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I <br /> EXHIBIT L <br /> RECLAMATION COSTS <br /> The maximum area of disturbance was based on the point in time when it would be the most <br /> expensive to reclaim the site. <br /> The majority of disturbance at this site will occur when Connell is in Phase 3. There will be four <br /> areas of disturbance at this point in time. They are discussed as follows: 1) Connell will be in the <br /> process of stripping, stockpiling, and mining material from Phase 3; 2)Connell will have a cut <br /> face exposed on the interior portion of Phase 2 included as part of the reservoir. The liner <br /> installed on the west side(outside of the reservoir)of the property will be completely buried or <br /> in the process of being buried; 3)The east side of Phase 1 will contain an excavated pit, included <br /> as part of the reservoir. The east, west, and south sides of this excavation will be sloped and <br /> seeded. The north side will exist as a cut face until Phase 3 has been completely mined; and 4) <br /> The west side of Phase 1 has been included as the forth area of disturbance. This area will exist <br /> as a backfilled area of the mine. The processing equipment and product stockpiles are assumed <br /> to be located here. <br /> The costs to reclaim the four areas of disturbance has been accounted for below. <br /> TABLE L-1 SUMMARY OF RECLAMATION COSTS <br /> Costs Amount <br /> DISTURBANCE COST TOTAL $103,207.50 <br /> CONTRACTOR MOBIDEMOB(8.0%) $ 8,256.60 j 11 y� y e l <br /> OVERHEAD (18.5%) $ 19,093.39 0 6 6�U. " � <br /> ADMINISTRATIVE (5016) $ 5,160.38 <br /> TOTAL PROPOSED BOND $135,717.87 f °j <br /> DISTURBED ACREAGE 37.3 1 b�' 5 <br /> BOND COST PER ACRE $ 3,638.55 Q, <br /> 18 <br />