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(Page 2) <br />MINE ID # OR PROSPECTING ID #: n-t-t99a-t t7 <br />INSPECTION DATE: m~2 i/n7 INSPECTOR=S INITIALS: TAS <br />1. A brief tour of the Gold Hill Mill was conducted by Tom Schreiner & David Bird of the Division. Present during the <br />inspection was Matt Collins of MRV, and consultants Adrian Brown and Mark Levin. <br />2. The operation of the mill, including reagents & processing, was discussed. The Mill facility is permitted for a total of 4 <br />acres. The current and future post-mining land use is "Forestry". The operator has posted a financial warranty of <br />$46,473. During the past year the operator has made a considerable effort to clean up the site via removal of <br />miscellaneous non-roadable mining equipment and consolidation/re-vegetation of on-site waste piles. <br />3. This inspector notes the mining & reclamation permit has been revised a number of times since permit issuance. The <br />Division will be re-evaluating the reclamation cost for the facility in the near future. <br />I & E Contact Address <br />NAME: Mr. Matt Collins <br />OPERATOR: Mount Royale Ventures LLC <br />STREET: 9145 Sunshine Canyon Drive <br />CITY/STATE/ZIP: Ronlder, CO R0302 <br />cc: Carl Mount, DMG (via E-Mail) <br />