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RECLAMATION COSTS <br /> Exhibit L - AMENDMENT <br /> Reclamation Costs <br /> The following four pages contain the estimated reclamation costs based upon an assumed <br /> worst case situation. This worst case situation is based on reclamation of the entire operation all at <br /> once. In fact, reclamation will be ongoing. Therefore,bond reductions would occur as reclamation is <br /> completed on various areas. <br /> The calculated bond amount, with Division add-ons, is $448,754.95. This amount is not in addition to <br /> the current bond, but in place of the current bond. <br /> m <br /> X <br /> r <br /> e <br /> f <br /> w <br /> Daniels Sand Pit #2 Amendment (2008) Exhibit L Page 1 <br />