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Date <br />PERMITTEE NAME: Battle Mountain Resources, Inc. <br />PERMIT NO.: M -1988 -112 <br />OPERATION NAME: <br />San Luis Project <br />ANNIVERSARY DATE: March 23, 2012 <br />ANNUAL FEE DUE: $$1,150.00 (Due on or before your anniversary date) <br />COUNTY: Costilla <br />According to C.R.S. 34- 32.5 -116 or C.R.S. 34 -32 -116, each year, on the anniversary date of the permit, an <br />operator shall submit the annual fee, a report and map showing the extent of current disturbances to affected <br />land, reclamation accomplished to date and during the preceding year, new disturbances that are anticipated to <br />occur during the upcoming year, reclamation that will be performed during the coming year, the dates for the <br />beginning of active operations, and the date active operations ceased for the year, if any. <br />Please attach our revised written annual re . ort and annual re s ort ma . to this form. The Annual <br />Report & Fee requirement is not met until we have received the following components: fee re ort and <br />associated ma If no new disturbances or reclamation have occurred durin p <br />new chan . es to the revious ear's ma are necessa then no new ma 1 is re i uired a rovided that the no <br />Operator shall state this in the Annual Report Please note that an adequately labeled map that clearly <br />delineates and includes the above elements may suffice for a written report. <br />Division records indicate the following permittee contact information. Please verify and make any necessary <br />changes: <br />Permittee Contact: William Lyle <br />Permittee Name: Battle Mountain Resources, Inc. <br />Address: P.O. Box 310 <br />Phone Number: <br />Fax Number: <br />M 1PERMIT\MASTERDOCUMENTS/M -AF -02 DOC <br />San Luis, CO 81152-0310 <br />(719) 379 -0798 <br />(719) 379 -0713 <br />Signature of Corporate Officer, Owner, or Designee <br />ANNUAL FEE and REPORT RE VEST <br />If you have additional comments and /or information that should be provided to the Division, please provide it <br />below or attach it to this form along with your written report and map. Annual Report instructions are <br />enclosed. <br />