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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 10 -03B Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 (State or Federal) Surface Owner: USFS <br />Date Commenced: 20- Apr -08 Date Completed: 1- May -08 <br />Contractor: Boart Longyear Rig Type: <br />LK38A <br />Drilling Medium: Air: Foam /Water: <br />Geologist: Doug Allen Date : <br />11- Nov -08 <br />Toolpusher: Paul Breider <br />Driller: S. Balenseifer Truck Driver: <br />B. Cox <br />Helper: J. Hamilton <br />J. Jessop <br />R. Ostler <br />P. Cramer <br />Coordinates: N. 18891.82 E. <br />27324.14 <br />Logs Run: Gamma: <br />Location: Township, Range & Section: <br />SE 1/4 Sec.35, T.12S., R.90W. <br />Ground Elevation: 8171' Collar Elevation: <br />Resistivity: <br />Caliper: <br />Geophysical Log Measured From: ground <br />Elevation <br />Hole Cemented( Y or N ),Type: Y <br />Total Depth: 2328' Probe Depth: <br />NA <br />Fluid Level: NA <br />Casing Type: steel <br />Size: <br />14" <br />Casing Type: steel T &C <br />Size: <br />9 5/8" <br />Depth: 0 -20' Recovered (Y or N): <br />N <br />Depth: 0 -2217' Recovered (Y or N): <br />N <br />Bit Information <br />Surface Casing 16" Tricone to 20' <br />Main Hole 12.319" Hammer to 723'/ 12 1/4" Tricone to 2217' <br />Core: <br />Bottom Hole 8" Hammer to 2328' <br />Footage Plugged: 2328' Cored: <br />0 <br />Drilling Medium: Air: Foam /Water: <br />Mud: Foam Injection: <br />Depths: 0 -20' 20 -2328' <br />Lost Circulation Depths: NA <br />Regained ? (Y or N): <br />Water Invasion Depth or Intervals: NA <br />Estimated Inflow Rates: <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: NA <br />Logs Run: Gamma: <br />Neutron: <br />Temperature: <br />Density: <br />Resistivity: <br />Caliper: <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented( Y or N ),Type: Y <br />No. of Bags: 16 Supersacks <br />Interval: to surface <br />Coal Core Sent To: NA <br />Rock Sent To: NA <br />Comments: 115' slotted 7" casing below 38' solid 7" casing for bottom hole. <br />7" overlaps 42' inside 9 5/8" casing. <br />9 5/8" casing abandoned to surface with 25 cubic yards portland <br />type 11 cement July, 2008. <br />