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JUN-06-97 FRI 11 :11 . P. 03/06 <br /> Addendum <br /> Section 3.4, Page 9 <br /> Climax Mine AMandment AM-003, Permit No. 77-77-Q3 <br /> Proposed"cost per acre" Warrantee Calculation <br /> Acres <br /> 19$9(Am-002) 3372 <br /> 1989(remapped) 3471 <br /> 1997(Am-003) 4639 <br /> Change('89-197) 1267 <br /> Financial Warranty Calculation <br /> • 1267 acres @$2426/acre: $ 3,073,742 <br /> • Engineering/Contract Preparation @ 2.5%. $ 78,844 <br /> • Overhead/Profit oncl. Insurance) @ 15%: $ 461,061 <br /> • Contingency @ 10%: $ 307,374 <br /> • Colorado DMG Administration @ 5%; S 195,961 <br /> Total $ 4,114,972 <br />