2020-10-02_APPLICATION CORRESPONDENCE - X202023203 (8)

Home Browse Search

Lorencito Canyon Notice of Intent Table 4: Estimated Direct Cost Bonding Requirements Hole no. Regrade Reseed Regrade Reseed Seal and Move Site Estimated Mud Pits Pads Pads New Roads New Road Plug Holes to Site Total Cost LC-01-20 $200.00 $288.00 $22.00 $4.80 $2.64 $1,520.40 $500.00 $2,537.84 LC-02-20 $200.00 $288.00 $22.00 $3.20 $1.76 $2,215.44 $500.00 $3,230.40 LC-03-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,281.48 $500.00 $2,296.44 LC-04-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,415.42 $500.00 $2,430.38 LC-05-20 $200.00 $288.00 $22.00 $6.40 $3.52 $1,869.88 $500.00 $2,889.80 LC-06-20 $200.00 $288.00 $22.00 $8.00 $4.40 $1,133.06 $500.00 $2,155.46 LC-07-20 $200.00 $288.00 $22.00 $4.80 $2.64 $923.10 $500.00 $1,940.54 LC-08-20 $200.00 $288.00 $22.00 $8.00 $4.40 $4,615.50 $500.00 $2,126.50 LC-09-20 $200.00 $288.00 $22.00 $3.20 $1.76 $2,117.70 $500.00 $3,132.66 LC-10-20 $200.00 $288.00 $22.00 $4.80 $2.64 $2,494.18 $500.00 $3,511.62 LC-11-20 $200.00 $288.00 $22.00 $3.20 $1.76 $2,396.44 $500.00 $3,411.40 LC-12-20 $200.00 $288.00 $22.00 $4.80 $2.64 $3,000.98 $500.00 $4,018.42 LC-13-20 $200.00 $288.00 $22.00 $3.20 $1.76 $4,832.70 $500.00 $2,531.74 LC-14-20 $200.00 $288.00 $22.00 $3.20 $1.76 $2,823.60 $500.00 $3,838.56 LC-15-20 $200.00 $288.00 $22.00 $4.80 $2.64 $1,900.50 $500.00 $2,917.94 LC-16-20 $200.00 $288.00 $22.00 $3.20 $1.76 $376.48 $500.00 $1,391.44 Total $3,200.001 $4,608.00 1 $352.00 1 $72.00 1 $39.60 1 $34,916.86 1 $8,000.00 1 $51,188.46 Table 5: Estimated Total Bonding Requirements Direct costs $51,188 Mobilization and demobilization of dozer($800 x 16 holes) $12,800 Job Superintendent(160 hours x 52.10 hr) $8,336 13.07%of direct cost(includes profit, insurance, bond) $6,690 Subtotal (contract amount) $79,015 Engineering (4.25%of contract) $3,358 Reclamation Management(5%of contract) $3,951 Total Bond Requirement $86,324 15 2020 Exploration Program 9/28/2020