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v <br />Jan-21-02 06:51P <br />iii iiiiiiiiiiiiiiii <br />~idae MiainB Company Inc. <br />710 North 11~ otreet <br />Gunnieoo, CO 81230 <br />CaotMYhorc (sal)s29-{t7o , Loolrbo.a (97o)6al-zTiz °9Y <br />F.: (sat) srz9-ana ~, <br />January Zl, 2002 0r <br />~, <br />t~~1 ~ 'f ~ ~l~n <br />Mr. Barry A. Tollefson <br />Field Manager <br />Bureau of Land Management <br />216 North Colorado <br />Gunnison, CO 81230 <br />Dear Mr. Tollefson~ Rey COC65918 <br />C0160 <br />P_O1 <br />~ R~eived <br />JAN 22 ?00? <br />G ~+,, !,;' •_'H'a :1a~ mil" J"~ i. ~G~ <br />,v <br />` " D ~. <br />~ ~~ ~~ <br />e y_ <br />This letter is in response to your letter dated January 1'j, 2002. <br />Mining Plan <br />1. Midas Mining Company, Inc. (MMC) has evaluated the ore body <br />as a long term operation. However, the initial plans are <br />for a minimum of 20,000 tons to prove the ore value and to <br />complete the feasibility of this plan. The success of this <br />plan will depend on ore value, market conditions and the <br />overall economy. If values prove out, then a long term <br />operation would be in order. The ore volume per year should <br />remain the same. <br />2. MMC estimates mining starts in May or June and operating <br />through October or November weather permitting. <br />3. MMC will use double axel dump trucks with lined beds. The <br />trucks should peak at $ loads per day on Henson Creek Road. <br />4. MMC will secure portal with gate between fall shut down and <br />May or June start u~. The powder house will be on wheels <br />and no explosives wlll be left at mine site during winter <br />closing. The one permitted access road is gated and will <br />be closed and locked during shut down. <br />$. Fuel and oil will be stored on site in a highway approved <br />fuel truck and dispensed directly from truck to machinery. <br />All mining equipment on site will be portable and on high- <br />way wheels. <br />waytle R Chary. liaidmt <br />I.a Charles, I~fine 9apviopmdmt <br />