TO:  STOCKHOLDERS OF RECORD
         DANE MINING & EXPLORATION, LTD.
         NEVADA CORPORATION NO. C17245-97

VOLCANO MINE
SUMMARY REPORT

PREPARED FOR ANNUAL MEETING

 J.L. DANE, PRESIDENT



DANE MINING & EXPLORATION, LTD
P.O. BOX 2129
ROAD FORKS, NM, USA 88045
505-542-3810

The geologic descriptive information included in this report is comprised of several studies made by various individuals and represents as closely  as possible the actual characteristics of the physical properties of the Volcano Mine deposit.


Table of Contents
  1. Summary
  2. Geological Information and Location Summary
  3. Open Pit Mining Plan: Volcano Mine, Hidalgo County New Mexico, USA
  4. Exhibits

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