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EXHIBIT L <br /> (C.3) Task Cost - Ore and Overburden Replacement <br /> Ore and overburden replacement. The scraper may be substituted with wheeled loader,haul truck and dozer at <br /> a similar cost. Based on 15 acres disturbance with 20,000 tons average per acre. <br /> SCRAPER TEAM WORK <br /> Overburden replacement and grading of mining phases <br /> HOURLY EQUIPMENT COSTShift basis: 1 per day <br /> Equipment Description <br /> -Scraper: Cat 637G <br /> -Dozer: NA <br /> Support Equipment-Load Area: Cat D8T-8SU <br /> -Dump Area: Cat D8T-8SU <br /> Road Maintenance—Motor Grader: NA <br /> -Water Truck: NA <br /> Cost Breakdown: Scraper Work Team Support Equipment Maintenance Equipment <br /> Scraper Dozer Load Area Dump Area Motor Grader Water Truck <br /> %Utilization-machine: 100 NA 100 100 NA NA <br /> Ownership cost/hour: $194.42 NA $124.63 $124.63 NA NA <br /> Operating cost/hour: $221.56 NA $98.71 $98.71 NA NA <br /> %Utilization-ripper: NA NA NA NA NA NA <br /> Ripper own.cost/hour: NA NA $0.00 $0.00 NA NA <br /> Ripper op.cost/hour: NA NA $0.00 $0.00 NA NA <br /> Operator cost/hour: $37.03 NA $49.48 $49.48 NA NA <br /> Unit Subtotals: 453.02 NA $272.83 $272.83 NA NA <br /> Number of Units: 1 0 1 1 0 0 <br /> Group Subtotals: Work: $453.02 Support: $545.66 Maint: $0.00 <br /> Total work team cost/hour:$998.68 <br /> MATERIAL QUANTITIES <br /> Initial volume: 9,999 CCY Swell factor: 1.000 <br /> Loose volume: 9,999 LCY <br /> Source of estimated volume: 72"x 75'x 600'strips <br /> Source of estimated swell factor: Cat Handbook <br /> HOURLY PRODUCTION <br /> Scraper Bowl(volume)Basis: <br /> Material weight: 3,400 Ibs/LCY Struck Volume: 24.00 LCY <br /> Material description: Sand and gravel -Wet Heaped Volume: 34.00 LCY <br /> Rated Payload: 81,600 pounds Average Volume: 29.00 LCY <br /> Payload Capacity: 24.00 LCY Adjusted Capacity: 24.00 LCY <br /> 88 <br /> HARDROCK/METAL MINING REGULAR(112)APPLICATION Au Pt Industries LLC I PO Box 1424-Edwards,Colorado 81632 1970 306 1 784 <br />