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REG~t~~A~~ <br />G"y'i: <br />PeRQ~~'2 <br />py~~ ~\ MtpB~a\s end Ge°1o9V <br />March 31, 2004 <br />Mr. Kent Gorham <br />Division of Minerals and Geology <br />213 Centennial Building <br />1313 Sherman Street <br />Denver, CO 80203-2273 <br />Peak Project Management, LLC <br />34115 County Road 20.8 <br />Trinidad, CO 81082 <br />Telephone/Fax: (719) 846-4975 <br />Cell: (719) 859-0111 <br />e-mail: ronthompsonQsensonics.org <br />Re: New Elk Mine Permit No.: C-81-012 <br />Dear Mr. Gorham: <br />By this letter. Picketwire Processing, LLC. hereby submits two (2) copies of the 2003 <br />Annual Hdrology Report for the New Glk Mine. This report includes data collected <br />thoughout the year for surface and ground water monitoring stations. <br />If you have any questions or need addilioual information concerning this report, please <br />let me know. <br />SinperelyG~ <br />ac <br />Ron Thompson <br />