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cotter <br />March 7, 20111 <br />Division of Reclamation, Mining, and Safety <br />Department of Natural Resources <br />Attn: Mary Rodriguez <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />RECEIVED <br />APR 19 4", ; a <br />Division of Redamaton, <br />dining iii Safety <br />Subj_e-ct __C?CM-2 5 -Min e-Annual-R-epor-t - --- - -- <br />File No. M-1977-307 <br />Dear Ms. Rodriguez: <br />The C-CM-25 Mine located in Montrose County, operates under a 110 <br />permit with a permitted acreage of 7.34 acres. <br />A new map is not enclosed, because no changes have occurred since <br />the last annual report. <br />The sufficiency of the financial warranty for the above captioned <br />permit has been reviewed by DRMS and Cotter Corporation and was <br />found sufficient to cover the reclamation costs associated with <br />this property. <br />The annual fee payment of $518 is enclosed. <br />If you need more information, please call me at 970-864-7347. <br />Sincerely, <br />COTTER CORPORATION <br />Glen Williams <br />Vice President of Mining <br />Enclosures <br />DRMSCM25_1l.doc <br />Cotter Corporation - West Slope Operations Telephone (970) 864-7347 <br />P.O. Box 700, 28151 DD Road, Nucla, CO 81424 USA Fax (970) 864-7287