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Peak Project Management, LLC <br />34115 Cowl Road 20.8 Trinidad, CO 87082 <br />Telephone: (719) 8464975 Fa~c (719) 846-4930 CeU:1719) 859-0'111 <br />July 8, 2007 <br />Mr. Kent Gorham <br />Colorado Division of Minerals & Geology <br />1313 Sherman Street, Room 215 <br />Denver, Colorado 80203 <br />\`~~O <br />1 <br />.,~ <br />O`,`y~``~pa <br />Re: I.orencito Canyon Mine <br />Annual Sediment Pond hLSpection Reports <br />Dear Mr. Gorham: <br />Enclosed are copies of the annual 2007 Sedimentation Pond Inspections to comply with <br />Rule 4.05.9(15). <br />Please contact me if you have any questions. <br />Sincerely, <br />;~ <br />n~ ~- <br />