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<br />Azurite, Inc. <br />10001 CR 12 P.O. Box 338 <br />Cotopaxi, Colorado 81223 <br />719-942-4178 <br />December 17, 2001 <br />State of Colorado <br />Division of Minerals and Geology <br />1313 Sherman Street Room 215 <br />Denver, CO 80203 <br />Attention: Annual Reports Clerk <br />RE: ANNUAL REPORT M- 1990-138, FREMONT COUNTY, STIRRUP PIT <br />Condition of the operation during 2001 ................................................. Active <br />Production during the past twelve months ...............................................4,486 Tons <br />Acres of disturbed land during 2000-2001 ............................................... 3.5 <br />Acres reclaimed during 2000-2001 .......................................................0 <br />Plans for 2001-2042 .................................Pit will remain in active status during 2001 <br />Type of Warranty on Reclamation Bond .........................................Performance Warranty <br />Contact: Curtis Stone, District 3 Supervisor <br />30379 County Road 2 <br />Canon City, CO 81212 <br />719-275-3198 <br />Signed ~.a.,~ S~~ <br />Kenneth S. Klco <br />