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ENERGY <br />October 05, 2011 <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81215 <br />www.energylab.com <br />J.afyE[d Enigma Sac. ,831 <br />Workorder No.: C11081023 Quote ID: C3386 - Schwartzwalder Mine <br />Project Name: Schwartz SW 8/24/11 S25171- S25173 <br />C11081023-001 SW BOS (S25171) 08/24/11 13:20 08/25/11 <br />C11081023-002 SW GS (S25172) <br />C11081023-003 SW BPL (S25173) <br />If you have any questions regarding these test results, please call. <br />Report Approved By: <br />& £ cd <br />Reporting Supervisor <br />Helena, MT 877 -472 -0711 • Billings, MT 800-735-4489 • Casper, W9 888 -235 -0515 <br />Gillette, WY 866 -886 -7175 • Rapid City, SD 888 -672 -1225 • conga Station, TX 888 -600 -2218 <br />ANALYTICAL SUMMARY REPORT <br />Energy Laboratories, Inc. Casper WY received the following 3 samples for Cotter Corporation on 8/25/2011 for analysis. <br />Sample ID Client Sample ID Collect Date Receive Date Matrix 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 />08/24/11 14:10 08/25/11 Aqueous Metals by ICP /ICPMS, Dissolved <br />Field Parameters <br />08/24/11 14:15 08/25/11 Aqueous Same As Above <br />The analyses presented in this report were performed at Energy Laboratories, Inc., 2393 Salt Creek Hwy., Casper, <br />WY 82601, unless otherwise noted. Any exceptions or problems with the analyses are noted in the Laboratory <br />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. All samples are reported on an as received <br />basis unless otherwise indicated. <br />Digitally signed by <br />Stephanie Waldrop <br />Date: 2011.10.05 13:31:45 -06:00 <br />Page 1 of 28 <br />