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ENERGY <br />L. A B O F;AT ES <br />January 04, 2013 <br />Cotter Corporation <br />0502 Fremont Cnty Rd 68 <br />Canon City, CO 81212 -1750 <br />C12120491-002 SW ARH (S26695) <br />Report Approved By: <br />www.energylab.com Helena, Mf 817- 472 -0711 • Billings, MT 800 - 735 -4489 • Casper, WY 888- 235 -0515 <br />Analytical E ' T ° Since 1952 Gillette, WY 866 -686 -7175 • Rapid City, SD 888- 672 -1225 • College Station, TX 888 -690 -2218 <br />ANALYTICAL SUMMARY REPORT <br />Workorder No.: C12120491 Quote ID: C3386 - Schwartzwalder Mine <br />Project Name: Schwartz -SW 12/12/12 S26694,S26695 <br />Energy Laboratories, Inc. Casper WY received the following 2 samples for Cotter Corporation on 12/13/2012 for analysis. <br />Sample ID Client Sample ID Collect Date Receive Date Matrix Test <br />C12120491-001 SW FBRG (S26694) 12/12/12 9:55 12/13/12 <br />The results as reported relate only to the item(s) submitted for testing. The analyses presented in this report were <br />performed at Energy Laboratories, Inc., 2393 Salt Creek Hwy., Casper, WY 82601, unless otherwise noted. <br />Radiochemistry analyses were performed at Energy Laboratories, Inc., 2325 Kerzell Lane, Casper, WY 82601, <br />unless otherwise noted. Any exceptions or problems with the analyses are noted in the Laboratory Analytical <br />Report, the QA/QC Summary Report, or the Case Narrative. <br />If you have any questions regarding these test results, please call. <br />Report Proofi� caIs <br />12/12/12 10:10 12/13/12 Aqueous Same As Above <br />Aqueous Metals by ICP /ICPMS, Dissolved <br />Metals by ICP /ICPMS, Total <br />Field Parameters <br />Metals Preparation by EPA 200.2 <br />Radium 226, Dissolved <br />Radium 226, Total <br />Digitally signed by <br />Sheri Mead <br />Date: 2013.01.04 11:51:57 -07:00 <br />Page 1 of 9 <br />