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Cost Estimate for Reclamation <br /> This estimate only covers the new 2.0 acres to be opened June 2016 <br /> The new area in the Carper Pit#2 Pit that would be opened in June 2016 is 2.0 acres. <br /> As an internal tract,the only requirement will be to reclaim the floor for this area. <br /> A cover crop would be established after topsoil is replaced. After the cover is established <br /> the grass will be planted as recommended by the local Natural Resource Conservation Service. <br /> The cost units below already include labor and fuel. <br /> The cover crop, manuring,and grass seeding cost were obtained from the <br /> Natural Resource Conservation Service and have been based on Conservation Reserve <br /> Program costs. The other unit costs were obtained from a local contractor who is <br /> equipped to perform reclamation if Tim Carper were to default on the reclamation plan. <br /> Carper Pit#2 <br /> Task Volumes Units Unit Cost Item Cost <br /> Backfill and Grade 4.1 Hours $115.00 $471.50 <br /> to 3.1 slopes <br /> Replace Topsoil <br /> Tractor/Speedy Mover 2 Hours $75.00 $150.00 <br /> Revegetate Site <br /> Cover crop 2 Acres $45.00 $90.00 <br /> Grass seeding 2 Acres $45.00 $90.00 <br /> Seed 16.8 Lbs. $8.70 $146.16 <br /> (2.0 acres x 8.4#PLS/Acre) <br /> Mobilization <br /> Tractor/Speedy Mover 2 Hours $75.00 $150.00 <br /> Dozer 2 Hours $115.00 $230.00 <br /> TOTAL $1,327.66 <br /> While reclamation costs are calculated on the entire expanded acreage,the mining plan is to open <br /> one tract at a time. As this new 2.0 acre Tract is opened the financial warranty will be increased. The new <br /> requirment should only be on the previous 9.9 acres(Tract 2)and the newly opened 2.0 acre tract. <br /> Tim plans to begin reclamation of the previously mined tracts as he opens a new tract to minimize <br /> the amount of financial warranty requirement involved. <br />