O'KEEFEDRILLING

Attention:

Aaron Charlton

Subject:

Drill bid for RC Drilling near Garnet, MT.
Core Drilling, approximately 20 holes with less than 5 acres disturbed

HAMMER DRILLING RATE

0' to 400'

Vertical

$

11.00

Per foot

400' to 800'

Vertical

$

14.00

Per foot

0' to 800'

Angle

$

12.00

Per foot

800' to 1200'

Angle

$

15.00

Per foot

TRICONE DRILLING & CENTER RETURN HAMMER DRILLING

$

375.00

Per Hour
Plus Bits

Drilling reverts to Trione Rate:
When extreme drilling conditions are encountered (severe clay causing plugging, excessive water, poor returns), at Mining 'request for a better sample, or when
the drilling rate falls below 250' for a full day.

MOBILIZATION/DEMOBILIZATION-from Butte & Back

$

2,000.00

TOTAL

5 1/2" Hammer Bits

$

605.00

PER BIT

5 1/8" Tricone Button bits

$

1,337.50

PER BIT

Moving between holes

First one-half hour

No Charge

After one-half hour

$

195.00

per hour

Standby

$

195.00

per hour

Hauling Water

$

195.00

per hour

Setting Casing Past The First 15 Feet

$

375.00

per hour

Casing or Other Materials used to Advance Hole

At Cost

Lost Steel

At Cost

Per Diem    (three man crew)

$

85.00

Per Day
Per Man

Booster, if needed

$

450.00

per day

or

$

5,500.00

per month