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0 <br /> "HELD TO A HIGHER STANDARD" <br /> Exhibit L — Reclamation Costs <br /> Duran & Pearce Contractors (Operator) current Bond amount for the 9.32 Acres permitted <br /> under the 110 Permit is $21,220.00 (direct+ indirect). In converting from the current 110 <br /> Permit to a 112 Permit, Duran & Pearce Contractors (Operator) will complete the mining of the <br /> current 9.32 before opening the next 10 acre operation. Majority of all reclamation for the 110 <br /> Permit will be complete. There will NOT be more than 10 Acres opened and being mined at one <br /> time. Duran & Pearce Contractors (Operator) calculates the reclamation cost based off the Cost <br /> Summary Work/ Reclamation Cost Review: <br /> Based on Reclamation Cost Review: <br /> Site: Martin Pit 1-A Permit Action 2012 March Review Permit#: M1990140 <br /> 01a Remove refuse from site Demolish 8 HR $4,135.89 <br /> 02a Reduce pit walls to 4H:1V Dozer 20.91 HR $4,19.25 <br /> 03a Rip compacted access road/stockpile Ripper 1.01 HR $215.00 <br /> 04a Transport topsoil from stockpile Loader 20.18 HR $2,841.00 <br /> 05a Distribute Topsoil Dozer 5.77 HR $1,153.36 <br /> 06a Revegetate Revege 8 HR $2,700.68 <br /> 07a Mobilize 2.57 $2,648.01 <br /> TOTAL DIRECT COSTS: $17,873.19 <br /> INDIRECT COSTS: $3,346.49 <br /> TOTAL BOND AMOUNT: $21,220.00 <br /> 7 <br />