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June 18, 2012 X- 2010 - 232- 00/New Elk Mine 2010 Exploration Program KAG <br />Site NE -1 -10 <br />Site NE -15 -10 on rail grade <br />WXx rx <br />Site NE -17 -10 <br />Site NE -16 -10 above the Bates Portals Site NE -6 -10 now two monitoring wells <br />Number of Partial Inspection this Fiscal Year: 0 <br />Number of Complete Inspections this Fiscal Year: 0 <br />Page 6 of 7 <br />