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Letter of Intent <br />Wednesday, April 14, 2010 <br />To whom it may concern: <br />This letter is to show that John D. Stephenson, 3316 CR. 307, Durango CO has entered into an <br />agreement with Patrick L. Cugnini, 677 3?d Ave. Durango, CO to allow an extension of the Permit <br />Boundary, Four Corners Material Inc. , Cugnini Pit,on to the following property. <br />Legal description of said property: <br />The-Northeast Quarter of the Northwest Quarter (NE1/4 NW1/4) of section 35, Township 34 North <br />Range '9 West, N.M.P.M., La Plata County, Colorado. <br />Boundary of work area beginning at the Northwest property corner @ W 1/16, approximately 700ft to <br />the East, 700ft to the Southwest, 400ft to the Northwest, 330ft to the North for a total of 6.27 acres. <br />Purpose of agreement is to allow mining of gravel and subsequent reclamation within approximate <br />boundary set forth above. Permission to enter and work to proceed is hereby granted. <br /> <br />John D. Stephenson <br />Y1 alarm y <br />L O <br />E?