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CRIPPLE CREEK & VICTOR GOLD MINING COMPANY <br />RECLAMATION COST MODEL TO SUPPORT <br />MINE LIFE EXTENSION PROJECT 2 (MLE2) <br />DRMS WARRANTY VERSION <br />This reclamation cost model was developed originally <br />in February 2008 <br />By: <br />Michael D. Ellis, P.E. <br />Ellis Environmental Engineering, Inc. <br />4342 Ulysses Way <br />Golden, Colorado 80403 <br />(303) 279 -8532 <br />eeeoscar(a-)att.net <br />This reclamation cost model has been updated for the <br />DRMS Warranty Calculations in March 2014 <br />by Michael D. Ellis, P.E. <br />Model was updated each year to reflect <br />changes and has been adapted for use in <br />the MLE2 Project in 2012 <br />By: <br />Steven D. Steffens, P.E. <br />Steffens and Associates, Inc. <br />420 Aspen Place <br />Golden, Colorado 80403 <br />(303)216 -1801 <br />steffensinc(a)msn.com <br />RECEIVEn <br />APR 14 2011 <br />Division of Reclamation 1 -Cover <br />Mining & Safety <br />