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Colorado Division of Minerals and Geology <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />RE: Annual Permit Report <br />M-2006-046 <br />Grand River Park Project <br />Mining continued this past year along the east edge of the property boundary progressively mining <br />towards the southeast end of phase 1(b). Within phase 1(b) we have currently mined 428,365 tons of <br />pit run which we have hauled to our processing plant for crushing. <br />The 27,846 cubic yards of topsoil that was placed at the southeastern corner of phase 1(b) was moved <br />and placed on all the mined slopes for immediate spring seeding and reclamation uses. <br />"Financial Warranty " is in place. (Copy attached) <br />All corners are marked with appropriate interval signs still in place. <br />Respectfully submitted, <br />William M. Roberts <br />President <br />0304 Hwy. 133 • Carbondale, CO 81623