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(Page 2) <br />MINE ID # OR PROSPECTING ID # M-1998-052 <br />INSPECTION DATE 11/06/02 INSPECTOR'S INITIALS ESC <br />OBSERVATIONS <br />This was an acreage release inspection of the Rock Island Operation conducted by Erica <br />Crosby of the Division of Minerals and Geology. Sam McCleneghan of Rock Island Land Co., <br />LLC and Larry Brown of L.F. Brown & Assoc. Inc. were present during the inspection. <br />The Rock Island Operation is located 8 miles northeast of Breckenridge in Summit County, <br />Colorado. The 110 Mining and Reclamation Permit was issued to Rock Island Land Co., LLC on <br />July 22, 1998 for a permit area of 9.9 acres. The postmining land use is Wildlife Habitat. <br />The Division holds a reclamation bond in the amount of $69,844.00. <br />The acreage release request would remove all but 1.94 acres from the permit area. The <br />remaining features would include the access road leading to the site, the stockpile area, <br />work area and the unmined tailing area. The map submitted with the acreage release request <br />depicts the new permit boundary area. A copy of the acreage release request map is included <br />with this inspection report for clarif ication. _The areas highlighted in yellow will remain <br />under the Rock Island Mine operation. <br />A majority of the site has been mined to level ground. Portions of dredge rock remain on the <br />western edge of the permit area. The operator retained some dredge rock along the edge of <br />the Swan River. A steep slope remains on the "pit side" of the dredge rock. The operator <br />will need to reduce the slope of the dredge piles that mimics the slopes of historic piles, <br />or to a grade of 3h:ly. The operator will need to reduce the slope and submit documentation <br />in the form of photographs by December 6, 2002 in order for the acreage release request to be <br />approved. If documentation of slope reduction is not received by this date, the acreage <br />release request will be denied in its entirety. <br />I & E Contact Address <br /> ^ CE <br />NAME Mr. Sam McCleneghan ^ BL <br />OPERATOR Rock Island Land Co., LLC ^ FS <br />STREET P.O. Box 1012 ^ HW <br />CZTY/STATE/ZIP Breckenridge, CO 80424 ^ HMWMD (CH) <br /> ^ SE <br /> ^ WQCD (CH) <br />Cc: Carl Mount; DMG (via electronic transmission) <br />Larry Brown; L.F. Brown & Associates Inc. <br />