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(719) 275 -4275 • 315 N. 7TH STREET • CANON CITY, CO 81212 <br />November 16, 2011 <br />Mr. Tony Waldron <br />Division of Reclamation, Mining & Safety <br />1313 Sherman Street, Suite 215 <br />Denver, Colorado 80203 -2273 <br />Dear Mr. Waldron: <br />Re: Pinon Mine, Annual Report <br />MLRB Permit No. M- 1997 -094, <br />Anniversary Date : 11/20/11 <br />The effective date of all information contained on the <br />attached Annual Report is November 14, 2011. The Annual Report <br />Form, and a check for $323.00 is attached to cover the annual <br />fee. Please refer to the 2009 Annual Report Map for locations of <br />areas discussed on the attached report. The return receipt will <br />serve as proof the report was delivered to the Division of <br />Reclamation, Mining & Safety. <br />If you have any questions please call me at the above number <br />or Steve O'Brian at Environment, Inc., (303) 423 -7297. <br />Respectfully Submitted, <br />Siloam Stone, Inc. <br />Matt Mueller <br />cc Environment, Inc. <br />file <br />enclosure <br />info @siloamstone.com www.siloamstone.com <br />