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ENERGY <br />October 30, 2015 <br />Trust our People. Trust our Data. <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81212-1750 <br />Billings. MT 800.135.4489 • Casper. WY 888.235.0515 <br />College Station, TX 888.690.2218 • Gillette, WY 866.686.1175 • Helena. MT 877.472.0711 <br />ANALYTICAL SUMMARY REPORT <br />Work Order: C15100364 Quote ID: C4314 - Schwartzwalder Mine <br />Project Name: Schwartz - SW 10/7/15 S28471 - S28472 <br />Energy Laboratories, Inc Casper WY received the following 2 samples for Cotter Corporation on 10/8/2015 for analysis. <br />Lab ID <br />Client Sample ID Collect Date Receive Date Matrix Test <br />C15100364-001 SW -GS 10/06/1514.4510/08/15 <br />Aqueous Metals by ICP/ICPMS, Dissolved <br />Metals by ICP/ICPMS, Total <br />Cyanide, Weak Acid Dissociable <br />Mercury, Total <br />Mercury Analysis Prep <br />Client Provided Field Parameters <br />Fluoride <br />Nitrogen, Nitrate + Nitrite <br />Metals Preparation by EPA 200.2 <br />Digestion, Total P <br />Phosphate, Total <br />Phosphorus, Total <br />Gross Alpha, Gross Beta <br />C15100364-002 SW-FBRG <br />10/07/15 7:45 10/08/15 Aqueous Same As Above <br />The results as reported relate only to the item(s) submitted for testing. The analyses presented in this report were <br />performed at Energy Laboratories, Inc., 2393 Salt Creek Hwy , Casper, WY 82601, unless otherwise noted. <br />Radiochemistry analyses were performed at Energy Laboratories, Inc., 2325 Kerzell Lane, Casper, WY 82601, <br />unless otherwise noted Any exceptions or problems with the analyses are noted in the Laboratory Analytical <br />Report, the QA/QC Summary Report, or the Case Narrative. <br />If you have any questions regarding these test results, please call. <br />Report Approved By. <br />COO- YN\ <br />Report Proofing Specialist <br />Digitally signed by <br />Kathy Hamre <br />Date: 2015.10.30 08:18:36 -06:00 <br />Page 1 of 18 <br />