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EXHIBIT L <br /> RECLAMATION COSTS (revised 6125/2020) <br /> The following information is provided to evaluate the amount <br /> of bond needed when mining has reaches a point where L.G. <br /> Everist, Inc . has Phases 1, lA and 3 disturbed in some form or <br /> another. The numbers presented for each Phase are based on what <br /> is estimated to be disturbed at the time when mining has impacted <br /> much of those areas . At this mine, it will not be necessary to <br /> import fill material to complete reclamation in Phase 1A, as <br /> discussed in the Mining Plan. The RECLAMATION ACTIVITIES table <br /> below shows the various items needed to reclaim the initial 3 <br /> phases once full production is taking place in that area . In <br /> this scenario : <br /> The first 4 tables are used in the Bond Cost Estimate but <br /> each Phase represents the total cost to reclaim that Phase less <br /> any activity that is not part of the Working Bond estimate for <br /> this time period in the mine . The Floating Table has the costs <br /> that will float from one Phase to the next as mining progresses . <br /> The primary costs are the staging of the Bank Armoring in 1000 <br /> foot segments with a minimum of 2350 cubic yards of concrete <br /> rubble stockpiled within 500 feet of the placement area, the <br /> stripped area in front of the working face, yearly weed control <br /> and final grading of a 2600 foot long working face using a <br /> cut/fill method (5 . 65 cy/lft) . No dewatering cost is included <br /> since we presume that the liner in Phase 1 will effectively seal <br /> the mined area, so no dewatering is needed. <br /> In Phase 1A, the slope will be mined 3h to lv so no <br /> underwater sloping will be needed and this Phase can be <br /> backfilled, without pumping the water, to a point 2 ft above the <br /> average ground water table . No ground water will be exposed in <br /> Phase 3 while it is being used as the plant site area, so no <br /> slurry wall will be installed until mining is planned for that <br /> area. <br /> Phase 1 is the active mining area . The cost to reclaim <br /> would include all items shown in the Table for that Phase, less <br /> the total armoring . As mining progresses, the items in the <br /> Floating Costs table come into play. There are 30 acres stripped <br /> in front of the working face that is 2600 ft long (5 . 65 yds/lft) <br /> cut/fill sloping) . <br /> All other slopes will be finished and armoring installed as <br /> L.G.Everist,Inc. Ragsdale Reservoirs June 25,2020 <br /> L-1 <br />