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EXHIBIT L <br />Reclamation Cost Estimate <br />We have calculated the disturbed area and potential reclamation liability for the mining site. The <br />unit costs used for each reclamation item are an average of the unit costs from certified bids that <br />we have received for similar projects and type of work. These costs should accurately reflect <br />what the actual reclamation liability will be. See the attached exhibit and maps for the associated <br />costs. <br />