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III IIII111111111111 • STATE 0 COLORADO <br /> DNIStON MINERALS AND GEOLOGY <br /> Department of <br /> of Natural Resources <br /> 1313 Sherman Room 215 <br /> Denver,Colorado 80203 <br /> Phone:(303)866-6-3567 <br /> FAX:(303)832.8106 <br /> DEPARTMENT OF <br /> December 07, 1998 RESOURCESNATURAL <br /> Roy Romer <br /> Governor <br /> lames S.Lochhead <br /> Grand Mesa Mining Corp. ENecollve Director <br /> C/O Butler, Fitzgerald & Potter Michael B.Long <br /> Dwision Director <br /> 1155 Avenue of the Americas 28th Floor <br /> New York, NY 10036 <br /> FINAL NOTICE <br /> Please be advised that according to records of the Division of Minerals and Geology the following annual <br /> fee(s) and report(s) are past due. <br /> The Division MUST RECEIVE ALL FEES DUE NO LATER THAN 4 P.M. ON December 21, 1998 (IF <br /> THIS DATE FALLS ON A WEEKEND OR STATE RECOGNIZED HOLIDAY YOUR jUNNUAL FEE <br /> WILL BE DUE ON THE NEXT REGULAR BUSINESS DAY), or a Notice of Violation, Cease and <br /> Desist Order from ALL mining related activities, Civil Penalties equal to the amount of the annual fee(s) <br /> due, and a Notice of Formal Public Hearing before the Mined Land Reclamation Board for consideration <br /> of possible permit revocation and financial warranty forfeiture will be issued for each account. <br /> Please be aware that no permits for new mining operations shall be granted to any operator who is currently <br /> found to be in violation in this state (C.R.S. 34-32-120). <br /> Mine Name Permit Number Anniversary Date Annual Fee Due <br /> Pickett Corral Mine M-77-438 11/01/98 $225.00 <br /> If your records indicate different facts than those stated above please inform the Division no later than (or <br /> the next regular business day). If you receive this notice and you have mailed your payment to the <br /> Division, please disregard this notice. The Division appreciates your prompt attention in this matter. <br /> Any questions concerning your annual report or fees, may be directed to Petrina Morgan at (303) 866-3567, <br /> Make checks payable to the Division of Minerals and Geology. <br /> A11UF'NFILNIASTCNIMI AILii] <br /> 1 <br />