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<br /> <br /> EXHIBIT L <br /> RECLAMATION COSTS <br /> Reclamation costs are based on the assumption that no more than a <br /> total of 30 acres in both stages will be involved in the m ining process <br /> at any one time. Also, ap proximately 2 acres and 3 acres in Phases lA <br /> and 1B, respectively, will be used for roads and will only be partially <br /> disturbed. <br />` The estimates of costs for the various items are as follows: <br /> Grass Seed hfix <br />88H S <br />i <br />h <br />h <br />q $16/acre <br />27 <br /> ate/acre) <br />zer (86 <br />Urea + <br />uper P <br />osp <br />Fertil /acre <br />$ <br /> hfulch (straw) $50/acre <br /> Backfilling with dozer $.38/cu.yd. <br /> Respreading soil with scraper $.59/cu.yd. <br /> Seed mixture drilling, fertilizing, mulching <br /> and labor $110/acre <br /> Reclamation and Reseeding <br /> Grass, fertilizer and mulch $93/acre x 35 acres $3255.00 <br /> Drilling, fertilizer, etc. $110/acre x 35 acres $3850.00 <br /> Backfilling 20,000 cu.yd. @ $.38/cu.yd. $7600.00 <br /> Respreading soils 10,000 cu.yd. @ $.59/cu.yd $5900.00 <br /> 'I'0'1'AL 20,605.00 <br />~, <br />i~ <br />i~ <br />i~ <br />i~ <br />Recommend that Bond be set at $21,000. <br />-.i7- <br />