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(Page 4) <br />MINE ID # OR PROSPECTING ID #: M-2001-023 INSPECTOR'S INITIALS GRM <br />INSPECTION DATE: 5-6-08 <br />The following problems (PB) and/or possible violations (PV) (and suggested corrective actions) were identified during this <br />inspection. The problems should be corrected by the dates given, or they will become possible violations. The possible <br />violations should be 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 corrective actions taken. <br />PROBLEMS/POSSIBLE VIOLATIONS <br />AND <br />CORRECTIVE ACTIONS <br />CORRECTION <br />DATE <br />1 . The Division has been notified that the current financial warranty will be cancelled. 6 / 24/ 08 <br />PB or PV: _PR <br />TOPIC(S): _FN <br />Precision Excavating needs to submit anew financial warranty prior to June 24, 2008 in the <br />amount of $100,000.00, <br />2. <br /> <br />3 <br />PB or PV: <br />TOPIC(S): <br /> <br />PB or PV: <br />TOPIC(S): <br />I, G. Russell Means, hereby certify that on May 22, 2008, 1 deposited a true and complete copy of this foregoing <br />inspection report in the United States Mail, first class postage paid, to the operator of record for this site at the address <br />indicated, and to those others within the body of this report who have been designated to receive copies (DMG <br />personnel excepted). p <br />lf ; F <br />Signature