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Annual Report to DMG RECEI~/Ep <br />Bayfield Pit #1 NOV 15 2002 <br />Permit No. M-1987-038 <br />La Plata County, Colorado Division of Minerals andGeofogy <br />Extent of current disturbances to affected land: <br />No mining activity or disturbance occurred in the reporting period. <br />Reclamation accomplished to date and during the reporting period: <br />" ~ "No change in the current year. - - <br />New disturbances that are anticipated to occur during the coming year: <br />None. <br />Reclamation that will be pertormed during the upcoming year: <br />Partial re-sloping and re-seeding in Phase III, possibly some re-sloping <br />and re-seeding in Phase I; weed control as necessary. <br />Dates for beginning of active operations: <br />N/A <br />Date active operations ceased for the year, if any: <br />NIA <br />Statement regarding the sufficiency of the value of the Financial Warranty: <br />DMG holds a letter of credit financial warranty in the amount of <br />$44,437.00. The amount is sufficient for all reclamation work remaining at <br />the Bayfield #1 Pit. <br />