Greetings!

The Cripple Creek & Victor Gold Mining (CC&V) Company appreciates your interest in our mining operations which are performed responsibly by over 565 dedicated employees. Today, we would like to share a recent success story from one of those employees, but as you will see, an important part of this narrative is team work.

She smiles, and a twinkle comes to her eye, as Shannon Reyes talks about her three sons: Damian, age 9, who is into sports and loves animals; Dylan, age 7, who can put a smile on anyone's face; and Devon, age 6, who wants to fix everything - even if it's not broken!

Shannon, Devon, Dylan & Damian, pose on a CAT 793 Haul Truck

These boys are the primary reason why Shannon performs the important, highly skilled, and unique job she has. Other reasons include: She feels like her co-workers are her second family - "We care about each other. We watch out for each other." She acknowledges that she has a rewarding job; plus she enjoys coming to work every day - "It's like playing in a big sandbox!"

But Shannon knows this isn't play, because she trains people for a serious business.

After returning from Bagdad, Arizona, Shannon is raising her boys where she grew up - the Pikes Peak Region. What was she doing in Bagdad? She was mining copper and molybdenum. Shannon spent three years operating haul trucks for Freeport-McMoRan before returning home and joining CC&V. Within 5 months of working for CC&V, she was designated as a field trainer, and for the last year-and-a-half she has performed as CC&V's Haul Truck Training Coordinator. CC&V operates 24, state of the art, high-tech Caterpillar (CAT) 793 Haul Trucks. Each truck is 27' wide, 22' tall and 43' long, and has the capability of moving over 250 tons of mined material per load.

CAT 793 Haul Truck

After the mining operations have been publicly permitted, including approved and bonded reclamation plans, CC&V's mining operations proceed like this: first, exploration takes place to identify rock containing gold (known as ore); then holes are drilled in the earth and loaded with explosives. After detonation, the broken rock is loaded on enormous haul trucks with mechanized shovels. The CAT 793 Haul Trucks are powered by 2415 HP diesel engines, have computer systems on board that monitor their operating conditions, and cost around $5 million dollars each.

CAT 994K Loader & CAT 793 Haul Truck

With the assistance of her mine operations and maintenance team, it's Shannon's job to coordinate the training of operators on how to use the powerful, high-tech, CAT 793 Haul Truck efficiently. As she says: "If we take care of our trucks, they will take care of us!" And she is really good at her job.

In February of 2015, Shannon Reyes was recognized by Caterpillar, Inc., and received an international award for being CAT Global Site Planner/Trainer of the Month. In addition, because of the conscientious effort made by all of CC&V's haul truck operators, CAT Global selected CC&V as Global Site of the Month for its success in dramatically decreasing operator-induced errors.

These trucks are highly sophisticated, using computer hardware and software to track operating conditions like: physical location, speed, emergencies, weights, engine rpms, operating temperatures and pressures, as well as transmission issues. This data is transmitted wirelessly to CC&V dispatchers, maintenance, mine operations and CAT's dealer in Colorado, Wagner Equipment. This data is then utilized to reduce operator errors - increasing the efficiency and life expectancy of a very expensive, very large piece of machinery. With the assistance of Wagner/CAT, and the diligent efforts of CC&V's haul truck operators, Shannon coordinated the training to reduce the operator driven errors on CC&V's trucks by over 50% since November 2014.

Shannon likes her job. And she is good at it. Her professional experience has given her skills that are recognized by her management, co-workers, and CAT Global. She is excited by the opportunity and possibility of how she can contribute to the efficiency of CC&V's team effort. Receiving this international award was important recognition of those efforts, for both Shannon and CC&V, but at the end of the day, for Shannon, it's all about taking care of her three boys and her "second family" at CC&V.

CC&V is proud of its employees, and our employees are proud to be part of the community where we live and work. Thanks again for investing your time learning about our operations and employees. If you have any questions in this regard, please do not hesitate to contact: Brad Poulson, Communications Specialist, 719-689-4052, email at: [email protected]; or Jane Mannon, Community Affairs Manager, 719-689-4044; email at: [email protected].

Respectfully,

Cripple Creek & Victor Gold Mining Company

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May 2015 Community Update Presentation

In a continuing effort to keep the community informed about its on-going operations, CC&V's Community Affairs Manager, Jane Mannon, made a presentation on Saturday, May 16, 2015. Her presentation reviewed gold mining operations for 2014, and for the first quarter of 2015; provided an update on construction projects publicly permitted under CC&V's Mine Life Extension 2 plan; and provided an overview of what the community might look forward to from CC&V's operations in the near future.

If you'd like to review that presentation, it can be downloaded at this webpage: www.ccvgoldmining.com/downloads/Update%20May%202015.pdf