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cotter <br />September 12, 2011 <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 />Subject: SM -18 Mine Annual Report <br />File No. M -78 -116 <br />Dear Ms. Rodriguez: <br />Enclosed please find a check in the amount of $1150.00 as payment <br />of the annual fee, and the completed annual report form. <br />A new map is not enclosed because no changes have occurred at the <br />site since the last annual report. <br />This mine is currently not being mined, and is classified as an <br />intermittent operation. <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 />DRMS SM18_11.doc <br />Cotter Corporation - West Slope Operations <br />P.O. Box 700, 28151 DD Road, Nucla, CO 81424 USA <br />Telephone (970) 864 -7347 <br />Fax (970) 864 -7287 <br />