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EXHIBIT L- RECLAMATION COSTS <br /> The information provided in this Exhibit is intended to satisfy the requirements outlined in Section <br /> 6.4.12 of the Colorado Mined Land Reclamation Board Construction Material Rules and <br /> Regulations: <br /> Slurry walls will be installed before mining at the site begins. After the slurry walls have been <br /> installed the initial stages will be mining out the Siltation Pond and Freshwater Pond to establish <br /> the plant. Since the commencement of mining operations and establishing the plant is expected to <br /> take multiple years reclamation costs have only been provided for the slurry walls and the initial <br /> stages at the site. <br /> Please refer to the attached table for estimates of quantities and associated costs. <br /> Hunt Water,LLC—Gravel Mine—MLRB 112 Permit Application <br /> Exhibit L-1 <br /> Page 39 of 126 <br />