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~~ <br />PIONEER <br />SAND COMPANY INC. <br />Apri122, 2003 <br />State of Colorado <br />Division of Minerals & Geology <br />Department of Natural Resources <br />1313 Sherman St., Room # 215 <br />Denver, CO 80203 <br />Ref Leyden Pit <br />Annual Report M-1983-139 <br />RECEIVED <br />APR 2 4 2003 <br />Division ~i Minerals and Gealasy <br />1. Mining and Reclamation Activity - 2002 - 2003 (Revised Map Enclosed) <br />Mining -Approximately 9 acres mined and graded for reclamation. <br />2. Financial Warranty -Financial warranty is in the form of a bond. Reclamation is <br />poceedmg as planned and with warranty being sufficient. <br />3. Minim Activity - Forecast for the Year 2003 <br />Mining -Approximately 5 acres <br />Reclaiming -Approximately 5 acres <br />~~. <br />Piorleer Sand' ompany~ . <br />%/2/3 <br />Date <br />P.O. Box 7650 • Colorado Springs, Colorado 80933-7650 • (719) 599-8100 <br />