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EXHIBIT L RECLAMATION COSTS <br />Reclamation costs for the Lyons Quarry on file with the Colorado Division of Minerals <br />and Geology were last calculated in June of 1999 for a total of $191,604. To update <br />these costs for the current permit amendment, the previous estimate is escalated to <br />today's dollazs (April 2002) of $205,596 and divided by the previous reclamation azea of <br />54 acres, yielding a reclamation cost of $3,807 per acre. The new estimated cost is <br />calculated to be the cost per acre of $3,807 times the amended permit total of 69 acres to <br />give a total reclamation cost of $262,683. <br />N:\GKnell\Projecfl54210A1_Lyon\Perm_Amend.doc <br />