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EXHIBIT L--RECLAMATION COSTS <br /> COST ESTIMATES ARE BASED ON THE FOLLOWING MACHINE COST <br /> ASSUMPTIONS, <br /> Assumptions: Mineable granite reserve area totals an estimated 15 acre area,therefore <br /> topsoil replacement from stockpile or live haul from mining face to mined out area will <br /> be estimated based on 6 inches of topsoil placed over 15 acres. <br /> .5 x 43,560= 21780 cu ft = 807 cu yds= 870 tons per acre topsoil applied <br /> Front End Loader Costs <br /> Capacity 5 yards <br /> Equipment cost per hour $38.00 <br /> Labor cost per hour $22.00 <br /> Fuel cost per hour $15.00 <br /> Total loader cost per hour $75.00 <br /> Tons handled per hour 600 <br /> Hours per acre topsoil applied at 6 inch depth $1.45 <br /> Loader cost per acre $109.00 <br /> Bulldozer Costs <br /> Capacity 200 hp <br /> Equipment cost per hour $55.00 <br /> Labor cost per hour $22.00 <br /> Fuel cost per hour $23.00 <br /> Total cost per hour $100.00 <br /> Average grading speed 1 mph <br /> Acres graded per hour 1.4 <br /> Bulldozer cost per acre $71.50 <br /> 14 <br />