOe Active and Inactive Mines Geological Survey <br />