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(Page 2) <br />MINE ID # OR PROSPECTING ID # M-1983-141 <br />INSPECTION DATE Auoust 05. 2004 <br />INSPECTOR'S INITIALS CBM <br />This inspection was conducted as part of the normal monitoring program established by the Colorado Division of Minerals and <br />Geology and in coordination with the Cafion City office of the Bureau of Land Management (BLM) which owns some property <br />that the mine and mill are on. <br />Present at the inspection were Mr. Mark Steen of ITEC Environmental Colorado, Inc.(ITEC), Mr. Ed Skoda of Mount Royale <br />Ventures, LLC (MRV-LLC), and Mr. Gordon Sweeney, working for ITEC and MRV-LLC. Present for the BLM were Jan <br />Fackrell, Dan Grenard, Natalie Czarnota, and Melissa Fallin. The inspection was, in part, for the purpose of defining what parts <br />of the permit areas are on BLM lands. The BLM and Mr. Steen will be coordinating further on land ownership issues. <br />The road from the Gold Hill Mill to the Cash Mine has been graded and maintained so access to the Cash Mine is easier. The <br />Cash Mine headframe will have to be redone in order to access the mine safely since MSHA now requires metal headframes <br />and the present one is made of wood. <br />Junk from the property has been cleaned up to some extent and, according to Mr. Steen, more trash and junk will be removed <br />soon. The road from the Cash Mine has been extended somewhat down the dump and further down the hill to access <br />properties further down the mountain towards the Four Mile Canyon road and Hoosier Reef. <br />Responses to this inspection report should be directed to Carl Mount at the Division of Minerals and Geology Denver Office, <br />phone no. 303-866-3863. <br />I & E Contact Address <br />NAME: Mr. Mark Steen <br />OPERATOR: ITEC Environmental Colorado. Inc. <br />STREET: P.O. Box 1523 <br />CITY/STATE/ZIP: Longmont. CO 80502 <br />cc: Mr. Dan Grenard <br />US Bureau of Land Management <br />3170 East Main <br />Carson City, CO 81212 <br />^ CE <br />^ BL <br />^ FS <br />^ HW <br />^ HMWMD (CH) <br />^ WOCD (CH) <br />^ OTHER <br />