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n <br />XBOV!/ M/N1NG,LLC '^ <br />FOURTH QUARTER 2007 POND INSPECTION REPORT <br />Pond Inspection Date: December 18, 2007 <br />OPERATOR: <br />MINE: <br />POND IDENTIFICATION: <br />CDPS NUMBER <br />TYPE OF POND: <br />APPROXIMATE WATER LEVEL: <br />SEDIMENT (% total storage): <br />OUTFLOW: <br />FEATURES <br />EROSIONAL <br />Rills & Gullies <br />Inadequate Vegetation <br />Outlet Channel Erosion <br />Burrows <br />Other <br />STRUCTURAL <br />Differential Settling <br />Cracks or Slides <br />Seepage <br />Other <br />APPURTENANT STRUCTURES <br />Defective Spillways <br />Dewatering Devices Clogged <br />Faulty Gates, Etc. <br />Other <br />MAINTENANCE REQUIRED <br />Oxbow Mining, LLC. <br />Elk Creek Mine and Surface Facilities <br />Pond Al Pond B Pond C East Yard <br />009 012 014 010 <br />Sediment Sediment Sediment Sediment <br />4.9 ft.(6040. 9')4.0 ft.(6064 ') 3.0" ice 3.0" ice <br /><5% <10% <5% <5% <br />None None None None <br />PROBLEM PROBLEM PROBLEM PROBLEM <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />No No No No <br />REFERENCE DRAWINGS: 2.05-MSA 2.05-MSB 2.05-MSC 2.05-MSE <br />Inspected By: G . 1 - ` <br />James A. Kige <br />3737 Hwy 133 P.O. Box 535 Somerset, Colorado 81434 USA <br />TEL (970) 929-5122 2 FAX (970) 929-5177 <br />