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ENERGY <br />A'1ORATCRI173 <br />June 20, 2011 <br />i <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81215 <br />Workorder No.: C11050423 Quote ID: C3386 - Schwartzwalder Mine <br />Project Name: Schwartz SW 5/10/11 S25777- S25784 <br />Energy Laboratories, Inc. Casper WY received the following 8 samples for Cotter Corporation on 5/12/2011 for analysis. <br />Sample ID <br />C11050423 -001 SW AWD (S25777) 05/10/11 10:15 05/12/11 <br />C11050423 -002 SW A001 (S25778) <br />C11050423 -003 SW BDIS (S25779) <br />C11050423 -004 SW PL (S25780) <br />C11050423 -005 SW OS (S25781) <br />C11050423 -006 SW BOS (S25782) <br />C11050423 -007 SW GS (S25783) <br />www.energylab.com <br />Aarrytical&WhomOw 1952 I <br />Helena, MT 877- 472 -0711 • Billings, MT 800 - 735 -4409 • Casper, WY 888 -235 -0515 <br />Gillette, WY 866 -686 -7175 • Rapid City, SD 888 -672 -1225 • College Station, TX 888 -690 -2218 <br />ANALYTICAL SUMMARY REPORT <br />Client Sample ID Collect Date Receive Date Matrix <br />05/10/11 10:35 05/12/11 Aqueous <br />M Ig77- a <br />ndlAy D <br />tr:.Dieivs <br />a'6 <br />Test <br />Aqueous Metals by ICP /ICPMS, Dissolved <br />Metals by ICP /ICPMS, Total <br />Alkalinity <br />QA Calculations <br />Cyanide, Weak Acid Dissociable <br />Mercury, Total <br />Mercury Analysis Prep <br />Field Parameters <br />Fluoride <br />E300.0 Anions <br />Nitrogen, Nitrate + Nitrite <br />Metals Preparation by EPA 200.2 <br />Phosphate, Total <br />Phosphorus, Total <br />Gross Alpha, Gross Beta <br />Radium 226, Dissolved <br />Radium 226, Total <br />Radium 228, Total <br />Solids, Total Dissolved <br />Solids, Total Suspended <br />05/10/11 11:55 05/12/11 Aqueous Same As Above <br />05/10/11 12:05 05/12/11 Aqueous Same As Above <br />05/10/11 13:30 05/12/11 Aqueous Same As Above <br />05/10/11 13:35 05/12/11 Aqueous Same As Above <br />05/10/11 14:45 05/12/11 Aqueous Same As Above <br />Metals by ICP /ICPMS, Dissolved <br />Field Parameters <br />Page 1 of 44 <br />