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(Page 3) <br />MINE ID # OR PROSPECTING ID #: M-1988-037 <br />INSPECTION DATE: 8-30-04 <br />INSPECTOR'S INITIALS GRM <br />Based on the exposure of 100 feet of highwall, 50 feet in height, right up to the permit edge, staff must review the <br />Financial Warranty (FW). At this time, based on past practices, the inspector believes the FW is inadequate for this <br />site. Anew bond calculation will be done within 15 days of this report depending on Corrective Actions taken by <br />the operator. <br />Responses to this inspection report should be directed to Russ Means at the Division of Minerals and Geology, Grand Junction <br />Field Office, 101 South 3rd Street, Room 301, Grand Junction, Colorado 81501, phone no. 970-241-1117. <br />I & E Contact Address cc: <br />^ CE <br />NAME: Brent Kerr ^ BL <br />OPERATOR: United Companies ^ FS <br />STREET: P.O. Box 3609 ^ HW <br />CITY/STATE/ZiP: Grand Junction. CO 81502 ^ HMWMD (CH) <br />^ WOCD (CH) <br />^ OTHER <br />