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ENERGY <br />LABORATORIES <br />August 11,2011 <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81215 <br />Workorder No.: C11070520 Quote ID: C3386 - Schwartzwalder Mine <br />Project Name: Schwartz SW 7/12/11 S25876- S25883 <br />Energy Laboratories, Inc. Casper WY received the following 8 samples for Cotter Corporation on 7/14/2011 for analysis. <br />Sample ID Client Sample ID Collect Date Receive Date Matrix Test <br />C11070520 -001 SW AWD (S25876) <br />011070520 -002 SW A001 (S25877) 07/12/11 09:50 07/14/11 Aqueous Same As Above <br />C11070520 -003 SW BDIS (S25878) 07/12/11 10:00 07/14/11 Aqueous Same As Above <br />011070520 -004 SW PL (S25879) <br />011070520 -005 SW OS (S25880) <br />011070520 -006 SW BOS (S25881) <br />011070520 -007 SW GS (S25882) <br />011070520 -008 SW BPL (S25883) <br />Report Approved By: <br />www.energylab.com Helena, MT 877 472 - 0711 ® Billings, MT 800 - 735 - 4489 0 Casper, WY 888 235 - 0515 <br />Auslytkai Excellence Rose asst Gillette, WY 866 -686 -7175 ® Rapid City, SD 888 -672 -1225 • College Station, 1X 888 -690 -2218 <br />ANALYTICAL SUMMARY REPORT <br />This report was prepared by Energy Laboratories, Inc., 2393 Salt Creek Hwy., Casper, WY 82601. Any exceptions <br />or problems with the analyses are noted in the Laboratory Analytical Report, the QA/QC Summary Report, or the <br />Case Narrative. <br />The results as reported relate only to the item(s) submitted for testing. All samples are reported on an as received <br />basis unless otherwise indicated. Samples corrected for dry weight indicate units that have -dry appended. <br />If you have any questions regarding these test results, please call. <br />diAzt LO <br />Reporting Supervisor <br />07/12/11 09:40 07/14/11 Aqueous Metals by ICP /ICPMS, Dissolved <br />Field Parameters <br />07/12/11 11:50 07/14/11 Aqueous Same As Above <br />07/12/11 11:55 07/14/11 Aqueous Same As Above <br />07/12/11 12:05 07/14/11 Aqueous Same As Above <br />07/12/11 13:20 07/14/11 Aqueous Same As Above <br />07/12/11 13:30 07/14/11 Aqueous Same As Above <br />Digitally signed by <br />Stephanie Waldrop <br />Date: 2011.08.11 14:46:29 -06:00 <br />Page 1 of 20 <br />