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WRIGHT ~ ADGER, LLP <br />Gary A. Wright <br />gaw@wrightadger.com <br />715 West Main Street, Suite 201 <br />Aspen, Colorado 81611 <br />Telephone: (970) 925-5625 <br />Facsimile: (970) 925-5663 <br />http://wrightadger.lawoffice.com <br />Ms. Glenda Williams, Office Manager <br />Division of Minerals and Geology <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />Re: Annual Fee -Smuggler Mine, File No. M-1995-097 <br />Dear Ms. Williams, <br />Division of Minerals and Geology <br />I am writing in reply to your letter dated April 14, 2003. I apologize for the situation <br />regarding the annual fee for the above referenced mine and permit. I am both the attorney for and <br />joint owner of Wright &Preusch Mining, Ltd., the entity which currently owns the Smuggler Mine <br />and is the holder of the above referenced permit. <br />Wright &Preusch has previously executed a deed that is currently in escrow to transfer title <br />to the Smuggler Mine to a new owner, the New Smuggler Mine Corporation. I was Informed that <br />New Smuggler would be responsible for transfer of the permit, new bond and the 2003 annual fee <br />and permit filing. Obviously, they did not attend to this matter in a timely manner. <br />Consequently, I have enclosed the annual fee of $225.00 and the annual report to keep this <br />permit in compliance. I thank you for your cooperation and I thank you for your opportunity to allow <br />Wright &Preusch Mining, Ltd. to correct this oversight. <br />Sincerely, <br />By: <br />cc: Chris Preusch <br />Enclosure <br />G.\ W &P-LTD\ W ilGams30 L wpd <br />WRIGHT & ADGER, LLP <br />V <br />Gary A. Wright <br />8 May 2003 RECEi VED <br />MAY 1 2 2003 <br />OFFICES LOCATED IN ASPEN, BASALT, AND DENVER, COLORADO <br />