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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 10-04 <br />Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 <br />(State or Federal) <br />Surface Owner: BLM <br />Date Commenced: 26 -Jul -07 <br />Date Completed: <br />1 -Aug -07 <br />Contractor: Stewart Bros. <br />Rig Type: <br />Failing 2500 Rig 48 <br />Geologist: Doug Allen <br />Date : <br />15 -Jan -08 Toolpusher: Danny White <br />Driller: Gabe Armijo <br />Truck Driver: <br />Austin Martinez Helper: G. Gutierrez <br />Kevine Begay <br />N. Brite J. Trujillo <br />Randy McClard <br />L. Smith A. Sandoval <br />Coordinates: N. 18423.43 <br />E. <br />29074.86 <br />Location: Township, Range & Section: <br />SW1A Sec, 36, T. 12S., R. 90W. <br />Ground Elevation: 7498' <br />Collar Elevation: <br />Geophysical Log Measured From: <br />Ground <br />Elevation <br />Total Depth: 1525' <br />Probe Depth: <br />1504' Fluid Level: NA <br />Casing Type: steel, T&C <br />Size: 9 5/8" <br />Casing Type: steel FJ <br />Size: 7" (5 slotted, 3 solid) <br />Depth: 9 5/8": 0-1345' <br />Recovered (Y or N): <br />N <br />7": 1293-1455' <br />N <br />Bit Information <br />Surface Casing 17" Tricone to 20'; <br />(14" surface casing) <br />Main Hole (Reamed)121/4" Tricone to 1351' <br />Core: NA <br />Bottom Hole 8 3/4" Tricone to 1525' <br />Footage Plugged: 1525' Cored: NA <br />Drilling Medium: Air: Foam/Water: Mud: Foam Injection: <br />Depths: 0 - <br />Lost Circulation Depths: NA Regained ? (Y or N): <br />Water Invasion Depth or Intervals: NA Estimated Inflow Rates: <br />Gas Invasion Depth or Interval: 1470-1490' <br />Geophysical Logging Contractor: Jet West Geophysical, LLC <br />Logs Run: Gamma: X Neutron: <br />Temperature: Density: X <br />Resistivity: X Caliper: X <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): Deviation: 51'@ 181 deg. <br />Hole Cemented( Y or N ),Type: N <br />Coal Core Sent To: NA <br />No. of Bags: 4.5 yds portland slurry for 9 5/8" <br />Interval: to surface <br />Rock Sent To: NA <br />Comments: Drilled 8 3/4" pilot hole to verify mineable thickness, then reamed <br />121/4" to 1351' for 9 5/8" casing. Cuttings filled bottom hole during reaming, cleaned out to 1455'. <br />9' cement pluq from 1455-1446'. Bottom of 7" slotted casing 17' above D2 seam (1472-1484'). <br />9 5/8" casing abandoned to surface with 9 cubic yards portland type 11 cement June, 2010. <br />