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<br />EXHIBIT L <br />RECLAMATION COSTS <br />' The reclamation costs aze based on unit prices for projects of similar scope. <br />When Phase 1 is completed, the perimeter of the property will consist of a long narrow trench <br />sloped 3H: I V and vegetated on the outside and a I/2H:1 V on the inside. The highwall face <br />created in Phase 2 will get shorter in length as mining progresses north. However it will remain <br />there until the last phase has been completed. <br />' While in Phase 2 Connell will mine from north to south in strips that progress from west to east. <br />Topsoil and overburden stockpiling will be minimal since they will be backfilling to the edge of <br />' the reservoir. As they progress in Phase 2 they will be in various stages of mining and <br />reclaiming. This includes stripping, excavating, backfilling, topsoiling and planting vegetation. <br />' If Connell defaults during Phase 2 the disturbance in Phase 1 and 2 will need to be reclaimed. <br /> <br /> <br /> <br />1 <br /> <br /> <br /> <br />1 <br /> <br />1 <br />TABLE L-1 SUMMARY OF RECLAMATION COSTS <br />Description Item <br />Cost <br /> <br />Disturbance Cos[ Total $ 82,820.00 <br />Contractor MOB/DEMOB(8.0%) $ 6,625.60 <br />Overhead (18.5%) $ 15,321.70 <br />Adminstrative(5.0%) $ 4,141.00 <br />Total Proposed Bond $ 108,908.30 <br />Disturbed Acreage (Acre) 672 <br />Bond Cost Per Acre($/Acre) S 1,621.00 <br /> <br />