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CIK Milling Company,LLC <br /> Penn Mine / Lake County, Colorado <br /> Reclamation Activities: <br /> Task 1—Mob/Demob. $2,000. Mobilize and demobilize contractor. <br /> Task 2 - Prepare Mulch. $4,471. Trees removed from the surface material removal project will be <br /> mulched for reclamation.The trees are not mature and will make nice mulch. <br /> • For the purpose of this estimate, it is estimated that each tree will yield 4yd3 (on the high side) of <br /> mulch and that mulch will be spread 3-inches-thick over the disturbed area. Given these <br /> assumptions, approximately 4,000yd3 of mulch (or 1,000 trees) will be prepared. It is important <br /> to note that seeding will be done mostly on native topsoil that was covered by vein dump material <br /> and should contain adequate organic material to support plant growth. The Mulch will <br /> supplement this material. In practice, the available trees felled, will be spread evenly on the <br /> disturbed areas, excluding the roads. <br /> Task 3 — Prepare & Seed Disturbed Area. $11,699. To achieve approximate original contours after <br /> mining, it is estimated that 1 yd3 of material will need to be moved over 3 ydz of area. <br /> • Grade 16,500yd3 with dozer. <br /> • Harrow 10 acres with dozer. <br /> • Purchase seed. Assume 100 Ibs required. 9.45lb/acre x 10.12 acre = 95.61b. Vendor quote for <br /> seed discussed in 5.1.3 is$242/10-lb bag. <br /> • Drill 10 acres with seed. <br /> Indirect Costs: <br /> Indirect costs include provisions for; <br /> • Insurance—2.5% <br /> • Performance bond—1.5% <br /> • Contractor profit—15% <br /> • Project management—10% <br /> Estimate Inputs: <br /> The estimate assumes fully burdened equipment operator labor rate of $39.00/hr, assistant labor of <br /> $18.00/hr and diesel fuel cost of$3.75/gallon. Reclamation seed mix as quoted by Southwest Seed Co. is <br /> $242 per 10-lb bag. <br /> Reclamation Cost Estimate: <br /> The reclamation cost estimate of$23,439 is shown in Table 5-3. <br /> Initial Application / March 2021 5-5 <br />