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t <br />I 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 for similar projects and <br />type of work. These costs should accurately reflect what the actual reclamation liability will be. <br />See the attached exhibit and maps for the associated costs. <br />Connell Resources, Inc. <br />Camilletti Pit Expansion <br />Applegate Group, Inc. <br />Reclamation Bonding Quantities and Costs <br />Sand and Gravel <br />08-114 <br />TAT <br />7/28/2008 <br />Camilletti Bond Calcs.xlsx <br />Aspect Reclamation Operation Quantity Unit Unit Cost ($) Cost ($) <br /> Asphalt plant and access road removal <br /> 1 Asphalt plant and ancillary equipment removal 1 Unit Note 1 0 <br />A 2 Scarify compacted ground 7 Ac 25 175 <br /> 3 Replace topsoil (6 in) 5,600 CY 0.85 4,760 <br /> 4 Seed and mulch 7 Ac 675 4,725 <br /> 5 Reseed (20%) 1 Ac 675 675 <br /> Product, topsoil and overburden stockpiles <br /> 1 Scarify compacted ground 3 Ac 25 75 <br />B 2 Replace topsoil (6 in) 2,400 CY 0.85 2,040 <br /> 3 Seed and mulch 3 Ac 675 2,025 <br /> 4 Reseed (20%) 1 Ac 675 675 <br /> Reclaim and grade remaining disturbed area <br /> 1 Backfill 40 ft mining face (1,500 LF at a 3H:1V slope) 133,300 CY 1.15 153,295 <br />C 2 Replace topsoil (6 in) 5,600 CY 0.85 4,760 <br /> 3 Seed and mulch 7 Ac 675 4,725 <br /> 4 Reseed (20%) 1 Ac 675 675 <br />Total Disturbance Costs 178,605 <br />Contractor Mobilization/Demobilization (8%) 14,288 <br />Overhead (18.5%) 33,042 <br />Administration (5%) 8,930 <br />Total Proposed Financial Warranty $ 234,866 <br />Total Disturbed Acreage 17 <br />Financial Warranty per acre $ 13,815 <br />I Note 1: Temporary structures and ancillary equipment is assumed to be removed by the operator or sold to finance removal <br />Camilletti Pit <br />DRMS 112 Permit Amendment <br />Page 15