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EXHIBIT D <br />Mining Plan <br />Connell Resources, Inc. proposes to mine the Northeast corner of Section 24, Township 6 North, <br />Range 68 West, Sixth P.M. in Larimer County, Colorado. The site is bordered on the east by <br />County Road 13 and on the north by State Highway 392. To the south the limits of mining are <br />bounded by the Cache la Poudre River and the property line on the west. <br />Sand and gravel will be the primary product produced from the SerFer Project site. The <br />principal intended use for the sand and gravel is for construction aggregates. Additional <br />permitted mining operations are located north of the site north of Highway 392 and southeast of <br />the site east of County Road 13. <br />Test pits have been dug at the SerFer Project site and it has been verified that there are <br />commercially marketable sand and gravel deposits on the property. The average depth of the soil <br />and overburden is 4.5 feet. The average thickness of the aggregate material is 8 feet, and the site <br />is estimated to contain approximately 410,000 cubic yards of sand and gravel. The overburden <br />and topsoil will be removed and stockpiled for reclamation. <br />The permit boundary will encompass approximately 45 acres with approximately 30 acres being <br />mined. The remaining area will consist of setbacks from roads and the Cache la Poudre River, <br />utility right-of--ways, and site access roads. Various setbacks from adjacent roads, fences, <br />adjacent structures, and the Cache la Poudre River will be observed as mining occurs. See <br />Exhibit C, Mining Plan Map, and the Geotechnical Stability Exhibit for information on the <br />setbacks and their locations. Items owned by the Applicant located within the proposed permit <br />boundary, such as roads, fences, concrete irrigation ditches, water wells and associated pumps, <br />may be removed during the mining process. <br />Mine Phasing <br />Connell Resources, Inc. anticipates mining and reclaiming the SerFer Project site in <br />approximately 3.5 years. Connell anticipates that they will mine approximately 10 to 13 acres <br />per year or approximately 120,000 cubic yards of material per year. This schedule anticipates <br />completion of mining and reclamation in 3.5 years for a total of 410,000 cubic yards of material. <br />However, it is possible that due to market fluctuations, mining will progress slower than <br />anticipated and additional time could be required for mining and reclamation of the site. <br />Approximately 30 acres will eventually be mined on the site. Mining will begin on the south end <br />of the site near the river and will progress in a northerly direction with no more than 15 acres <br />being exposed at any one time. (See Exhibit C, the Pre-Mining/Mining Plan Map). The SerFer <br />Project site will be mined over the anticipated span of three and a half years. The processing <br />plant will be located on the east side of the site, and an access road will be built to allow traffic to <br />the plant, as shown in Exhibit C. <br />SerFer Project <br />DRMS 112 Permit <br />Page S <br />