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STATE OF COLORA~O <br />/GISION OF RECLAMATION, MINING AND SAFETY <br />Umetco Minerals Corporation <br />2754 Compass Dr., Ste. 280 <br />Grand Junction, CO 81506 <br />epartment of Natural Resources ~~^ ~ A~ ®~ <br />A <br /> <br />S <br />R <br />215 <br />Sh ~ <br />erman <br />t., <br />oom <br />1313 <br />Denver, Colorado 80203 <br /> <br />Phone: (303) 866-3567 ~'+U~ 1 V <br />u n ZQQ~ <br />FAX: (303) 832-8106 L DIV151t. <br /> . _ ,,,_.,,, <br />~in:rg and Safety <br />August 2, 2007 <br />PLEASE READ CAREFULLY <br />RECEIVED <br />AUG 6 2007 <br />BY: <br />COLORADO <br />DIVISION OF <br />RECLAMATION <br />MINING <br />SA FETY <br />Bill Ritter, Jr. <br />Governor <br />ANNUAL FEE BALANCE ~ ~~ <br />Harris D. Sherman <br />Executive Director <br />Ronald W. Cattany <br />Division Director <br />Natural Resource Trustee <br />Under the terms of your Reclamation Permit and Colorado Statutes, you must submit Annual <br />Fees and Annual Reports. The Division has received your annual fee and report. Please be <br />advised that due to the annual fee increase that went into effect July 1, 2007 you have a remaining <br />balance due. The Division is awaze that you have complied with and sent the fee stated on your <br />annual fee and report request letter, but a balance of $ 83.00 is still needed. Please pay remaining <br />balance by close of business on August 31, 2007. The Division apologizes for the inconvenience <br />and thanks you for your understanding. <br />PLEASE NOTE: If the remaining annual fee balance is not received on or by August 31, 2007, <br />a formal notice of violation and a boazd order to pay civil penalfies in the amount equal to the <br />annual fee will be automatically assessed. No permits for the new mining operations shall be <br />granted to any operator who is currently found to be in violation in this state (C.R.S. 34-32.5-120 <br />OR C.R.S. 34-32-120) until the violation is abated. <br />Division records indicate $ 83.00 fee is due. The Division has received a total of $ 6,~8-00!S~ <br />Permit No.: 977-288 <br />Operation Name: Deremo-Snyder <br />Total Fee Due: $ 83.00 (Due on or before August 31, 2007) <br />If your records indicate different facts than those stated above please notify the Division. <br />Please send a CHECK or MONEY ORDER made payable to the Division of Reclamation, <br />Mining and Safety, 1313 Sherman St., Room 215, Denver, Colorado 80203. <br />Thank you for your cooperation in this matter. If you have any questions, please feel free to <br />contact Jim Dupler at (303) 866-6277. Enclosed is a copy of the new annual fee schedule. <br />enclosure <br />Office of Office of <br />Mined Land Reclamation Denver t Grind Junction Durango Active and Inactive Mines <br />