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Exhibit L — Reclamation Costs <br />$ 20.00± per acre Seeding <br />$ 65.00± per acre Total Application Cost per Acre. <br />x 6.58± acres <br />$ 427.70± Sub -Total — Application Costs <br />$ 825.99± Sub -Total Re- vegetation (seed + application) Costs. <br />Assume a 50± percent failure and add half the expense back into the total for <br />reseeding, or: <br />$ 412.99± Sub -Total Re- seeding costs <br />$ 1,238.98± Total Re- vegetation Expense <br />OTHER MISCELLANEOUS COSTS: ') <br />Mobilization and demobilization costs are based upon the Division's estimates, which <br />are pending. <br />Demolition of Structures: None. Building Permits for structures will be obtain where <br />required from the Weld County Building Department. <br />Please Note: The per unit cost values derived from previous OMLR <br />determinations for heavy equipment, as applied to this exhibit, are included <br />at the back of this exhibit. Since there is no possibility of the applicant in <br />fully reproducing the Division's methods, utilizing similarities from past <br />OMLR calculations is the most viable and accurate means available for the <br />applicant to derive reasonable estimates of per unit costs and should result <br />in estimates very reliable with that of the Division. <br />Summary of Reclamation Costs: <br />$ 3,736.20± Total Site Discharge —Avg. Life of the Mine <br />$ 46,272.82 ±Total Grading per Extraction Front. <br />$ 4,474.53 ±Total Re- soiling <br />1.238.98± Total Re- vegetation Expense <br />$ 55,722.53 ±Sub -Total <br />$ 7,619.00± Possible Mobilization and Demobilization Costs (pending OMLR estimate) <br />$ 63,341.53 ±Sub -Total Direct Costs <br />$ 15,414.16± Possible Indirect Costs Pending RMS Indirect Costs @ 24.335 % of Total <br />Reclamation Costs <br />$ 78,755.69 ±Grand Total — Financial Warranty Amount — Pending OMLR Review <br />and estimates including estimated expenses for State of Colorado Mobilization <br />and Demobilization and other `Indirect' cost determinations by the Office. <br />Varra Companies, Inc. Varra- Coulson Resource Project 6 <br />OMLR 112 Permit Application 8 August 2013 <br />