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<br /> <br />MINE ID # OR PROSPECTING ID # M-80-183 <br />INSPECTION DATE Sanuarv 15. 1998 <br />INSPECTOR'S INITIALS TAS <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 />PROBLEMS/POSSIBLE VIOLATIONS <br />AND <br />CORRECTIVE ACTIONS <br />CORRECTION <br />DATE <br />1. The existing financial warranty is inadequate to complete <br />the reclamation plan. <br />CORRECTIVE ACTIONS <br />Complete one of the following options within 60 days of <br />receipt of this inspection report: Option 1, submit either <br />a replacement financial warranty of $413,400 or a <br />supplemental financial warranty of $323,965; Option 2, <br />submit an application for an amendment to the permit <br />which may result in more cost effective mining & <br />reclamation and a lower reclamation cost; Option 3, perform <br />reclamation to lower the reclamation liability to the <br />level of the current financial warranty, ie: $89,435; <br />Option 4, perform some combination of the above. <br />(Page 4) • <br />April 3, 1998 <br />PB or PV PB <br />TOPIC(S) FW <br />