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EXHIBIT L—Reclamation Costs <br /> The reclamation bond of$71,257.00 calculated by DRMS on April 22, 2022 with the Succession of Operator application <br /> is sufficient to complete reclamation at this site. <br /> COST SUMMARY WORK <br /> Task description: Reclamation Cost Estimate <br /> Permit Action: 2022-04-22 SO-01 <br /> Site: Gray Pit#1 Update Permit/Job#: M2003092 <br /> PROJECT IDENTIFICATION <br /> Task#: 000 _ _ State: Colorado _ Abbreviation: None <br /> Date: 4/22/2022 County: Montrose Filename: M092-000 <br /> User: DMC <br /> Agency or organization name: DBMS _------ <br /> TASK LIST(DIRECT COSTS) <br /> Form Fleet Task <br /> Task <br /> _ Description Used _ Size Hours Cost <br /> 01 a Reduce hi hwalls to 211: IV DOZER 1 17.39 $5,702 <br /> 02a Rip the pit floor RIPPER 1 8.63 $2,930 <br /> 03a Tops il 20 acres DOZER 1 22.35 $7,331 <br /> 04a Reve etate steeper slopes REVEGE 1 3.00 $5,487 <br /> 04b Reve etate pit floor/operations area REVEGE 1 3.00 $32,881 <br /> 05a Mobilize to the site MOBILIZE 1 2.50 $3,456 <br /> SUBTOTALS: 56.87 $57,787 <br /> INDIRECT COSTS <br /> OVERHEAD AND PROFIT: <br /> Liability insurance: 2.02 Total= $1,167 <br /> Performance bond: 1.05 Total= $607 <br /> Job superintendent: 28.44 Total= $2,048 <br /> Profit: 10.00 Total= $5,779 <br /> TOTAL O&P= $9,601 <br /> CONTRACT AMOUNT(direct+O&P)_ $67,388 <br /> LEGAL-ENGINEERING-PROJECT MANAGEMENT: <br /> Financial warranty processing(legal/related costs): $500 Total= $500 <br /> Engineering work and/or contractibid preparation: 0.00 Total= $0 <br /> Reclamation management and/or administration: 5.00 $3,369 <br /> CONTINGENCY: 0.00 Total= $0 <br /> TOTAL INDIRECT COST= $13,470 <br /> TOTAL BOND AMOUNT (direct+ indirect) = $71,257 <br />