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06032 Banks and Gesso, LLC <br />Exhibit L -Reclamation Costs <br />The cost estimate below is based on the total amount of disturbance that is planned for <br />this operation. The maximum disturbance will be limited to a lesser amount by <br />concurrent mining. The operator reserves the right to modify the proposed bond amount <br />by technical revision to reflect specific parameters for maximum disturbance. <br />TABLE L-1: Reclamation Cost Estimate <br />Item Quantity Unit Cost Total <br />Topsoil Replacement, 72ac.*0.5 ft. = 58K CY 58,000 CY $0.85/CY $ 49,300 <br />Seeding and Mulching (80 ac.) 80 ac. $800/ac. $ 64,000 <br />Direct Cost $113,300 <br />Mobilization/Demobilization (8%) $ 9,240 <br />Overhead (18%) $ 21,465 <br />Administration (5%) $ 5,960 <br />Total Proposed Financial Warranty $149,965 <br /> <br />Fr 0 0 ~ 2007 <br />Division of Racls~ation, <br />Nlining and Safely <br />The Denver Brick Company January 2007 <br />Kiowa Clay Mine Page 22 <br />