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OXBOW MINING LLC <br />FOURTH QUARTER 2010 POND INSPECTION REPORT <br />Pond Inspection Date: December 21, 2010 <br />OPERATOR: <br />MINE: <br />POND IDENTIFICATION: <br />CDPS NUMBER <br />TYPE OF POND: <br />APPROXIMATE WATER LEVEL: <br />SEDIMENT (°ro 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 />O filer <br />APPURTENANT STRUCTURES <br />Defective Spillways <br />Dewatering Devices Clogged <br />Faulty Gates, Etc. <br />Other <br />MAINTENANCE REQUIRED <br />REFERENCE DRAWINGS: <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'(6040') 5.0'(6065') 0.25' 3.0' <br /><5% <5% <5% <50% <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 Yes <br />2.05-M5A 2.05-M5B 2.05-M5C 2.05-M5E <br />Inspected By: ?Cvw ? t <br />James A. Kige <br />r <br />3737 Hwy 133 • P,O, Box 535 Somerset, Colorado 81434 USA <br />TEL (970) 929-5122 FAX (970) 929-5177