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(Page 3) <br />MINE ID # OR PROSPECTING ID # M-1977-443 <br />INSPECTION DATE 4-21-05 INSPECTOR'S INITIALS GRS <br />The following problems (PB) and/or possible violations (PV) (and suggested corrective <br />actions) were identified during this inspection. The problems should be corrected by the <br />dates given, or they will become possible violations. The possible violations should be <br />corrected by the dates given to reduce their severity when considered by the Mined Land <br />Reclamation Board. The inspector noted on the previous page should be notified of all <br />corrective actions taken. <br />PROBLSNS/POSSIBLE VIOLATION3 <br />AND <br />CORRECTIVE ACTION3 <br />DATE <br />The current financial warranty of $2,500.00 is not adequate to PB or PV: PW ~ g <br />complete the reclamation plan. The current estimated cost is TOPIC(S): <br />$12,500.00. _FN <br />CORRECTIVE ACTION: The operator must either submit a <br />replacement warranty of $12,500.00 or a supplemental warranty of July 5, 2005 <br />$10,000.00 no later than July 5,2005. As an alternative the <br />operator may perform reclamation activity to reduce the current <br />liability to an amount equal to or less than $2,500.00. If this <br />alternative is chosen, the operator must submit photos and a <br />written description of the reclamation work which has been <br />completed. These photos and the description of the completed <br />work must be mailed to the Division by July 5, 2005. <br />