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<br />EXHIBIT L -RECLAMATION COST <br /> <br />We have selected the mining phase that includes the largest azea that will be disturbed at one <br />time to calculate the potential reclamation liability for the Division of Minerals and Geology. <br />This will occur during the beginning of Phase 3. At that point, Phase 1 areas will be in the <br />process of reclamation, Phase 2 will be mined, Phase 3 will be stripped and ready to be mined. <br />The dewatering trench will be at its maximum size, the processing area and haul roads will be <br />disturbed, shoreline reclaimation and wetlands remidiation will be in process for the Phase 2. <br />It is anticipated that these disturbances will total approximately 27 acres. Concurrent <br />reclamation will have taken place on the shoreline for Phases 1 and 2 and the bottom of the <br />pond will begin to £11 once dewatering has been stopped. <br />NCCI Mining Proposal jor the NCCI Pit # 1- MLRB 112Permi <br />55 <br />