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TR -115 Response 2 Cont. <br />Page 6 of 6 <br />Reclamation Cost Estimate <br />10. The current required surety for the Trapper Mine is set at $23,016,528.92. Enclosed is the <br />CIRCES cost estimate for TRI 15. Based on this estimate the liability will need to <br />increase by $586,438.57 for a total liability of $23,602,967.49. The current bond held for <br />the site is $23,400,000.00. Trapper will need to increase their financial warranty by <br />$202,967.49. <br />frappe r Response: As per discussions tirith Jared Ehert (CDIUVS) on .lint, 18, 2016, the <br />ahol,e statement no longer reflects the rcyaircinci71s of the csthnated liability. Rei,iscel <br />CIRCE:S' costs acre gcnerated to take into of fl'ct changes in total of fcctccl acres, jell. <br />hilllohllg deniolitio)/1 costs avid seedillg oivrsight costs. hciidin- ain' f in-ther changes, it <br />appears Trapper's total hahilltP is 1Css than the current hond held at this, time. <br />Please contact me if you have any questions regarding the enclosed information. <br />Sincerely, <br />Graham Roberts <br />Environmental Engineer <br />GCR [M/Permit Revisions/TR-115 Response2 CL.doc] <br />c File 109.2.3.4 w/o attachments <br />Revisions File <br />