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REGULAR (112) OPERATION CONVERSION APPLICATION <br />JESSE LEE PIT <br />CHAFFEE COUNTY, COLORADO <br />APPLICANT: PELINO, INC. <br />EXHIBIT E <br />RECLAMATION PLAN <br />Page 2 of 2 <br />Phase IV is the pit floor. This area will be ripped as needed to eliminate compaction. All other <br />aspects of reclamation will be the same as in Phases II & III. <br />As stated in the Mining Plan, the life of this mine is anticipated to be through 2015. <br />Reclamation of Phase I is expected to be complete in 2008. <br />Reclamation of Phase II is expected to commence in 2007 and be complete in 2009. <br />Reclamation of Phase III will commence as the slope is cut to grade and the azea can be left <br />undisturbed. This may occur on a portion of the northerly slope as early as 2008, but for most of <br />the slope, reclamation would not be able to occur before 2012. Completion will be prior to 2015. <br />Reclamation of Phase IV, the pit floor, will again commence when the azea is cut to grade and <br />can be left undisturbed. Due to the area requirements for crushing, screening and stockpiling, we <br />are not yet sure if there will be room for any eazly reclamation in easterly portions of this azea. If <br />not eazlier, reclamation will begin in this azea in 2013 and be complete in 2015. <br />