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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: ECM 08-52 Project ID.: Elk Creek Mine Exploration <br />Lease Number: COC-61357 (State or Federal) Surface Owner: BLM <br />Date Commenced: 17-Jul-08 Date Completed: 26-Jul-08 <br />Contractor: Himes Drilling <br />Geologist: Doug Allen <br />Driller: Kevin Himes <br />Rig Type: Portadrill TKT Rig 7 <br />Date : 11-Nov-08 <br />Truck Driver: Aaron Bucheim <br />Toolpusher: <br />Helper: Lloyd F. <br />Coordinates: N. 10732.42 E. 45505.41 <br />Location: Township, Range & Section: S1/2 Sec.4, T.13S., R.90W. <br />Ground Elevation: 7522' Collar Elevation: <br />Geophysical Log Measured From: Ground Elevation <br />Total Depth: 1650' Probe Depth: 1642 Fluid Level: NA <br />Casing Type: steel, T&C Size: 7" <br />Casing Type: Size: <br />Depth: 20' Recovered (Y or N): Y <br />Depth: Recovered (Y or N): <br />Bit Information <br />Surface Casing 8 3/4" Tricone to 19.5' <br />Main Hole 5 7/8" PCD to 1560' <br />Core: 4 7/8" bit, 3" core to 1600' <br />Bottom Hole 4 3/4" PCD to 1650' <br />Footage Plugged: 1610' Cored: 40' <br />Drilling Medium: Air: Foam Mater: Mud: Foam Injection: <br />Depths: 0-500' 500-1650' <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: NA <br />Geophysical Logging Contractor: Jet West Geophysical, LLC <br />Logs Run: Gamma: X <br />Temperature: <br />Resistivity: X <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented( Y or N ),Type: <br />Coal Core Sent To: SGS <br />Comments: <br />Neutron: <br />Density: X <br />Caliper: X <br />No. of Bags: 40 plug gel, 3 cement <br />Interval: to surface <br />Y <br />Rock Sent To: Agapito <br />Himes Drilling Colorado water well license #1285