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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 active <br /> mining area of 15 acres or Phase 1. As stated in the Reclamation Plan, reclamation will <br /> occur concurrently with mining. <br /> DIRECT COSTS <br /> TASK LIST <br /> Task <br /> # Description Task Hours Cost <br /> 001 Grade staging area 0.5 $ 620.25 <br /> Spread 7 inches of plant growth material on up to 2 <br /> 002 acres 1 $ 150.00 <br /> 003 Final grading of plant growth material on up to 2 acres 2 $ 289.00 <br /> 004 Reve etate up to 2 acres 40%estimated failure rate 3.5 $ 3,634.08 <br /> 005 Mobilization and demobilization 1 $ 100.00 <br /> SUBTOTAL $ 4,793.33 <br /> INDIRECT COSTS <br /> OVERHEAD AND PROFIT <br /> Liability insurance: 2.02% $ 96.83 <br /> Performance bond: 1.05% $ 50.33 <br /> Job superintendent 10 hours $ 750.00 <br /> Profit: 10% $ 479.33 <br /> CONTRACT AMOUNT(DIRECT AND O&P) $ 6,169.82 <br /> LEGAL-ENGINEERING-PROJECT MANAGEMENT <br /> Engineering work and/or contractlbid preparation 0.00% $ - <br /> Reclamation management and/or administration 5.00% $ 308.49 <br /> TOTAL BOND AMOUNT $ 6,478.31 <br /> 9 <br /> Revised February 10, 2017 <br />