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Table of Contents <br />1.0 INTRODUCTION..........................................................................................................................2 <br />2.0 METHODOLOGY FOR VEGETATION SAMPLING / COMPARISON METHODS.....................................8 <br />2.1 Sample Site Selection / Location............................................................................................8 <br />2.2 Determination of Ground Cover.............................................................................................8 <br />2.3 Determination of Current Annual Production..........................................................................9 <br />2.4 Sample Adequacy Determination...........................................................................................9 <br />2.5 Success Evaluation.............................................................................................................10 <br />3.0 RESULTS..................................................................................................................................11 <br />3.1 2014 Vegetation Evaluation Results.........................................................................................11 <br />3.1.1 Irrigated Pasture - Phase III Bond Release Block...............................................................11 <br />3.1.2 Irrigated Pasture - Reference Area....................................................................................11 <br />3.2 2015 Vegetation Evaluation Results.........................................................................................11 <br />3.2.1 Irrigated Pasture - Phase III Bond Release Block...............................................................11 <br />3.2.2 Irrigated Pasture - Reference Area....................................................................................12 <br />4.0 SUCCESS COMPARISON.............................................................................................................15 <br />4.1 Ground Cover........................................................................................................................15 <br />4.2 Production.............................................................................................................................16 <br />4.3 Forage Quality.......................................................................................................................19 <br />5.0 CONCLUSION............................................................................................................................20 <br />6.0 LITERATURE CITED...................................................................................................................21 <br />List of Tables and Charts <br />Table 1— Sample Adequacy Table................................................................................................10 <br />Chart 1— Irrigated Pasture — Average Ground Cover by Lifeform — 2014-2015 ................................12 <br />Table 2 — Irrigated Pasture — Average Ground Cover by Lifeform — 2014-2015 ...............................13 <br />Table 3 — Irrigated Pasture — Production Summary — 2014 -2015 ....................................................14 <br />Chart 2 — Irrigated Pasture — Summary of Current Annual Production — 2014-2015 .........................14 <br />Chart 3 — Irrigated Pasture — Desirable (Perennial) Cover Success Comparison - 2014 ....................15 <br />Chart 4 — Irrigated Pasture — Desirable (Perennial) Cover Success Comparison - 2015 ....................15 <br />Table 4 — Soil Adjustment Factor..................................................................................................16 <br />Table 5 — Statistical Testing — Reverse Null t Test — Desirable (Perennial) Production - 2014 ...........17 <br />Chart 5 — Irrigated Pasture — Desirable (Perennial) Production Success Comparison - 2014 .............17 <br />Chart 6 — Irrigated Pasture — Desirable (Perennial) Production Success Comparison - 2015 .............18 <br />Table6 — Forage Quality - 2015...................................................................................................19 <br />List of Maps <br />Map 1— New Horizon Mine - Overview — 2014-2015.......................................................................2 <br />Map 2 — New Horizon Mine — Irrigated Pasture Bond Release Block — 2014 ......................................3 <br />Map 3 — New Horizon Mine — Irrigated Pasture Reference Area — 2014 .............................................4 <br />Map 4 — New Horizon Mine — Irrigated Pasture Bond Release Block — 2015 ......................................5 <br />Map 5 — New Horizon Mine — Irrigated Pasture Reference Area — 2015 .............................................6 <br />Page 1 <br />