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1, <br />PIONEER <br />SAND COMPANY INC. <br />April 10, 2002 <br />State Of Colorado <br />Division of Minerals & Geology <br />Department of Natural Resources <br />1313 Sherman St, Rm 215 <br />Denver, CO 80203 <br />RE: Leyden Pit <br />Annual Report M-1983-139 <br />RECEIo1E® <br />aPR ~ 7 zoaz <br />Division of Minerals and Geology <br />1. Mining and Reclamation Activity - 2001 (Revised Map Enclosed) <br />Mining -Approximately 11 acres mined and graded for reclamation <br />2. Financial Warranty -Financial warranty is in the form of a bond. Reclamation is <br />proceeding as planned and with warranty being sufficient. <br />3. Mining Activity -Forecast for the Year 2001 <br />Mining -Approximately 5 acres <br />Reclaiming -Approximately 5 acres <br />G <br />Pioneer hand C pany, Inc. <br />%~o~ ~ <br />Date <br />P.O. Box 7650 • Colorado Springs, Colorado 80933-7650 • (719) 599.8700 <br />