Ruby Valley and Pilot Mountain

Under the Company’s P3 Division we are cleaning up several abandoned mines in the Ruby Valley and Pilot Mountain areas of northern Nevada. The sites are located in both Shoshone Tribal areas as well as federal lands. We are re-mediating all toxic soils, restoring creeks, ponds and lakes to their natural state and building several upgraded roads for the Tribes access in the area for commerce, hunting and fishing. The $450 million contract is being performed under an agreement with the Nevada Bureau of Mines; the EPA; the Department of the Interior; the BLM and the Tribe. The contract has a 16 month time frame in which all the sites will be available for future development for the Shoshone people.