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LeadviUe Mining and Milling Corp. J. Scott Hazliu <br /> P.O. Bo:552 Leadville,CO 80461 (719)486-3000 <br /> Imminchaffee.net <br /> ANNUAL REPORT <br /> PERMITTEE NAME: Leadville Mining and Milling Corp. RECEIVED <br /> PERMIT NO.: M-90-057 JUN 18 2001 <br /> OPERATION NAME: Hopemore& Leadville <br /> ANNIVERSARY DATE: June 18, 2000 Division of Minerals and Geology <br /> ANNUAL FEE: $225.00 <br /> COUNTY: Lake <br /> Hopemore Mine <br /> During the permit year Leadville Mining and Milling Corp. conducted underground <br /> exploratory core drilling, drift rehabilitation, drift development, and surface reverse- <br /> circulation exploratory drilling. Approximately 1,200 tons of material was added to the <br /> surface rock stockpile. <br /> Beyond what has been reported in previous years, the surface reverse-circulation drilling <br /> program is the only addition surface disturbance to occur. A diagram of our prospecting <br /> area is attached with this report. Prospecting permits and bonds (certificates of deposits) <br /> were in place prior to drilling. A total of 34 surface holes were drilled. An off road <br /> buggy drill was used to minimize surface disturbance. Drill hole depths varied from less <br /> than 400 feet to 800 feet. Surface drill locations were reclaimed, and proof will be <br /> submitted for approval when conditions permit. <br /> Future activity at the mine for the upcoming permit year includes only maintenance <br /> underground and additional surface drilling. <br /> Mill Site <br /> The mill has been inactive since January of 2000. Temporary stockpiles were re-graded <br /> to shed rainfall and snow melt during the year. The site was used for lab test work, and <br /> storage throughout the year. <br /> Cleanup work on the property will continue this summer. <br /> If you have any questions please call me at 719-486-3000. <br /> Sincerely yours, <br /> Scott Hazlitt, <br /> Mine Manager <br /> CAMy Doauneres\Cola do Permit work\Annoal fee rgw,Ldo <br />