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bm l~ `~/Ye s~Dn s~ <br />~ECEIi/ED <br />,~NIAY 0 4 2006 <br />2920 Cedar Heights Drive <br />Colorado Springs, CO 80904 / <br />(719) 685-4479 +' Division of Minerals and GeoloBY <br />e-mail glacier@fiii.com <br />Mr. Berhan Keffelew <br />Division of Minerals and Geology <br />Department of Natural Resources <br />1313 Sherman Street, Room 215 <br />Denver, CO 80203 <br />(303) 866-3567 <br />Re: Glacier Peak Mining, Permit No. M-2003-030 Mined Lands Reclamation Permit <br />Application, Amendment Adequacy review <br />Dear Mr. Keffelew <br />3 May 2006 <br />I have reviewed your adequacy review of our 110 amendment application and the <br />estimated financial warranty requirements. <br />I accept the findings and recommendation and will post a warranty bond in amount of <br />$20,657 as determined, to cover the Glacier Peak operations as outlined in our permit <br />amendment. <br />Thank you, <br />~ -/ <br />JOSEPH L. DORRIS <br />AM~'~ <br />Owner/Operator Glacier Peak Mining <br />