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ACZ Laboratories, Inc. <br /> 2773 Downhill Drive Steamboat Springs, CO 80487 (800)334-5493 <br /> Rio Grande Silver, Inc. ACZ Project ID: L26557 <br /> Uranium,dissolved M200.8 ICP-MS <br /> ACZ ID Type Analyzed PCNISCN oc Sample Found Units Rec Lower Upper RPD Limit • <br /> WG390829 <br /> WG3908291CV ICV 0912111516:26 MS150902-7 .05 .04785 mg/L 96 90 110 <br /> WG390829ICB ICB 09/21/1516:29 U mg/L -0.0003 0.0003 <br /> WG390829LFB LFB 09/21/1516:32 MS150915-9 .05 .04868 mg/L 97 85 115 <br /> L26290-03AS AS 09/21/1516:45 MS150915-9 .5 1.31 1.805 mg/L 99 70 130 <br /> L26290-03ASD ASD 09/21/1516:48 MS150915-9 .5 1.31 1.919 mg/L 122 70 130 6 20 <br /> WG390829CCV1 CCV 09/21/1517:03 MS150814-4 .1 .09549 mg/L 95 90 110 <br /> WG390829CCB1 CCB 09/21/1517:06 U mg/L -0.0003 0.0003 <br /> L26582-01AS AS 09/21/1517:33 MS150915-9 .05 .0002 .05085 mg/L 101 70 130 <br /> L26582-01ASD ASD 09/21/1517:36 MS150915-9 .05 .0002 .05249 mg/L 105 70 130 3 20 <br /> WG390829CCV2 CCV 09/21/1517:40 MS150814-4 .1 .09466 mg/L 95 90 110 <br /> WG390829CCB2 CCB 09/21/1517:42 U mg/L -0.0003 0.0003 <br /> WG390829CCV3 CCV 09/21/1518:01 MS1508144 .1 .09412 mg/L 94 90 110 <br /> WG390829CCB3 CCB 09/21/1518:04 U mg/L -0.0003 0.0003 <br /> Uranium,total recoverable M200.8 ICP-MS <br /> ACZ ID Type Analyzed PCNISCNwSample Found Units Roe Lower Upper RP v <br /> WG391186 <br /> WG3911861CV ICV 09/28/15 9:56 MS150902-7 .05 .05186 mg/L 104 90 110 <br /> WG391186ICB ICB 09/28/15 9:59 U mg/L -0.0003 0.0003 <br /> WG390891LRB LRB 09128/1510:02 U mg/L -0.00022 0.00022 <br /> WG390891LFB LFB 09/28/1510:05 MS150915-9 .05 .05117 mg/L 102 85 115 <br /> L26557-02LFM LFM 09/28/1510:25 MS150915-9 .05 .0001 .05163 mg/L 103 70 130 <br /> L26557-02LFMD LFMD 09/28/1510:28 MS150915-9 .05 .0001 .05165 mg/L 103 70 130 0 20 <br /> WG391186CCV1 CCV 09/28/1510:31 MS1508144 .1 .097 mg/L 97 90 110 <br /> WG391186CCB1 CCB 09128/1510:34 U mg/L -0.0003 0.0003 <br /> WG391186CCV2 CCV 09/28/1511:07 MS150814-4 .1 .09606 mg/L 96 90 110 <br /> WG391186CCB2 CCB 09/28/1511:10 U mg/L -0.0003 0.0003 <br /> WG391186CCV3 CCV 09/28/1511:31 MS150814-4 .1 .09539 mg/L 95 90 110 <br /> WG391186CCB3 CCB 09/28/1511:34 U mg/L -0.0003 0.0003 <br /> Zinc,dissolved M200.8 ICP-MS <br /> ACZ ID Type Analyzed • <br /> WG390944 <br /> WG3909441CV ICV 09/22/15 20:47 MS150902-7 .05 .0453 mg/L 91 90 110 <br /> WG390944ICB ICB 09/22/15 20:50 U mg/L -0.006 0.006 <br /> WG390944LFB LFB 09/22/15 20:53 MS150915-9 .05008 .0521 mg/L 104 85 115 <br /> L26556-03AS AS 09/22/15 21:05 MS150915-9 .05008 12.5 12.53 mg/L 60 70 130 M3 <br /> L26556-03ASD ASD 09/22/15 21:08 MS150915-9 .05008 12.5 12.52 mg/L 40 70 130 0 20 M3 <br /> WG390944CCV1 CCV 09/22/15 21:23 MS1508144 .5008 .4862 mg/L 97 90 110 <br /> WG390944CCB1 CCB 09/22/15 21:26 U mg/L -0.006 0.006 <br /> WG390944CCV2 CCV 09/22/15 21:59 MS150814-4 .5008 .4802 mg/L 96 90 110 <br /> WG390944CCB2 CCB 09/22/15 22:02 U mg/L -0.006 0.006 <br /> WG390944CCV3 CCV 09/22/15 22:21 MS150814-4 .5008 .4893 mg/L 98 90 110 <br /> WG390944CCB3 CCB 09/22/15 22:24 U mg/L -0.006 0.006 <br /> L26557-1510011525 Page 32 of 48 <br />