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RECE{VED <br />JAN 19 2006 <br />EXHIBIT L <br />Divisi°n°fMineralsandGeol°gy RECLAMATION COSTS <br />Reclamation costs as herein presented are for the initial financial warranty to be required for the initial <br />disturbed azea in the NORTH QUARRY'S FixSrBENCx access, extraction, and processing operations <br />areas where disturbance will be confined for the first few years. Additional units, or shots, shall be added <br />to the bond as the need for their extraction approaches. Such warranted disturbance area shall accumulate <br />until all three benches of the NORTH QUARRY aze completely extracted before reclamation can be <br />performed and the bond reduced. <br />DIRECT COST <br />JOB LOCATION JOB DESCRIPTION & EQUIP HAUL DISTANCE 8 CALCULATIONS JOB <br /> COST <br />Ex[tac. Shot Ateas EARTHWORK: Grade & smooth pit (385'x 230') + (245'x 230') =1.449a10°f3 <br />"1 a 11 (pre-quarry floor & pros yard. 1.449x10°f° x O.Sf = 27f 3/ac = 2,686cy <br />incl.) [3.33ac] Cat D-8N Bullda~zer 2,686cy @ 20.3¢/cy = $ 545 <br /> EARTHWORK: Dispose processed & 100E maximum haul, Est worst case 15,000cy <br />~+ raw product @ highwall tce (back- 15,000cy @ 20.3¢/cy = 3,045 <br /> wall grade reduction) <br /> Cat D-8NBulldozer <br />RipRap spill-down, EARTHWORK: Rip-loosen, Bade, & 1.36ac x 43,5601II/ac x 1.Of= 27f'/ac = 2,194cy <br />sort & pile yard smooth yazd area 2,194cy @ 20.3¢/cy = 445 <br />[1.36 ac] Cat I)ti8N Bulldozer <br />ScaleHorrse Yard EARTHWORK: Rip-loosen, Bade, & 0.52ac x 43,560t"/ac x 1.Of= 27f'/ac = 839cy <br />[0.52 ac] smooth yard. Cat D-8N Bulldozer 839 20.3¢( = 170 <br />Access Road to N/A - precxis[ing access road to be <br />Excavation Areas maintained and left intact for <br /> continued full-width access <br />24-ft Excavation EARTHWORK: Rip-loosen, grade, & 12f x 903E x O. Sf = 27f'/ac = 201cy <br />Area acxess trail smooth one 12-ft lane. 201cy @ 20.3¢/cy = 41 <br />Obliterate half Cat D-SN Bulldozer <br />[0.25 ac] <br />Disturbed area FENCING: Tem Perimeter 2,918 ff $2.38/ ff = 6,945 <br /> Direct Cost Sub-Total: 11,191 <br /> Mobilization 5°h: 560 <br /> <br />Total: $11,751 <br />INDIRECT COST @ 12.6%of DuedCost (1.55%Liability Inscrrance, 1.05%Performance Bond, 10%Profit) + 1481 <br />RECLAMATION PROJECT CONTRACT (Direct & Indirect Costs) <br />D.M.G. ADMIN COST (@ 5% of Conhact) <br />PERFORMANCE WARRANTY AMOUNT (Initial ) <br />$13,232 <br />+ $662 <br />$13,894 <br />1HYM0° -30- 1af0111 Appl NINlhMAR3H SAN0.STONE <br />