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September 26, 2011 X -200- 189 -06 /Trapper UG Feasibility Phase I KAG <br />reclamation. These locations will be reclaimed in the normal reclamation of the surface mine. <br />The construction of the toe of the Horse Gulch fill obliterated site 30. Site 28 was drilled along <br />side of a disturbed road and site 22 was drilled in the active D -pit. <br />Based on the observations of this inspection and the special circumstances involved for sites <br />that have not been reclaimed for reasons stated, nothing observed during the inspection would <br />preclude the release of all exploration bond for this project. The operator is commended for <br />successfully completing all work as approved. <br />Number of Partial Inspection this Fiscal Year: 0 <br />Number of Complete Inspections this Fiscal Year: 0 <br />Page 3 of 7 <br />