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<br />RCSOIJRCC3 <br />June 8, 2009 <br />Division of Reclamation, Mining and Safety <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, CO 80203 <br />Re: M-1990-057 Annual Report <br />Dear Ms. Rodriguez, <br />From the desk of: <br />Thomas'.). Hendricks <br />Caribou, Office <br />The Annual Report for mine permit M-1990-057 is enclosed, as well as a check: for $259.00. No <br />new disturbances or reclamation activities have occurred in the past 12 months, and no new map <br />is required. <br />The Division of Reclamation, Mining and Safety approved the Transfer of Permit M-1990-057 <br />from Capital Gold Corp. to Calais Resources Colorado, Inc. on April 6, 2009. This annual report <br />addresses the period from June 18, 2008 to June 18, 2009, regardless of the permit holder. <br />If you have additional questions or need additional information, please contact Mr. Michael <br />Elder at melder s,unionmilling com or 303-638-2573. <br />Sincerely, <br />c <br />was S. Hendficks <br />President <br />Calais Resources Colorado, Inc. <br />Calais Resources, Inc <br />PO Box 653 Nederland, CO 80466-0653 <br />Phone: (303) 258 - 3806 Fax: (303) 258 - 0402 <br />Website: Calaisresources.com <br />Page 1