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~~ <br />~~ <br />PIONEER <br />Sand Company, Inc. <br />February 14, 2006 <br />Annual Report <br />M-1993-050 <br />Dellacroce Pit <br />1. Phase 5 mining has been completed. <br />2. Phase 3 Visual Buffer will be completed in the spring of 2006. <br />3. Phases 5 and 6 have been topsoiled. <br />4. -The rest of Phase 1-6 except for the stockpiles will be seeded in <br />the spring of 2006, before starting Phase 7. <br />P.O. Box 7650~Colorado Springs, Colorado 80933-76501(719)599-8100 <br />