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EXHIBTT L <br />RECLAMATION COSTS <br />23 ROAD PTT <br />AMENDMENT #3 <br />Permit # M-79-089 <br />Reclamation costs aze based on reclaiming a 5 acre mind azea and a 5 acre processing <br />site. These costs are in addition to the existing reclamation costs. <br />1. Topsoil Processing Site: 4100 C.Y. @$1.50-------------------------------$6,150.00 <br />2. Backfilling-25,000 C.Y. @ $1.00------------------------------------------$25,000.00 <br />3. Seeding-8 Acres @ $600.00---------------------------------------------------$4,800.00 <br />4. Mobilization LS-----------------------------------------------------------------$3, 500.00 <br />Subtotal: $39,450.00 <br />Insurance and Bonding-2.6%-------------------------------------°-------------$1,026.00 <br />$40,476.00 <br />Reclamation management and administration-5%---------------------------$2,024.00 <br />TOTAL RECLAMATION COST: $42,500.00 <br />