2021-02-11_REVISION - X202023203

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Lorencito Canvon Notice of Intent Amendment Table 4: Estimated Direct Cost BondiRequirements Hole no. Mud Pits Regrade Pads Reseed Pads Regrade New Roads Reseed New Road Seal and Plug Holes Move Site to Site Estimated Total Cost LC-01-20 $200.00 $288.00 $22.00 $19.20 $10.80 $1,520.40 $500.00 $2,560.40 LC-02-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,701.40 $500.00 $2,716.36 LC-03-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,954.80 $500.00 $2,969.76 LC-04-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,429.90 $500.00 $2,444.86 LC-05-20 $200.00 $288.00 $22.00 $6.40 $3.52 $1,900.50 $500.00 $2,920.42 LC-06-20 $200.00 $288.00 $22.00 $8.00 $4.40 $1,140.30 $500.00 $2,162.70 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 $5,637.90 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 $2,497.80 $500.00 $3,515.24 LC-11-20 $200.00 $288.00 $22.00 $3.20 $1.76 $2,407.30 $500.00 $3,422.26 LC-12-20 $200.00 $288.00 $22.00 $4.80 $2.64 $2,950.30 $500.00 $3,967.74 LC-13-20 $200.00 $288.00 $22.00 $3.20 $1.76 $1,647.10 $500.00 $2,662.06 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 $362.00 $500.00 $1,376.96 Total $3,200.00 $4,608.00 $352.00 $86.40 $47.76 $31,892.20 $8,000.00 $48,186.36 Table 5: Estimated Total Bonding Re uirements Direct costs $48,186 Mobilization and demobilization of dozer ($800 x 16 holes) $12,800 Job Superintendent (90 hours x 52.10 hr) $8,336 13.07% of direct cost (includes profit, insurance, bond) $6,298 Subtotal (contract amount) $75,620 Engineering (425% of contract) $3,214 Reclmation Management (5% of contract) $3,781 Total Bond Requirement $82,615 15 2020 Exploration Program 2/11/2021