J&T Consulting, Inc. GP Ranches LLC
<br />F West Farm Pit
<br />11/11/2008
<br />Reclamation Bond Quantities and Costs tpy/wss
<br />© 2008 JAT Consaltl>? Ina 07115 GP Ranches Rec Bond Cal
<br />Phase T (8.35 acres)
<br />lReclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Liner Required to Close Phase 6 (Credit) - Shell (80,889) cyd $ 2.25 $ (182,000)
<br />Liner Required to Close Phase 6 (Credit) - Core (36,593) cyd $ 3.25 $ (118,926)
<br />Permanent liner - Shell 109,511 cyd $ 2.25 $ 246,400
<br />Permanent liner- Core 49,541 cyd $ 3.25 $ 161,007
<br />Liner Required to Close Phase 7 - Shell 189,622 cyd $ 2.25 $ 426,650
<br />Liner Required to Close Phase 7 - Core 85,781 cyd $ 3.25 $ 278,790
<br />Topsoil Area Above Water 2.6 ac $ 2,000 $ 5,298
<br />Revegetate Area Above Water 2.6 ac $ 1,000 $ 2,649
<br />Dewatering of Full Pit 127.0 Mil. Gal. $ 200.00 $ 25,395
<br />Mobilization 1.00 Is $ 2,500 $ 2,500
<br /> Total Direct Cost $ 847,762
<br />Overhead and Profit Cost (12.60%) $ 106,818
<br />Contract Cost 954,580
<br />Project Management (9.25%) $ 78,418
<br />Additional Financial Warran Required For Phase 7 $ 1,032,998
<br />Phase 8 (9.36 acres)
<br />Reclamation Operation Quantity Unit Unit Cost Cost
<br />Active Minina Area
<br />Liner Required to Close Phases 6,7 (Credit) - Shell (143,111) cyd $ 2.25 $ (322,000)
<br />Liner Required to Close Phases 6,7 (Credit) - Core (64,741) cyd $ 3.25 $ (210,407)
<br />Permanent liner - Shell 76,067 cyd $ 2.25 $ 171,150
<br />Permanent liner - Core 34,411 cyd $ 3.25 $ 111,836
<br />Liner Required to Close Phase 8 - Shell 208,911 cyd $ 2.25 $ 470,050
<br />Liner Required to Close Phase 8 - Core 94,507 cyd $ 3.25 $ 307,149
<br />Topsoil Area Above Water 2.7 ac $ 2,000 $ 5,322
<br />Revegetate Area Above Water 2.7 ac $ 1,000 $ 2,661
<br />Dewatering of Full Pit 143.2 Mil. Gal. $ 200.00 $ 28,637
<br />Mobilization 1.00 Is $ 2,500 $ 2,500
<br /> Total Direct Cost $ 1,099,306
<br />Overhead and Profit Cost (12.60%) $ 138,513
<br />Contract Cost $ 1,237,819
<br />Project Management (9.25%) $ 101,686
<br />Additional Financial Warranty Required For Phase 8 $ 1,339,504
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