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(Page 4) <br />MINE ID # OR PROSPECTING ID #: ~~-ieas_m~ <br />INSPECTION DATE: vhdlny INSPECTOR'S INITIALS: KAP <br />The following problems (PB) and/or possible violations (PV) (and suggested corrective actions) were identified <br />during this inspection. The problems should be corrected by the dates given, or they will become possible <br />violations. The possible violations should be corrected by the dates given to reduce their severitywhen considered <br />by the Mined Land 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 />Corrective Action: within thirty 1301 days of receipt of this report submit proof to the Division <br />that Penn Mountain Minina. Inc. is a reaistered entity with the Colorado Secretary of State <br />and is able to conduct business within the state of Colorado. <br />3• lQ/ 30/07 <br />During this inspection, it was discovered that, there is no activity apparent at the site <br />related to mining or reclamation. This a problem related to C.R.S 34-32-103 (6) la) (II which <br />states that a permit may continue in effect as long as an operator continues top engage <br />in the extraction of minerals and complies with the provisions of this article. <br />PB or PV: 3B_ <br />TOPIC(S): Ali <br />