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EXHIBIT L -RECLAMATION COSTS <br />This revised reclamation cost estimate has been prepazed to evaluate the cost <br />obligations associated with the modification to the reclamation plan for the Tailings <br />Disposal Area a[ the Battle Mountain Resources Inc. San Luis Mine in Costilla <br />County, Colorado. This revision accounts for the current (2006) reclamation status of <br />the Tailings Disposal Area and incorporates current wage and equipment rates. Since <br />concurrent reclamation practices were conducted during operations (i.e. 1990-1996) <br />and post-mine reclamation has continued after the October 1996 suspension of <br />operations, considerable reclamation obligations associated with the mining and <br />beneficiation operations have been completed. <br />The Steffen, Robertson, and Kirsten (SRK) reclamation cost estimate (SRK, 1994) <br />and the revised cost estimate in TR-26 (2000) have been used as a template for this <br />estimate. <br />L.1 Unit Costs -Earthwork <br />Current hourly rates For earth moving equipment have been obtained from San Luis <br />Valley (SLV) Earthmovers of Monte Vista, CO. SLV Earthmovers has been <br />contracted to complete site reclamation activities. All calculated unit rates for <br />reclamation construction assume the use of SLV Earthmover equipment. Current <br />hourly rates, including operator, are listed below: <br />• Caterpillaz D-8 dozer @ $135/hour <br />• Caterpillar 627 scraper witlt 20 yd3 heaped capacity @ $175/hour <br />• Rubber-tired tractor with drill seeder @ $75/hour <br />• Water truck @ $65/hour <br />• Caterpillaz 14G grader @ $75/hour <br />• Caterpillar 980 rubber-tired front-end loader with a 4 yd3 bucket capacity <br />@ $130/hour <br />Battle Mountain Resources, /nc. L-1 Telesto Solutions, /nc. <br />P:WOja'15212-NewNOm(SenWis)~SaN.uu\PCnnit AmeMment- west Pit MvugememNe~miWoe(Mment_dl.AOC July 2006 <br />