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C7 <br />~ EXHIBIT L - RECLAMATION COSTS <br />The maximum disturbance at any one time is when 1 phase is being <br />mined and another has yet to be reclaimed. This could not exceed <br />ten acres. Since no surface material is proposed for storage, the <br />only reclamation items needed would be revegetation and some minor <br />grading to smooth the contours. Below is our estimate of such <br />~ expenses: <br />Mobilization - $ 500 <br />Minor Grading, 10 acres @ $100/acre - $ 1,000 <br />Revegetation, 10 acres @ $150/acre - $ 1,500 <br />Sub-total $ 3,000 <br />~ . <br />15% Administration/Contingencies $ 450 <br />TOTAL BOND REQUIREMENT <br /> <br /> <br />,~ <br /> <br /> <br /> <br />$ 3,500 <br /> <br />