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June 12, 2006 <br />JUN 15 ~~ <br />Division o1 Mineola and GaologY <br />J. Pat & Lila N. Greer <br />M-1985-115 <br />Greer Pit <br />Anniversary Date 6-25-06 <br />- ---- -This-is-a-report-of-activities-of-=The-Greer Pit €or-the-year-of <br />6-25-OS to 6-25-06. <br />Hauling from pit for most of the year. <br />Stripping an area of the pit. <br />Crushing in the fall of 2006. <br />The area of the pit that has been worked is approx. 6.7 acres. <br />No reclamation was performed this period. <br />No seeding has been performed this period. <br />I don't feel we will be performing any reclamation or seeding in the coming <br />year. <br />Active operation will be crushing and hauling in the next year. <br />The financial warranty is now four bonds totaling $9500.00, with the Vectra <br />Bank of Durango, Co. <br />The first three bonds $5,000, $1,000, and $1,000 were issued to J. Pat and/or <br />Lila Greer assigned to the state of Colorado MLRB POPA 0100 4005101 <br />1313 Sherman St. #225 Denver, CO <br />The Fourth bond dated 3-31-03 is $2,500, made out to: Assigned to State of <br />--- Colorado 1313-SheimaTi~St:R1vi:215 Denver; CO PDITA~#0100~0 4003I'61- - <br />Beneficiary J. Pat and/or Lila N. Greer <br />If you have any questions or need more information, call me at 970-588- <br />3325. <br />~~~~-c~~zzlric <br />J. Pat Greer, Owner <br />