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Umetco Minerals Corporation <br /> P.O. BOX 1029 <br /> GRAND JUNCTION, COLORA00 81502 <br /> 4 (9707 245-3700 <br />June 27, 2003 <br />State of Colorado <br />Division of Minerals and Geology <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />Re: Annual Fee and Reports <br />Enclosed aze the annual reports for the following permits: <br />Maybell Mine M/77/286 / <br />Deremo-Snyder M/77/288 <br />RECEIVED <br />JUL 8 2 ~RQ3 <br />Division d Minerals and Geoloylf <br />The annual fees are enclosed (Check No. 53001935 for $550 x 2 = $1,100). Please <br />advise if you have any questions regazding the enclosures. <br />Sincerely, <br />Curtis O. Sealy, P.E. <br />General Manager <br />COS:ASBaes <br />03-OSl.doc <br />