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<br />Mine Expansion Reclamation Costs: <br />The mine will be expanded another 16 acres to the north which will <br />remove the North Wall and initiate mining in the northern Area AP locations. <br />Thus the North Wall reclamation costs in the 1994 calculations will be <br />replaced by these reclamation costs. <br />Reclamation Costs here are very similar to the West Ridge reclamation costs. <br />Therefore, the West Ridge per acre reclamation costs will be applied to these <br />additional acres of Area AP mining. <br />Cost per acre of west ridge reclamation $6,093.60 <br />Additional acres in Area AP 16 <br />For an additional 10 acres in Area AP $97,497.57 <br />surplus acres available within current bond = 7.9 <br />(assumes same cost per acre) <br />TOTAL RECLAMATION COSTS $253,312.58 <br />Indirect cost percentage 15.20% <br />Indirect cost total $38,503.51 <br />Total Bond Amount $291,816.09 <br />Current Bond Amount $340,000.00 <br />difference $48,183.91 <br />if positive then overbonded; if negative then more bond needed