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EXHIBIT L BOND CALCULATION SCENARIO <br /> The worst-case reclamation scenario at the Skelton Pit will be once the maximum disturbance <br /> area of 13 acres has been developed. This will be roughly halfway through the life of the mine. <br /> Mining operations will move through the site, staying in the active area. Reclamation consists of <br /> regrading, topsoiling, and vegetating as well as removing the stormwater berm and sump. A <br /> detailed breakdown of reclamation tasks can be seen below. <br /> Table L-1 Phase 2 Reclamation Task and Cost Estimate <br /> Activity Description Time Quantities <br /> FF <br /> NOW <br /> ee <br /> / �/// i%:: <br /> Topsoiling of all disturbed areas(13 1 15,730 CY 1.50 $23,595 <br /> acres)to an average depth of 9 inches. <br /> IN <br /> RIF <br /> Subtotal 12 $99,695 <br /> Total Bond Amount $127,610 <br /> Skelton Pit <br /> January 2022 L-1 Lewicki&Associates <br />