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EXHIBIT L <br />Reclamation Cost Estimate <br />The maximum total disturbance for this mining operation is projected to be 20 acres. At this point in <br />time it would be the most expensive to reclaim the site. The mine face will be at its greatest length. <br />Phase II and Phase 1 mining will be completed and ready for reclamation. <br />ITEM COST/UNIT UNIT TOTAL UNITS COST/ACRE <br />Grass Seed Mix $39.83 Acre 20 $797.00 <br />Drilling Grass Seed $18.00 Acre 20 $360.00 <br />Fertilizer-40#/A N&P $29.23 Acre 20 $585.00 <br />Fertilizer Application $12.50 Acre 20 $250.00 <br />Top soiling W/Dozer or Loader $0.75 Lcy 16,000 $12,000 <br />Disking or Scarifying $28.50 Acre 20 $570.00 <br />Weed Control $30.00 Acre 20 $600.00 <br />4000#/ Acre Grass Hay or Straw $170.00 Acre 20 $3,400.00 <br />Spread & Crimp Mulch $49.00 Acre 20 $980.00 <br />Back Slopping (done with mining) $0.00 Acre 0.00 $0 <br />Mobilization & Demobilization $1,500.00 Lump Sum 1.00 l 500 <br />Total Direct Reclamation Cost 21 042 <br />Indirect Cost Overhead & Profit <br />(Public Liab. Insurance) 1.550% $326 <br />(Contractor Perf Bond) 1.550% $326 <br />(Contractor Profit) 10.000% 2 100 <br /> $3,078 <br />DMG Project Administration Exp. 5.000% 154 <br />Total Performance Bond Amount $24,274 <br />Cost Per Acre of the Acres $1,213 <br /> <br />Beenurn/Cnr9er Pil <br />UMC l 13 Pernii~ <br />Pnye /4 of l3 <br />