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(Page 2) <br /> MINE ID#OR PROSPECTING ID#M-1977-438 <br /> INSPECTION DATE 3-11-2003 INSPECTOR'S INITIALS SSS <br /> OBSERVATIONS <br /> This inspection was conducted to determine if any remedial or reclamation measures have been conducted since the <br /> September 12, 2002 inspection. <br /> The site remains in substantially the same condition as specified in DMG s June 7, 2002 and September 12, 2002 inspection <br /> reports. Concerns noted in that report appear to remain, and no response from the permittee has been received. The <br /> concerns noted as problems in the June 7,2002 report must still be addressed as specified in the corrective actions detailed on <br /> the last page of that report. Those problems and corrective actions are not re-stated in this report though they still exist. <br /> Four of the six vent holes were located west of the county road on the bench above the Pickett Corral portals and waste rock <br /> piles. Loren Wickstrom with the Durango Office of the BLM shot these locations into his GPS unit and will provide DMG with a <br /> map of the locations. Two of the vent holes were estimated 18 inch diameter and two were estimated 12 inch diameter. All <br /> vents were found to be open and are cased in steel pipe at the surface and possibly the entire length. Two vents of unknown <br /> diameter were not located. One of these vents is reportedly located in the vicinity of the vents described above. The other <br /> vent, according to a mine workings sketch map, is shown to be located north of the Blue Streak portal (lowest and most <br /> northern portal of the Pickett Corral mine). <br /> After this inspection, DMG learned that the BLM leases for this site have been relinquished by the leaseholder and are no <br /> longer viable leases. BLM indicated a desire to contribute funds to reclamation of this site. They will arrange for a bat survey of <br /> the workings and recommend using bat gate portal closures in place of the earth backfill method, if bats are found to be <br /> frequenting the site. <br /> In a joint DMG/BLM inspection conducted October 10, 1996, BLM archaeologists indicated that all structures on site could be <br /> removed as they had no significant historical value and were in a poor state of repair. <br /> An additional site inspection will be conducted in the near future to ascertain what, if any, hazardous materials and/or <br /> explosives are located underground that need to be disposed of. The operator is instructed to remove any equipment or <br /> supplies that the operator wishes to salvage,within 60 days of the mailing date of this report. Equipment or supplies remaining <br /> on site after that date will be removed and/or disposed of. <br /> Responses to this inspection report should be directed to Steve Shuey at the Division of Minerals and Geology,Grand Junction <br /> Field Office, 101 South 3rd Street, Room 301, Grand Junction, Colorado 81501, phone number 970-243-6368. <br /> I & E Contact Address cc: <br /> O CE <br /> NAME Raymond Fitzgerald 0 BL Loren Wickstrom - Durango Office <br /> OPERATOR Grand Mesa Mining Corp. ❑ FS <br /> STREET 350 5th Avenue, Suite 6215 ❑ HW <br /> CITY/STATE/ZIP New York, New York 10118 0 HMWMD (CH) <br /> ❑ SE <br /> ❑ WQCD (CH) <br /> O OTHER <br />