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<br />May 5, 2008 <br />Division of Reclamation, Mining and Safety <br />Department of Natural Resources <br />Attn: Jim Dupler <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />Subject: Mineral Joe Claims Annual Report <br />File No. M-1977-284 <br />Dear Mr. Dupler: <br />The Mineral Joe Claims are located in Montrose County and operate <br />under a 110 permit with a permitted acreage of 9.5 acres. This <br />mine does not have a phased reclamation plan. <br />A new map is not enclosed, because no changes have occurred since <br />the last annual report. <br />The financial warranty has been reviewed by D.M.G. and Cotter <br />Corporation and was found sufficient to cover the reclamation costs <br />associated with this property. <br />Enclosed please find a check in the amount of $259.00 as payment <br />for the annual fee. If you need additional information, please <br />call me at 970-864-7347. <br />Sincerely, <br />COTTER CORPORATION <br />~~ ~~ /.~~ <br />G~--~j <br />Glen Williams <br />Manager of Mining <br />DBMS mineral joe.doc <br />Cotter Corporation -West Slope Operations Telephone (970) 864-7347 <br />P.O. Box 700, 28151 DD Road, Nucla, CO 81424 USA Fax (970) 864-7287 <br />