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GREATBAS/N ENG/NEER/NG, /NC~ Consulting Engineers and Land Surveyors ]SOS Grant Avenue - P. O. boa 7707 71] Cenler p. O. bo>< lln - Ogtlen. Utah (R01) ]97~/SIS Evanston. Wyoming (707) IR9~3715 ZiP Cotle N109 ZiP Cotle 8170 April 25, 1985 PENN MOUNTAIN MINING PERMIT BOUNDARY DESCRIPTION A part of Section 16, Township 9 South, Range 78 West, Sixth Priglcipal Merdian, U. S. Survey in Park County, Colorado: Beginning at the Northwest corner of the Bullger Basin Placer M ne Claim (Survey No. 12036), in said Section 16, said point also being 2640 feet, more or less,North along the Section Line and 500 fee t,more or less, East of the Southwe t corner of said Section 16, and running thence South 87°30' East 190 fee t, more r less, along the North line of said Bullger Basin Placer Mine claim; thence North 2°30' East 400 fee t, more or less; thence South 87°30' East 410 feet more or les thence South 2°30' West 400 feet, more or less,to a point on the North line f said Bullger Basin Placer Mine claim; thence South 87°30' East 1130 feet, ore or less, along said North line to a point of intersection with the West line f the Senora Mine Claim and the East line of said Bullger Basin Placer Mine claim thence South 8°15' West 160 fee t, more or less,along said East line of Bullg r 9asin • Placer Mine Claim and said West line of the Senora Mine claim tv the North line of the Crown Prince Mine claim (Survey No. 2210); thence South 84°20 East 330 feet, more or less, along said North Line of the Crown Prince Mine Cl im; thence South 6°00' East 480 fee t, more or less; thence North 55°15' East 530 feet, more or less; thence South 14°40' East 220 feet, more or less, to the Sou h line of the Crown Prince Mine claim and the North line of the Barbeau Mine C aim (Survey No. 2992); thence South 86.°20' East 250 feet more or less; t ence South 20°00' East 75 feet more or less; thence South 65°00' West 135 feet, more or less; thence South 1°00' East 145 feet, more or less; thence Sout 59°55' East 100 feet more or less; thence South 21°00' West 110 feet more or les thence South 69°30' West 235 feet, more or less; thence North 54°30' West 410 feet more of less; thence South 15°00' West 290 feet, more or less; thence Nor~h 78°00' West 150 feet, more or less; thence North 15°00' East 275 feet more or le~s; thence South 61°30' West 170 feet, more or less to the West line of the Bad er Mine Claim (Survey No. 2068) and the East line of said Bullger Basin Placer Mine claim; thence North 85°45' West 540 feet, more or less; thence North 6°35' West 175 feet, more or less; thence South 86°10'32" West 1214 feet, more or less, to the Intersection of the North and West line of the Bismark Mine claim and the said West line of the Bullger Basin Placer Mine Claim; thence North 10°00' West 885 feet more or less along said West line of the Bullger Basin Placer M ne claim to the point of beginning. Contains 48.76 Acres M-84-279 r~ L ~EM~ER OF AMERICAN SOCIETY OF CIVIE ENGINEERS / MEMBER Of UTAH COUNCIL OF lA D SURVEYORS