Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-157-07-27  03-4J5104
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    50%           44%

Location:                                         Federal Project:
03-VAR                                            NONE

Progress payment No. 001                     Payment period ending: 05-20-23
TYRRELL RESOURCES INC
PO BOX 8219
TRUCKEE CA 96162

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              752,264.58         752,264.58
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                752,264.58         752,264.58
 5. Mobilization
 6. Total Work Completed        752,264.58
 7. Deductions                                 -10,000.00         -10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    742,264.58         742,264.58
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       742,264.58