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<br /> <br /> <br />Exhibit L <br />Reclamation Costs <br />EMPIRE PIT <br />It is anticipated that costs of reclaiming the affected lands will be com- <br />paratively low since the primary method of reclamation consists of allowing <br />groundwater to fill the mined out pits. <br />Approximately eleven (11) acres of land located between Phase I and Phase II <br />area will not be mined, and will not be under water upon completion of the <br />mining. This area and the shoreline areas will be the only affected land <br />requiring topsoil and reseeding. The total acreage involved will probably <br />not exceed the following: <br />Operations area <br />West pond <br />Shoreline length = 7800' <br />Reclaim width x 50' <br />Pasture Area <br />= 11 acres <br />= 9 acres <br />= 13 acres <br />Total = 33 acres <br />Assuming an average cost of $500 per acre for hauling and placing topsoil <br />and reseeding using a tractor pulled seed drill, the total reclamation cost <br />should be approximately: 33 acres x $500/acre = $16,500 <br />