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Annual Report <br />November 2004 <br />Permit Number M-85-165 Type 110, known as Winter Ranch Pit, located as part of <br />the E'/< ofNE''/4-NE'/< SE Y4, section 6, T32, R63W of the 6`h PM in Las Animas <br />County, Co. established in 1985 and granted and intermittent pit status on November 14, <br />1990. <br />During the year of 2003, a contract was signed for mining in August of 2003, <br />During the year of 2004, the pit has been mined periodically and has been proposed <br />For 2005 to be mined if needed by contractor. <br />Pit will remain operational in the year 2005 <br />Enclosed, please find check in the amount of $281.00 <br />Sincere] ~AV~'(/ P _ <br />a~~Winter. •~`v~i`-~ <br />