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<br />L J DEVELOPMENT, INC. <br />159 TIFFANY CT. PUEBLO, CO 81005 <br /> <br /> <br />September 6, 2005 <br />Division of Minerals and Geology <br />1313 Sherman Street, RM 215 <br />Denver, CO 80203 <br />RE: ANNUAL REPORT <br />PERMIT NO.: M-2000-110 <br />OPERATION NAME: NORTH FARM ROAD GRAVEL PIT <br />ANNIVERSARY DATE: SEPTEMBER 17, 2005 <br />TOTAL FEES: $ 688.00 <br />Gentlemen: <br />R~~~~~~9J~) <br />SEP 1 3 2005 <br />Division of Minerals and Geology <br />Attached is a check in the amount of $ 688.00 for the Annual Report Fees, as well as.the updated <br />map showing the activity this past year. This mine has not been mined the past yeaz and no <br />processing is taking place. Mining will most likely start later this year or spring of 2006. <br />depending upon mazket demand. <br />This is a long term pit and it will be in production and reclamation for the life of the mine. This <br />is an active pit. Please see map for other details. <br />Sincerely, <br />.~ <br />Joe Gaghano <br />Consultant <br />oc: Bassi <br />PHONE (719) 240-9424 <br />FAX (719) 583-0768 <br />