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GEL LABORATORIES LLC <br />2040 Savage Road Charleston SC 29407 - (843) 556 -8171 - www.gel.com <br />Certificate of Analysis <br />Company : <br />Energy Fuels Resources (USA), Inc. <br />Address : <br />225 Union Boulevard <br />Gammaspec, Liquid (Bal33,Cs134,Csl37,Co60,Zn65) "As Received" <br />Suite 600 <br />Lakewood, Colorado 80228 <br />Contact: <br />Ms. Kathy Weinel <br />Project: <br />Sunday Mine GW Sampling <br />Client Sample ID: <br />Sample ID: <br />Matrix: <br />Collect Date: <br />Receive Date: <br />Collector: <br />MW- Sunday #2 65 <br />319003002 <br />Ground Water <br />23- JAN -13 13:00 <br />24- JAN -13 <br />Client <br />Report Date: February 18, 2013 <br />Project: DNMI00102 <br />Client ID: DNMI001 <br />Parameter Qualifier Result Uncertainty DL RL Units DF Analyst Date Time Batch Method <br />Rad Gamma Spec Analysis <br />Gammaspec, Liquid (Bal33,Cs134,Csl37,Co60,Zn65) "As Received" <br />Barium -133 U 1.77 +/ -1.78 593 <br />pCi/L, <br />KXG3 02/01/13 1051 1278930 1 <br />Cesium -134 U -0691 +/-135 488 <br />pCi/L <br />Cesium -137 U 0 618 +/ -1.66 404 <br />100 <br />pCi/L <br />Cobalt -60 U 0 122 +/-140 524 <br />pCi/L <br />Zinc-65 U 0.173 +/-223 760 <br />pCi/L <br />Rad Gas Flow Proportional Counting <br />GFPC, Total Alpha Radium, Liquid "As Received" <br />Gross Radium Alpha U 0207 +/-0176 0 631 <br />100 <br />pCi/L <br />KDF1 01/28/13 1025 1278336 2 <br />Gross Alpha/Beta in Drinking Water EPA 900.0 "As Received" <br />Alpha 49.8 +/ -2.82 433 <br />100 <br />pCi/L <br />DYTI 02/10/13 1506 1278603 3 <br />Beta 9.67 +/ -1.08 3.17 <br />100 <br />pCi/L <br />Radium -228 in Drinking Water EPA 904.0 "As Received" <br />Radium -228 U 0184 +1-0151 0.516 <br />100 <br />pCi/L <br />KDF1 01/31/13 1127 1278335 4 <br />Gross Alpha minus Uranium "See Parent Products" <br />Gross Alpha minus U 28.7 <br />pCi/L <br />1 AFl 02/12/13 0843 1280444 5 <br />Rad Radium -226 <br />Radium -226 in Drinking Water EPA 903.1 (De- emanati "As Received" <br />Radium -226 U 0.0981 +/ -0143 0.529 <br />100 <br />pCi/L <br />KSDI 02/04/13 1550 1278408 6 <br />The following Analytical Methods were performed: <br />Method Description <br />Analyst Comments <br />I EPA 901 1 <br />2 EPA 900 1 Modified <br />3 EPA 900 0 <br />4 EPA 904 0/ EPA 9320 <br />5 Calculation <br />6 EPA 903 1 <br />Surrogate/Tracer Recovery Test <br />Result <br />Nominal Recovery% Acceptable Limits <br />Barium Carver GFPC, Total Alpha Radium, Liquid "As Received" <br />994 (25 %125 %) <br />Yttrium Carrier Radium -228 in Drinking Water EPA 904 0 "As <br />788 (25% -125 %) <br />Received" <br />Barium Carver Radium -228 in Drinking Water EPA 904 0 "As <br />102 (250/o-125 %) <br />Received" <br />Page 59 of 63 <br />