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EXHIBIT L- RECLAMATION COSTS <br /> The information provided in this Exhibit is intended to satisfy the requirements outlined in Section <br /> 6.4.12 of the Colorado Mined Land Reclamation Board Construction Material Rules and <br /> Regulations: <br /> All Phases have approximately the same area that will be disturbed at one time, therefore this area <br /> is used to calculate the potential reclamation liability. <br /> ■ Phase 1 would be 100% mined and 100% reclaimed. Mining will be complete for this <br /> phase with mining occurring at the final shoreline reclamation slope (31­1:1V). This phase <br /> will require final grading, topsoil placement, seed and mulch. <br /> ■ Phase 2 would be 100% mined and 100% reclaimed. This phase will be mined at the final <br /> shoreline reclamation slope (31­1:1V). This phase will require final grading, topsoil <br /> placement, seed and mulch. <br /> ■ Phase 3 would be 100% mined and 100% reclaimed. This phase will be mined at the final <br /> shoreline reclamation slope (3H:1 V). This phase will require final grading, topsoil <br /> placement, seed and mulch. <br /> ■ Phase 4 would be 100% mined and 100% reclaimed. This phase will be mined at the final <br /> shoreline reclamation slope(3H:1V). This phase will require final grading, topsoil <br /> placement, seed and mulch. <br /> ■ The slurry wall is proposed to be installed prior to exposure of groundwater. Therefore we <br /> request the option for 20% bonding of this cost. The slurry wall design, specifications, and <br /> quality assurance plan will be approved through a technical revision process prior to <br /> exposure of groundwater in the pit. <br /> Please refer to the attached table for estimates of quantities and associated costs. <br /> Bestway Concrete&Aggregates—Lupton Meadwos Gravel Mine—MLRB 112 Permit Application <br /> Exhibit L-1 <br />