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6.4. 12 Exhibit L <br /> Reclamation Costs <br /> Reclamation cost estimate was calculated on a per acre basis and applied to <br /> active mining area of 15 acres. As stated in the Reclamation Plan, reclamation will <br /> occur concurrently with mining. <br /> RECLAMATION COST SUMMARY Date: 8/8/2016 <br /> Site: J& Stone Pit#1 Permit No.: M-2011-004 <br /> Description: Reclaim site <br /> DIRECT COSTS <br /> TASK LIST <br /> Task# Description Task Hours Cost <br /> 001 Grade slopes to 3:1 less than 1,000 linear feet 2 $ 2,481.00 <br /> Spread 4 inches of plant growth material on 1-3 <br /> 002 acres 1 $ 50.00 <br /> Final grading of plant growth material on 1-3 <br /> 003 acres 2 $ 289.00 <br /> Revegetate 1-3 acres (40% <br /> 004 estimated failure rate) 5 $ 5,424.00 <br /> 005 Mobilization and demobilization 1 $ 100.00 <br /> SUBTOTAL $ 8,344.00 <br /> INDIRECT COSTS <br /> OVERHEAD AND PROFIT <br /> Liability insurance: 2.02% $ 168.55 <br /> Performance bond: 1.05% $ 87.61 <br /> Job superintendent 10 hours $ 750.00 <br /> Profit: 10% $ 834.40 <br /> CONTRACT AMOUNT(DIRECT AND O&P) $ 10,184.56 <br /> LEGAL-ENGINEERING-PROJECT MANAGEMENT <br /> Engineering work and/or contract/bid preparation 0.00% $ - <br /> Reclamation management and/or administration 5.00% $ 509.23 <br /> TOTAL BOND AMOUNT $ 10,693.79 <br /> 10 <br />