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Determination of Bond Amount - Reclamation Cost Estimate (RCE) <br />The attached RCE represents worst case scenario for the current permit term. The reclamation <br />costs included herein were generated during the RN -07 application review for the current permit <br />term. Since the RCE for RN -07 was generated, New Horizon has received approval for SL -19 <br />which resulted in a decrease to the total reclamation liability. All RCE documents are contained <br />herein to document the total required reclamation liability for the current permit term. <br />Reclamation Cost Estimate Summary <br />Permit Action Change in Bond Amount Total Bond Amount <br />RN -07 N/A $4,263,799.39 <br />SL -19 ($611,158.70) $3,652,640.69 <br />Current Total Liability ($611,158.70) $3,652,640.69 <br />Section 3.02.2 Page 1 July 2018 (TR -84) <br />