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. • EXHIBIT L • <br />RECLAMATION COST <br />Following is an estimate of reclamation costs on a phase by phase bases the extraction <br />area and an estimate for the Stockpile, Process & Staging area. The location of the <br />reclamined areas and phases can be found on Exhibit F. The operator will reclaim <br />disturbed areas within each individual phase prior to mining in the next phase. <br />Reclamation of the stockpile area will occure once all of the resource has been removed. <br />PHASE ONE <br />ITEM QUANITY UNIT UNIT TOTAL <br /> PRICE <br />Grading 1.3 ac $2,000.00 $2,600.00 <br />Plow and Disk 0.25 ac $300.00 75.00 <br />Seeding 0.25 ac $400.00 100.00 <br />Contingency LS 400.00 <br />TOTAL PHASE ONE $3,175.00 <br /> PHASE TWO <br />ITEM QUANITY UNIT UNIT TOTAL <br /> PRICE <br />Grading 1.1 ac $2,000.00 $2,200.00 <br />Plow and Disk 0.20 ac $300.00 60.00 <br />Seeding 0.20 ac $400.00 80.00 <br />Contingency LS 400.00 <br />TOTAL PHASE TWO $2,740.00 <br /> PHASE THREE <br />ITEM QUANITY UNIT UNIT TOTAL <br /> PRICE <br />Grading 1.5 ac $2,000.00 $3,000.00 <br />Plow and Disk 0.30 ac $300.00 90.00 <br />Seeding 0.30 ac $400.00 120.00 <br />Contingency LS 400.00 <br />TOTAL PHASE THREE $3,610.00 <br />REb'. IL23r97 L' <br />Received <br />DEC 0 3 1997 <br />Dutatl9o FIeM Otfb~ <br />plylsbn of Minerals 8 OOOIOpr <br />p F DER <br />