2009-03-19_PERMIT FILE - M2008080 (3)

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J&T Consulting, Inc. Journey Ventures, LL Kersey Gravel Pit 3/18/2009 Reclamation Bond Quantities and Costs tpy/jcy © 2009 1&T ICOp9U]t111Q. Inc, 07113 Journey Ventures Pit Rec Bond Calcs Phase 9 (3.60 acres) Leclamation Operation Quantity Unit Unit Cost Cost Active Mining Area Credit for Slurry Wall Required to Close Phases 3-8 (7,640) If $ 310.00 $ (2,368,400) Slurry Wall Required to Close Phases 3-9 7,528 If $ 310.00 $ 2,333,680 Credit for Overburden Placement Required to Close Phase 3-8 (226,370) cy $ 2.25 $ (509,333) Overburden Placement Required to Close Phase 3-9 223,052 cy $ 2.25 $ 501,867 Scarifying Disturbed Area Phase 9 0.05 ac $ 200 $ 10 Topsoil Placement Disturbed Area Phase 9 0.05 ac $ 1,800 $ 90 Revegetate Disturbed Area Phase 9 0.05 ac $ 1,000 $ 50 Dewatering Req'd for Phase 9 Area 245.72 Mil. Gal. $ 400.00 $ 98,288 Total Di rect Cost $ 56,251 Overhead and Profit Cost (12.60%) $ 7,088 Contract Cost $ 63,339 Project Management (9.25%) $ 5,859 Phase 10 (5.85 acres) Reclamation Operation Quantity Unit Unit Cost Cost Active Mining Area Credit for Slurry Wall Required to Close Phases 3-9 (7,528) If $ 310.00 $ (2,333,680) Slurry Walt Required to Close Phases 3-10 7,501 If $ 310.00 $ 2,325,310 Credit for Overburden Placement Required to Close Phase 3-9 (223,052) cy $ 2.25 $ (501,867) Overburden Placement Required to Close Phase 3-10 222,252 cy $ 2.25 $ 500,067 Scarifying Disturbed Area Phase 10 0.52 ac $ 200 $ 104 Topsoil Placement Disturbed Area Phase 10 0.52 ac $ 1,800 $ 936 Revegetate Disturbed Area Phase 10 0.52 ac $ 1,000 $ 520 Dewatering Req'd for Phase 10 Area 42.85 Mil. Gal. $ 400.00 $ 17,140 Total Di rect Cost $ 8,530 Overhead and Profit Cost (12.60%) $ 1,075 Contract Cost $ 9,605 Project Management (9.25%) $ 888 Additional Financial Warrant Required For Phase10 $ 10,493 Cummulative Financial Warrant Required For Phases 1-10 $ 3,996,742 5of6