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4e0,000,00 <br />I` <br />OXBOW MINING, LLC <br />3737 Hwy 133 P.O. Box 535 Somerset, Colorado 81434 USA Tel (970)929-5122 Fax <br />(970)929-5177 <br />February 13, 2009 <br />Mr. Jason Musick <br />Environmental Protection Specialist <br />Colorado Division of Reclamation, Mining and Safety FEg 2 3 2009 <br />1313 Sherman Street, Room 215 <br />?? <br />Denver, Colorado 80203 g and safety <br />dining <br />Re: NOI X-2008-223-09, Exploration Proiect Update, Oxbow Mining, LLC. <br />Dear Mr. Musick, <br />The purpose of this letter is to provide an update to the subject 2008 NOI. This information will <br />also serve as a 180 Day Report. 2008 was a productive and successful drilling year as all but <br />three proposed boreholes were drilled and all temporary roads and sites reclaimed. <br />Light use roads and sites ECM-08-47, 48, 49, 50, 51, 52, 53, 54, 55, 56 and 57 were drilled, <br />plugged, the sites regraded and seeded. A borehole completion report is attached for each of the <br />sites. The approved BLM mix was used on BLM surface and the Table 3 mix was used on <br />Oxbow surface. Both mixes can be found in the Oxbow PAP C-1981-022. <br />ECM-08-58, 59, and 60 were not drilled. It is unlikely they will be drilled in the future. <br />Please refer to the attached NOI-X-2008-223-98 map for the location of these sites. Please <br />contact me at 970-929-5806 if you have any questions or comments concerning this information. <br />Sincerely, <br />1'??' <br />I 011" <br />J es A. Kiger <br />Environmental Manager <br />Attachments <br />xc: Jim Cooper, OMLLC <br />files <br />0 Page 1