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1 <br />1 <br />RECLAMATION COSTS <br />EXHIBIT L <br />' Financial warranty will be provided under CRS 1973, Section <br /> 34-32-117(3)(a)(VII), one of the self-insurance statutes. <br />' The largest consecutive reclamation phases are Phases 2 <br /> and 5. Reclamation costs ar e set on the assumption that the <br /> th <br />t d <br />i <br />h <br />ill <br />i <br /> largest amount of disturbed e <br />ur <br />ng <br />at w <br />ex <br />s <br />area t <br />' life of the mine will be at the moment when Stage 5 is at the <br /> end of mining and Stage 2 is approximately 65 percent mined out. <br />' Using these assumptions, are as for these two phases are <br /> calculated as follows: <br />1 <br /> Numb er of Acrec +/- <br /> Phase Slope Floor Revegetation Total <br />' 2 30.32 16.98 47.30 47.30 <br /> 5 13.02 8.97 21.99 21.99 <br /> TOTAL 43.34 25.95 69.29 69.29 <br /> Thus, of the 69.29 acres in these two phases, 43.34 acres will be <br />' slopes and 25.95 acres will be relatively flat floor area. Since <br />' backfill will be continuous with the mining operation only, <br /> approximately 3.8 and 3.0 acres in Phases 2 and 5 respectively <br />' will require additional backfilling. Soils and spoils <br /> respreading, as well as all vegetation procedures, will be <br />' required on 30.70 and 21.99 acres in Phases 2 and 5 respectively <br />' for a total of 52.69 +/- acres. <br /> Our estimate of costs f or the various reclamation items are <br />' as follows: <br />1 <br />' 50 <br />