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ENERGY <br />January 31, 2012 <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81212 <br />www.energylab.com <br />A.a1'UcaI Emboss Since 1552 <br />ANALYTICAL SUMMARY REPORT <br />Workorder No.: C12010014 Quote ID: C3386 - Schwartzwalder Mine <br />Project Name: Schwartz GW 12/30/11 S26172 <br />Energy Laboratories, Inc. Casper WY received the following 1 sample for Cotter Corporation on 1/3/2012 for analysis. <br />Sample ID Client Sample ID <br />C12010014 -001 MW -12 (S26172) <br />Collect Date Receive Date Matrix <br />12/30/11 11:10 01/03/12 <br />The analyses presented in this report were performed at Energy Laboratories, Inc., 2393 Salt Creek Hwy., Casper, <br />WY 82601, unless otherwise noted. Radiochemistry analyses were performed at Energy Laboratories, Inc., 2325 <br />Kerzell Lane, Casper, WY 82601, unless otherwise noted. Any exceptions or problems with the analyses are noted <br />in the Laboratory Analytical Report, the QA/QC Summary Report, or the Case Narrative. <br />The results as reported relate only to the item(s) submitted for testing. Solid /soil samples are reported on a wet <br />weight basis (as received) unless specifically indicated. Data corrected for moisture content are typically noted as - <br />dry on the report. For agricultural and mining soil parameters /characteristics, all samples are dried and ground prior <br />to sample analysis. <br />If you have any questions regarding these test results, please call. <br />Report Approved By: <br />L 2 X1.1 <br />Reporting Supervisor <br />Helena, MT 877472 -0711 • Billings, MT 800 -735 -4489 • Casper, WY 888- 235 -0515 <br />Gillette, WY 866 -686-7175 • Rapid City, SO 888- 672 -1225 • College Station, TX 888 -690 -2218 <br />Test <br />RECEIVED <br />Division of Reclamation, <br />Mining & Safety <br />Aqueous Metals by ICP /ICPMS, Dissolved <br />Metals by ICP /ICPMS, Total <br />Alkalinity <br />QA Calculations <br />Mercury, Total <br />Mercury Analysis Prep <br />Field Parameters <br />E300.0 Anions <br />Nitrogen, Nitrate + Nitrite <br />Metals Preparation by EPA 200.2 <br />Phosphorus, Total <br />Gross Alpha, Gross Beta <br />Radium 226, Dissolved <br />Solids, Total Dissolved <br />Digitally signed by <br />Stephanie Waldrop <br />Date: 2012.01.31 12:13:27 -07:00 <br />Page 1 of 21 <br />