X0202 4 2007-06-20 0 0000059860 LITTLE SQUAW GOLD MINING CO LITS 0001384637 Forza Capital Management, L.L.C. 2754 NW CROSSING DRIVE SUITE 205 BEND OR 97701 0 0 1 0 0001384636 Forza Partners, L.P. 2754 NW CROSSING DRIVE SUITE 205 BEND OR 97701 0 0 1 0 0001384840 Atkinson David 2754 NW CROSSING DRIVE SUITE 205 BEND OR 97701 1 0 1 0 0001384757 Frazier James 2754 NW CROSSING DRIVE SUITE 205 BEND OR 97701 0 0 1 0 Common Stock 2007-06-20 4 P 0 5000 1 A 5642916 I See Footnotes The filing of this Form 4 shall not be construed as an admission that Forza Capital Management, L.L.C. ("Forza Capital"), Forza Partners, L.P. (Forza Partners), David Atkinson, or James Frazier is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any shares of common stock, or warrants convertible to shares of common stock, of Little Squaw Gold Mining Company (the "Issuer)("Common Stock") held by Forza Partners or Forza Partners II, L.P. ("Forza Partners II"). Pursuant to Rule 16a-1, Forza Capital, Forza Partners, David Atkinson and James Frazier disclaim such beneficial ownership beyond their pecuniary interest. Forza Capital holds 5,642,916 shares of Common Stock indirectly through the account of Forza Partners, of which Forza Capital is the general partner. Forza Capital receives an allocation of net profits and an asset-based fee from, and owns a partnership interest in, Forza Partners. Messrs. Atkinson and Frazier report the shares of Common Stock held indirectly by Forza Capital because, as the managing members of Forza Capital at the time of purchase, they controlled the disposition and voting of the securities. Forza Capital holds 574,806 shares of Class B Warrants which are convertible to 574,806 shares of Common Stock indirectly through the account of Forza Partners. Forza Capital holds 15,100 shares of Common Stock indirectly through the account of Forza Partners II, of which Forza Capital is the general partner. Forza Capital receives an allocation of net profits and an asset-based fee from, and owns a partnership interest in, Forza Partners II. Messrs. Atkinson and Frazier report the shares of Common Stock held indirectly by Forza Capital because, as the managing members of Forza Capital at the time of purchase, they controlled the disposition and voting of the securities. /s/ David Atkinson, member, Forza Capital Management, L.L.C. 2007-06-22 /s/ David Atkinson, member, Forza Capital Management, L.L.C., general partner of Forza Partners, L.P. 2007-06-22 /s/ David Atkinson 2007-06-22 /s/ James Frazier 2007-06-22