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RECEIVED NOV 0 62006 <br />Oxbow Mining, LLC <br />P:O. Box 535 <br />Somerset, CO 81434 <br />USA <br />Client Sample ID: <br />Date Received: <br />Matrix: <br />Pond B ~ 012. <br />1 0/1 912 0 0 6 <br />Water <br />Date Sampled <br />Sample Taken By <br />Sample Type <br />Time Sampled <br />1011712006 <br />Jim Kiger <br />Grab <br />1340 <br />SGS Sample ID: 072-22470-003 <br /> ANALYZED <br />ANALYTE RESULT METHOD LOD DATE/TIME ANALYST <br />Conductivity 710 umhos/cm SM2510 B 1 10/30/2006 1040 KK <br />Iron, Total 2.0 mg/L EPA200.7 0.01 10/23/2006 1612 EH <br />pH 8.20 s.u. SM4500-H B 0.01 1011912006 1715 KZ <br />Solids, Total Dissolved 460 mg/L SM2540 C 5 10/23/2006 1600 HC <br />Solids, Settleable <0.1 mUUhr SM2540 F 0.1 10/23/2006 1230 KK <br />Solids, Total Suspended 150 mg/L SM2540 D 5 10120/2006 1000 TL <br />Method Reference(s): <br />"Standard Methods for the Examination of Water and Wastewater", 18th Edition, 1992; APHA-AWWA-WEF <br />"Methods for the Determination of Metals in Environmental Samples", EPA/6 0 0/4-9 110 1 0, June 1991 <br />Respectfully submitted, <br />SGRNORTH AMERICA INC. ///~~~ <br />Page 1 of 1 Denver Laboratory <br />SGS North America Inc. Minerals Services Division <br />46fi5 Paris Street, Suite B-200, Denver, CO 80239 t (3031373-4772 f (3031373-4791 www.ussgs.com/minerals <br />Member of the SGS Graup <br />