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EXHIBIT L <br />' RECLAMATION COSTS <br />' Th <br />i <br />i <br />f <br /> e m <br />n <br />ng o <br />two substances from the same lease but from different <br /> areas will change substantially the maximum area disturbed at the <br />' moment oY greatest disturbance. Reclamation co sts are estimated <br /> assuming that (1) the greatest area of disturbance that will exist <br />' during the life of the mine is 45.00 acres ±, (2) no mote than <br /> 30.00 acres ± will need to be resoiled at any g iven time, (3) no <br />' more than 24,200 cubic yards of topsoil will need to be spread, (4) <br /> no more than 30.00 acres will need to be reseeded and (5) the side <br />' sloping will be done as mining progresses. <br /> Estimated costs for reclamation items are outlined below: <br />1 <br /> Grass seed mix, 14.10 lbs./ac.@ $10.25/lb. S 144.53 <br /> Fertilizer mix, 200 lbs. @ $16/100# 32.00 <br />' Labor for seed drilling and fertilizing-- <br /> B hrs/ac @ $13/hr 104.00 <br /> Labor, other--16 man hrs @ $6.50/hr 104.00 <br />' TOTAL PL ANTII3G COSTS PER ACRE $ 384.53 <br /> Discing, 2 hrs/ac @ $50/hr 100.00 <br /> Respreading soil, maximum haul less than <br />' 500 ft (1 ac x 43560 x 10 in./12 in.)/27 = <br /> 1344 cy/ac x $.60/cy 806.40 <br />' Grading and shaping 4 hrs./ac. @ $60/ac 240.00 <br /> RECLAMATION COSTS <br />' Respreading soil, 30.00 ac @ $806.40 $ 24,192.00 <br /> Revegetation, 30.00 ac @ $384.53 11,535.90 <br /> Grading and shaping, 10.00 ac @ $240.00 2,400.00 <br /> Discing, 30.00 ac @ $100/ac 3,000.00 <br /> TOTAL $ 41,127.90 <br /> SUGGEST BOND BE SET AT $ 41,000 <br /> <br />1 <br />' 27 (revised) <br /> <br />