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A Kinross company <br />F.O. BOX 177 <br />Silverton, CO, USA 81433 <br />phone: (208) 583-2511, ext. 231 <br />fax: (208) 583-2516 <br />June 3, 2011 <br />Ms. Mary Rodriquez <br />Division of Reclamation, Mining and Safety <br />Department of Natural Resources <br />1313 Sherman St., Room 215 <br />Denver, Colorado 80203 <br />RE: MLR Annual Report -File No. M-1977-378 <br />Dear Ms. Rodriquez: <br />Included in this packet is the following; <br />• Signed Annual Report Form <br />• Copy of pertinent sections of the Annual Report for Scotia Bank as evidence the Irrevocable <br />Letter of Credit 95506/80085 held for reclamation bond does not exceed ten percent (10%) of <br />the bank's capital surplus accounts. The complete annual report can be viewed on their <br />website. <br />• Annual report. No maps are included with the report since no additional acreage was <br />disturbed or added into the reclamation status category. All disturbed areas are in the <br />monitoring and maintenance stage after completion of reclamation. This is also noted in the <br />attached report. <br />• Annual Fee check for $633.00 <br />Please contact me if any additional information is needed to satisfy the annual reporting <br />requirements for MLR Permit No. M-1977-378 or if there are any questions on this submittal. I <br />can be reached at 208-583-2511 x231 or by email at Larry.Perinokkinross.com. <br />Sincerely, <br />Larry Perino <br />Reclamation Manager