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Ref. Page No.M2009-006 00117 <br /> 6.4.12 EXHIBIT L-Reclamation Costs <br /> Reclamation cost estimates are described in the attached. The reclamation cost estimates <br /> account for costs assumed as of the date of this Application (i.e. these do not assume any <br /> future inflationary costs). Reclamation cost estimates are shown for each reclamation <br /> phase based on the estimated input cost calculations for the reclamation plan as if <br /> completed at the same point in time. Total reclamation costs and anticipated reclamation <br /> task estimates are included in this Exhibit L. <br /> Based on the assumptions for reclamation as detailed in the attached,the reclamation cost <br /> estimate is summarized below: <br /> Total Direct& Indirect Costs for Bonding: $290,185.00 <br /> PHASE 1 - Reclamation Cost Estimate: $86,137.11 <br /> PHASE 2- Reclamation Cost Estimate: $47,102.16 <br /> PHASE 3- Reclamation Cost Estimate: $156,945.73 <br /> Rest of page intentionally left blank. <br />