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EXHIBIT L RECLAMATION COSTS <br />This reclamation cost estimate in based on the assumption <br />that there will be no more than 41.30 acres t in the mine that <br />needs some form of reclamation. Since the final reclamation plan <br />calls for have the floor of the mine graded for use as commercial <br />area no topsoilnq and revegetation is necessary on 24.17 acres. <br />In this calculation, we have used a time period in the not too <br />distant future to calculate the bond. The activities that would <br />be necessary at the time, are grading and shaping the mine floor, <br />dozing 5 benches on the mine face, resoilinq the benches with 12 <br />inches of growth medium and seeding the bench surfaces. Trees <br />would then be planted on the benches. We have also included <br />hauling costs to remove miscellaneous equipment and scrap from <br />the site. <br />The method used to revegetate the benches will remain as <br />currently permitted. This is an attempt to set the bond so there <br />is flexibility to operate without reevaluating the bond yearly. <br />According to this scenario, we will have to respread 25,620 <br />cubic yards of soil; do 244,444 cubic yards of cut work on the <br />benches; and revegetate 15.88 ac. ±. The table below outlines <br />the various areas of disturbance at that time. The amount of <br />soil that will be re-spread is based on an average of 12 inches. <br />Our cost estimate to do all of the shaping and soiling in this <br />cost estimate is based on using a D-8N dozer for the cut work; a <br />988 loader for resoilinq, and a 140G Blade to shape and grade the <br />mine floor, but the actual equipment used by the permittee may <br />differ. The revegetation cost figure includes grass seed, mulch, <br />chemical fertilizer (ammonium nitrate & superphosphate) and <br />drilling costs. <br />The volume of fill to create benches was found by figuring 5 <br />benches, 1100 feet long, 40 feet wide and moving 30 feet of broke <br />rock needed to be done. <br /> STAGE IuNITS Ac., <br />LFT, CU OR PIECES) <br />RECLAMATION ACTIVITY I Y TOTALS <br />REBOIL 15.88 0.00 15.88 <br />REVEGETATE 15.88 0.00 15.88 <br />UNROADABLE & SCRAP <br />LOADS 35 0 35 <br />BENCH AREAS 244444 0 244444 <br />ROADS 1.17 0.25 1.42 <br />COMMERCIAL AREA 24.17 1.05 25.22 <br />TREES 260 260 <br />30 <br />