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IIIIIIIIIIIIIIIIIII • Flag Resources, Inc. • <br />999 1412 County Road 371 <br />' New Castle, CO 81641 <br />(303) 876-2397 RE ~ E I VE D <br />NOV~2 8 1994 <br />November 23 , 1994 Division of Minerals & Ueology <br />Mrs. Barbara Chiappone <br />Division of Minerals and Geology <br />1313 Sherman Street, Suite 215 <br />Denver, Colorado 80203-2273 <br />Dear Mrs. Chiappone: <br />Re: Annual Report, Albert Frei and Sons, Inc. <br />Silt Pit, MLRB Permit No. M-81-202 $(T <br />Our files indicate that the anniversary date for this permit <br />is November 27, 1994. Flag completed a succession of operator and <br />posted a new bond on February 25, 1994 to assume permit responsi- <br />bilities from Albert Frei and Sons, Inc.. We continued to mine in <br />Stage 1 this year and completed mining on another small area that <br />was disturbed in past years. This pit HAS NOT been granted a <br />Temporary Cessation and it HAS operated more than 180 days this <br />year. The Financial Warranty for this operation was revised <br />earlier this year to be $79,800, the permitted area is 170.70 ac. <br />± and the pit is divided into 5 Reclamation Phases) As required in <br />Rule 3.1.12 a sign has been installed at the entiance to the pit <br />and the boundary has been outlined to delineate the affected lands. <br />Please refer to the 1992-93 Annual Report Map, attached, for <br />locations of the areas discussed in this text.) We will deal <br />specifically with the Annual Report requirements outlined in Rule <br />1.15 ~ <br />(1) <br />Mining continued in the Stage 1 on area disturbed in previous <br />years. Stage 5 is still used as processing plant site and contains <br />gravel stockpiles, concrete casting beds and the office facilities. <br />Mining continued on 4.07 acres ± on the western side of the <br />property on an area previously disturbed (pink) and we continued to <br />I <br />O~ 1~ <br />V <br />Q~ <br />