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SENT BY:mss ~ 7-15-99 9:12AM massay~719t872 3383 :# 2/ 4 <br />• ~ • <br />/`t~ <br /> <br /> <br /> <br />l~~ <br />BattfeMaanlain Resolmneeluc <br />San Luis Mi~----. <br />Reclamation Bond S9~' <br />This summary evaluates the entreat status of surfacf mine reclamation activities at the <br />San Luis mine in comparison to the May 9,1994 reclamation cost estimate prepared by <br />Steffen, Robertvon end I{irsten. This cost estimate #ervp es the basis for establishing <br />and posting the project surface mine reclamation bond with the Colorado Division <br />of Minerals and Geology. This rcclamndan bond enmate and subsequent surety posting <br />is associated with the worst case Early Minn Clost~Alttnaative Reclamation Plan <br />Since the preparation of this cost estimeu and the a closure in 1996, substantial <br />rcclatnation has bete completed. <br />This summary identifies the current reclamation of the various mine and <br />beneficiatlon facilities with relationship to ct¢rent d future reclamazion obligations. To <br />this dau, no reclamation surety band release req have been made for the completed <br />reclamation. <br />ne Uttit Estirnaic Cost Percentage g Comments <br /> Completed Abligation <br />West Pit <br />Bacl~ll 3,077,580 190 S 0 <br />Waste Rnc 63,788 100 S 0 <br />Gradin i <br />tngR'op- $ 97,495 100 i 0 Includes <br />soil Placement ~! Benches <br />Revegeranoa 10,631 100 ~ 5 10,631 ~ 50 acres (a~ <br /> $212.62/acrc <br />ou Waste <br />Rock <br />op- 157,225 75 S 4,306 <br />soil Placement ! <br />Revegetentro 1 75 i 5,316 50 acres <br /> 5212.62 <br />rite Rock <br />Area B i <br />op- <br />41,980 <br />l i <br />S 0 <br />soil Placement <br />egetahon S 3,891 100 S 3,891 ,/ .acres <br /> I S212.62~acre <br />Waste Rock <br />Area C <br />ra in op- $ 110 11 0 <br />soil Placcrtrent <br />evegetatwn 6,379 100 $ 6.379 30 acres <br /> $212.62 <br />