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May 19, 2009 <br />RE: 2008 ANNUAL REPORT FOR PERMIT # M-2006-075 <br />The Overlook Mine is an operation that covers approximately 32-acres. The reserve is a sand and <br />gravel deposit and it is estimated that 4 million tons are present. The mine will continue from its <br />present location downward and outward towards the. flanks of the hill. The hill will be mined <br />down to the adjacent grade and will eventually become a residential development site. <br />In 2008, operations mined approximately 4,250 tons of raw material. As in 2007, mining <br />operations primarily occurred at the north end of the pit, where front-end loaders were used for <br />excavation of sand and gravel. Conveyer belts were used to transport materials into piles for <br />screening and crushing at the south portion of the pit. Haul trucks arrived into the pit on the west <br />side and departed on the east side of the pit. As trucks exited the pit, they were weighed at an <br />unmanned electric scale. <br />GRANBY RANCH * SOLVISTA BASIN * HEADWATERS GOLF COURSE <br />OFFICIAL HEADQUARTERS OF THE GREAT OUTDOORS <br />------------- ---------- ------------------ --------------- ------------------------------------------ --------------------------------------------- <br />PO Bar NO Giiun6,a. Cc&wdo 80446 Phone 970-887-5175 Am- 970-887-049? wurwGaan6yRaiu/d.com