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<br />New Elk Mine <br />Technical Revision 36 <br />Bond Summarv <br />The following cost estimates are based on Basin's contract work <br />conducted during the 1994 exploration program. <br />1. Regrade Drill Pads and Disturbed areas: <br />These facilities will be constructed on currently <br />disturbed areas. Regrading of these areas is <br />already included in the current bond calculations <br />for the mine site .............................$ 0. <br />2. Reseed Drill Pads and Disturbed areas: <br />Included in current bonding ....................$ D. <br />3. Cementing Cased Holes: <br />Assume worst case bottom to top. <br />Total footage: 2,00 ft. max. <br />Hole (Casing) diameter: 4 inches ID <br />Number of holes: 17 <br />a) Cement Grout: (Estimated footage) <br />20 ft. in each hole <br />340 ft x $1.05/ft ..............$ 357. <br />b) Drill rig, water truck, & labor: <br />24 hrs x $135./hr ..............$ 3,240. <br />c) Haul water: 3 trips x $50./trip..$ 150 <br />e) Marker: 17 markers x $12......... $ 204. <br />Labor: 1 man x $15./hr x 8 hrs..$ 120. <br />Cement:l7 sacks x $7./sack........$ 119. <br />f) Water cost:$25./load x 3 loads...$ 75. <br />Total Cost: (a + b + c + d + e + f) ...............$ 4,265. <br />4. PVC Removal and Trench Backfill <br />1000 ft. @ $1.40/lf ............................$ 1,400. <br />5. Demolition and Removal of Structures. <br />a) Removal of equipment and surface piping <br />Load and truck off site .................$500. <br />b) Remove and haul concrete pads. <br />Excavator 2 hr. @ $100/hr ...............$200. <br />Dump truck 2 hr. @ $45/hr ...............$ 90 <br />Total Cost: (a + b) ................................$ 790. <br />