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' • • XHIBIT L <br />1 <br /> RhCLAMATION COSTS <br />' The two consecutive phases requiring the greatest amount of <br /> reclamation work are Phases VII and VIII. In addition, Phase P <br />' <br /> or equivalent lands will be disturbed for the life of t he mine. <br />' Slopes in these areas total 8,62+ acres and land to be revegetated <br /> totals 17.82+ acres. The remaining 45.65+ acres is lak e area. <br />' Reclamation costs are based on the following data: <br /> 1. Grass seed mixture 11 lbs/ac. @ $1.29/lb. $ 14,16 <br />' Fertilizer mixture, 100 lbs. AgriChem(N2) <br /> (18-46-0) @ $9.60/100 lbs., and 80 lbs. <br /> AgriChem (P 0 ) (34-0-0) @ $5.80 <br />5 15.70 <br /> Mulch (Straw) <br />1~ tons/ac. @ $66/ton 99.00 <br />' Labor, 16 man hours/ac. @ $6/hour 96.00 <br /> Per Acre Total $ 138.46 <br />' 2. Seed mixture drilling, mulch crimping, <br />fertilizing, labor, $1.50 hours/acre <br />@ $40/hour $ 60.00 <br />3. Final finish grading and reshaping, <br />2 hrs/ac. @ $40/hour $ 80.00 <br />' 4. Trees - none in reclamation plan - SCS <br /> Thus, reclamation cost for the combined acreage in Phases VII, <br />' <br /> VIII and P are as follows: <br />' 1. Backfilling and sloping $ 4,400.OC <br /> 2. Final finish, sloping, grading & reshaping <br />' 17.82 + acres @ $80/acre 1,420.OC <br /> 3. Resoil and smooth seed bed 1,740.OC <br />' 4. Revegetate 17.82+ acres @ $138.46/acre 2,470.00 <br /> 5. Seed mixture drilling, mulch crimping and <br />' fertilizing labor 17.82+ ac @ $60/ac. 1,070.00 <br />Total $11,100.00 <br />' Suggest bond be set at: $11,100.00 <br />' - 36 - <br />1 <br />