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~~ <br />Eryviroryrgeqt, Iqc. <br />LARRY E. O'BRIAN <br />POUNDER <br />~f ~ ~~r <br />November 29, 2007 <br />Mr. Steve Shuey <br />Grand Junction Field Office <br />Division of Minerals and Geology <br />1313 Sherman Street, Suite 215 <br />DenvE~r, Colorado 80203-2273 <br />Dear Mr. Shuey: <br />Re: Flag Resources, Inc <br />S~s 5 <br />7985 VANCE DRIVE, SUITE 205A <br />ARVADA, COLORADO 80003 <br />303-423-7297 <br />FAX 303-423-7599 <br />Please find attached copies of the annual reports and maps for <br />Flag Resources, Ines: <br />Goldman Pit - Anniversary Date 11/22/2007 <br />MLRB Permit No. M-78-279, <br />and <br />Silt Pit - Anniversary Date 11/27/2007 <br />MLRB Permit No. /Ivl-81-202~`G <br />The effective date of all information contained on the <br />attached Annual Reports is November 19, 2007. Check number 16744 <br />from Flag Resources, Inc. contained the annual fees of $323.00 for <br />Goldman and $791.00 for the Silt Pit. If you have any questions <br />please call me. <br />Respectfully Submitted, <br />Environment, Inc. <br />Stevan L. O'Brian <br />President <br />enclosure <br />cc File <br />Flag Resources, Inc. <br />RECEIVED <br />~V 3 0 2007 <br />~uivis~o~, of ~ .~aamation, <br />Mining and Safety <br />