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EXHIBIT L WORST CASE RECLAMATION SCENARIO <br /> Mining at the Fetcher Vale Pit will mine an additional 11.8 acres of land. Given the length of <br /> time it will take to mine this entire site (>12 years), the operator will not phase the operation and <br /> the bond. The current bond is $171,100.00. <br /> In addition to the bond posted as of September 2017,the following reclamation tasks will be <br /> required. <br /> • Mobilization of equipment<45 miles= $6,000.00. <br /> • Active highwall area backfilling= 0.51-1:1 V to 31-1:1 V slope; area 2,875 ft2 multiplied by <br /> the 300 ft highwall length, at 27 CF/CY= 31,944 CY at$1.50/CY=$47,916.67. <br /> • Topsoiling of the active mining face and pit floor— 16.5 acres at 8 inches deep= 17,569 <br /> CY at$1.50/CY= $26,353.50. <br /> • Irrigated pastureland revegetation of the remaining 16.5 acres disturbed area. 16.5 acres <br /> at$850/acre= $14,025.00. <br /> Table L-1 Expansion Reclamation Task and Cost Estimate <br /> Activity Description Time(Months) Cost($) <br /> Mobilization <45 mile 1 6,000.00 <br /> Active highwall backfilling 3 47,916.67 <br /> Topsoiling of all disturbed areas 2 26,353.50 <br /> Revegetation of disturbed areas. Includes seeding and mulching. 1 14,025.00 <br /> Subtotal 7 $94,295.17 <br /> DRMS Costs(28%x direct costs) $26,402.65 <br /> Final Reclamation Bond Amount $120,697.82 <br /> The final reclamation bond amount should be set at$120,697.82. <br /> Fetcher Vale Pit <br /> May 2018 L-1 <br />