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A Z Laboratories, Inc. <br />2773 Downhill Drive Steamboat Springs, CO 80487 (800) 334 -5493 <br />Rio Grande Silver, Inc. <br />Alkalinity as CaCO3 <br />ACZ ID <br />Analyzed PCN /SCN <br />Sample " Found Units <br />Upper RPD Limit Qual <br />WG340385 <br />WG340385LCSW1 LCSW 03/13/13 1225 WC130313- 820 775 mg /L 94 5 90 110 <br />WG340267PBW PBW 03/13/1312'31 34 mg /L -20 20 <br />L11050 -02DUP DUP 03/13/13 13 01 50 45 2 mg /L 10 1 20 <br />WG340385LCSW2 LCSW 03/13/13 14 WC130313- 820 797 5 mg /L 97 3 90 110 <br />Aluminum (1312) <br />ACZ ID <br />Type Analyzed PCtCr t1D Sample Found Units Rec Lower Upper RPD ; f irrxit " Qual <br />WG340742 <br />Antimony (1312) <br />WG340476 <br />REPIN.01.06.05.01 <br />SM2320B - Titration <br />M6010B ICP <br />M6020 ICP -MS <br />ACZ Project ID: L11050 <br />WG3407421CV ICV 03/20/13 10 53 11130114 -4 2 2.031 mg /L 101 6 90 110 <br />WG3407421CB ICB 03/20/13 10 56 U mg /L -0 09 0 09 <br />WG340742PQV PQV 03/20/1310 11130319 -2 .15 135 mg /L 90 70 130 <br />WG340742ICSAB ICSAB 03/20/13 11 11130318 -1 250 250 2 mg /L 100 1 80 120 <br />WG340646PBS PBS 03/20/13 11:08 U mg /L -0 09 0 09 <br />WG340646LFB1 LFB 03/20/1311:11 11130306 -2 1 984 mg /L 98.4 85 115 <br />L11050 -01MS MS 03/20/1311 11130306 -2 1 121 2.243 mg /L 1033 75 125 <br />L11050 -01MSD MSD 03/20/13 11 20 11130306 -2 1 121 224 mg /L 103 75 125 013 20 <br />L11050 -01DUP DUP 03/20/1311 121 1.186 mg /L 2 20 <br />L11050 -02SDL SDL 03/20/1311 93 91 mg /L 2.2 10 <br />WG340742CCV1 CCV 03/20/13 11 36 11130114 -2 1 1 011 mg /L 1011 90 110 <br />WG340742CCB1 CCB 03/20/1311 U mg /L <br />-0 09 <br />0 09 <br />ACZ ID. Type Analyzed PCNISCN <br />pie <br />Found Units <br />Upper RPD <br />unit <br />WG3404761CV ICV 03/14/13 2100 MS130102 -2 02 02026 mg /L 101 3 90 110 <br />WG3404761CB ICB 03/14/13 21 03 U mg /L - 0.0012 0.0012 <br />WG3404761CSA ICSA 03/14/13 21 U mg /L -0 002 0.002 <br />WG340476ICSAB ICSAB 03/14/13 21 10 MS130220 -5 01 01072 mg /L 107 2 80 120 <br />WG340266PBS PBS 03/14/13 21 16 U mg /L -0 0012 0 0012 <br />WG340266LFB2 LFB 03/14/13 21 MS130220 -1 .01 01045 mg /L 104 5 80 120 <br />L11050 -01DUP DUP 03/14/1321:26 0051 00492 mg /L 36 20 <br />L11050 -02MS MS 03/14/13 21:32 MS130220 -1 01 0006 01069 mg /L 100 9 75 125 <br />L11050 -02MSD MSD 03/14/13 21 MS130220 -1 01 0006 01015 mg /L 95.5 75 125 5 18 20 <br />L11050 -03SDL SDL 03/14/13 21 42 0011 U mg /L 10 <br />WG340476CCV1 CCV 03/14/13 21 45 MS121227 -4 0125 01242 mg /L 99 4 90 110 <br />WG340476CCB1 CCB 03/14/13 21 48 U mg /L -0 0012 0 0012 <br />Page 12 of 38 <br />