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Annual Report for the McNulry Cinder Pit <br />Permit # M-1980-003 Eagle County <br />During the 2005 calendar year approximately 500 cubic yards of <br />material were sold from existing stock piles at the pit, which was <br />closed by mid November. There was no excavation or disturbance <br />to the remaining resource during the year. <br />For the upcoming year, 2006, we hope to sell at least 2500 cubic <br />yards of cinder; and depending on weather conditions, operations <br />should commence by April. We are planning on excavation <br />proceeding in a NNE direction of the existing face for the red <br />colored material and in a north westerly direction for the gray. <br />Quarter Circle 8 LLLP, Sarah McNulty (owner) <br />12/ 18/2005 <br />