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TESTS <br />SG$ <br />October 17, 2011 Page 1 of 1 <br />New Elk Coal Company <br />122 West First St. <br />Trinidad, CO 81082 <br />USA <br />Analysis Report <br />Client Sample ID: Paw 9 Date Sampled : 01/29/2010 <br />Date Received: 02/10/2010 Project Name /# : NE QTRLY <br />Matrix: Ground Water Time Sampled : 1245 <br />SGS Minerals Sample ID: 07243907 -003 <br />REPORTING ANALYZED <br />RESULT METHOD LIMIT DATE / TIME ANALYST <br />Alkalinity, Bicarbonate 410 mg /L HCO3 SM2320 B 1 02/11/2010 1030 SV <br />Alkalinity, Carbonate <1 mg /L CO3 SM2320 B 1 02/11/2010 1030 SV <br />Chloride, Total 18 mg /L EPA300.0 1 02/10/2010 1110 KK <br />Hardness, Calculated Total 240 mg /L CaCO3 Calc 1 <br />Iron, Dissolved <0.01 mg /L EPA200.7 0.01 02/22/2010 1040 EH <br />Manganese, Dissolved 0.066 mg /L EPA200.7 0.005 02/22/2010 1040 EH <br />Calcium, Total 73 mg /L EPA200.7 0.01 02/22/2010 1540 EH <br />Iron, Total 3.5 mg /L EPA200.7 0.01 02/22/2010 1540 EH <br />Magnesium, Total 15 mg /L EPA200.7 0.01 02/22/2010 1540 EH <br />Manganese, Total 0.164 mg /L EPA200.7 0.005 02/22/2010 1540 EH <br />Potassium, Total 3.0 mg /L EPA200.7 0.05 02/22/2010 1540 EH <br />Sodium, Total 71 mg/L EPA200.7 0.05 02/22/2010 1540 EH <br />Iron, Total Recoverable 3.4 mg/L EPA200.7 0.01 02/22/2010 1800 EH <br />Sodium Absorption Ratio 2.0 Calc 0.01 <br />Solids, Total Dissolved 460 mg /L SM2540 C 5 02/12/2010 0950 ST <br />Sulfate 55 mg /L EPA300.0 5 02/10/2010 1110 KK <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/600/4- 91/010, June 1991 <br />"Methods for the Determination of Inorganic Substances in Environmental Samples ", EPA/600/R- 93/100 <br />rvor Somer Rodriguez, Denver Laboratory <br />SGS North hnerica hc. Mnerals Services 0hision <br />4665 Paris St Suite 0.200 Denver CO 80239 t (303)373.4772 f (303) 373 -4791 wwwsgsaomAninerats <br />tukmberof SGS Group <br />This document is issued by the Company under its General Conditions of Service accessible at http:// www. sgs .comlterms_and_conditions.htm Attention is <br />drawn to the limitation of liability, indemnification and jurisdiction issues defined therin. <br />Any holder of this document is advised that information contained hereon reflects the Company's findings at the time of its intervention only and within the limits <br />of Client's instructions, if any. The Company's sole responsibility is to its diem and this document does not exonerate parties to a transaction from exercising all <br />their rights and obligations under the transaction documents. Any unauthorized alteration, forgery or falsification of the content or appearance of this document <br />is unlawful and offenders may be prosecuted to the fullest extent of the law. <br />