J&T Consulting, Inc. GP Ranches LLC
<br />West Farm Pit
<br />3/17/2009
<br />PftclamatliBond Quantities and Costs tpy/wss
<br />© 2009 J&T Coun dtim. Inc. 07115 GP Ranches Rec Bond Cal
<br />Phase T (9.35 acres)
<br />lReclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Liner Required to Close Phases 4,6 (Credit) - Shell (236,997) cyd $ 2.25 $ (533,244)
<br />Liner Required to Close Phases 4,6 (Credit) - Core (86,579) cyd $ 3.25 $ (281,383)
<br />Permanent liner - Shell 85,238 cyd $ 2.25 $ 191,786
<br />Permanent liner - Core 31,586 cyd $ 3.25 $ 102,654
<br />Liner Required to Close Phase 7 - Shell 145,375 cyd $ 2.25 $ 327,095
<br />Liner Required to Close Phase 7 - Core 53,870 cyd $ 3.25 $ 175,078
<br />Topsoil Area Above Water 1.8 ac $ 2,000 $ 3,645
<br />Revegetate Area Above Water 1.8 ac $ 1,000 $ 1,822
<br />Dewatering of Full Pit 155.8 Mil. Gal. $ 200.00 $ 31,157
<br />Mobilization 1.00 Is $ 2,500 $ 2,500
<br /> Total Direct Cost $ 21,110
<br />Overhead and Profit Cost (12.60%) $ 2,660
<br />Contract Cost 23,770
<br />Project Management (9.25%) $ 1,953
<br />Additional Financial Wanan Required For Phase 7 $ 25,722
<br />Phase 8 (9.59 acres)
<br />Reclamation Operation Quantity Unit Unit Cost Cost
<br />Active Mining Area
<br />Liner Required to Close Phase 5 (Credit) - Shell (158,514) cyd $ 2.25 $ (356,656)
<br />Liner Required to Close Phase 5 (Credit) - Core (56,310) cyd $ 3.25 $ (183,007)
<br />Permanent liner - Shell 93,779 cyd $ 2.25 $ 211,004
<br />Permanent liner - Core 33,314 cyd $ 3.25 $ 108,270
<br />Liner Required to Close Phase 8 - Shell 253,812 cyd $ 2.25 $ 571,077
<br />Liner Required to Close Phase 8 - Core 90,163 cyd $ 3.25 $ 293,031
<br />Topsoil Area Above Water 2.5 ac $ 2,000 $ 5,044
<br />Revegetate Area Above Water 2.5 ac $ 1,000 $ 2,522
<br />Dewatering of Full Pit 147.6 Mil. Gal. $ 200.00 $ 29,522
<br />Mobilization 1.00 Is $ 2,500 $ 2,500
<br /> Total Direct Cost $ 1,222,970
<br />Overhead and Profit Cost (12.60%) $ 154,094
<br />Contract Cost $ 1,377,064
<br />Project Management (9.25%) $ 113,125
<br />Additional Financial Warranty Required For Phase 8 $ 1,490,189
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