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FiECEIVE® <br />JUL 19 2006 <br />HARDSHIl'LODE <br />Division ~f Minerals and Geology <br />EXHIBIT L- RECLAMATION COSTS <br />(1) As stated in the reclamation plan, benches and slopes will be graded <br />as part of the mining operation. Mining will be executed by ripping <br />material and pushing. Slopes will be ripped in the final grading <br />process in preparation for the topsoil. Based on this, the reclamation <br />cost would include topsoil replacement, grading, fertilizing and <br />seeding. Note on the reclamation plan map, topsoil stockpile areas <br />are situated to minimize haul distances with a wheel loader for <br />placement. <br />Topsoil Placement-Based on 1000 cubic yards per acre. Cat 980 wheel <br />loader with 6.5 cy bucket at $125.00 per hour. <br />153 cycles= 1000 cy <br />1.5 minute cycle= 102 minutes= 1 hour 42 minutes <br />1.66 hours x $125.00 per hour = $207.50 acre topsoil placement <br />Topsoil Spreading <br />Cat D8 Dozer at $140.00 per hour. 2 hours per acre = $280.00 per acre. <br />Hay mulch 2 ton acre = $100 per ton = $200.00 per acre. <br />Fertilizer 10 pounds Nitrogen and 40 pounds Phosphate <br />50 pounds fertilizer per acre at $260.00 ton = $6.50 per acre. <br />Seed cost per Arkansas Valley Seed = $35.00 per acre <br />Drill seed and fertilizer application = $70.00 per acre <br />Total Topsoil Placement/Spreading/Seeding $799.00 per acre <br />Mobilization <br />Cat D8-Truck & Lowboy. 3 hours at $90.00 per hour = $270.00 <br />Cat 980 Loader-Truck & Lowboy. 3 hours at $90.00 per hour = $270.00 <br />Seeder & Harrow-Truck & Trailer. 3 hours at $50.00 per hour = $150.00 <br />Demobilization <br />Cat D8 Dozer-Truck & Lowboy. 3 hours at $90.00 per hour= $270.00 <br />Cat 980 Loader-Truck & Lowboy. 3 hours at $90.00 per hour= $270.00 <br />Seeder & Harrow-Truck & Trailer. 3 hours at $50.00 per hour= $150.00 <br />14 <br />