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EXHIBIT L - RECLAMATION COSTS <br />Table L-1. Estimated Reclamation costs <br />Area Description Disturbed Area(acres) Estimated Reclamation Costs <br />Waste Rock Dump 0.3 $3000 <br />Future Waste Rock Dump 0.68 $5000 <br />Ore Stockpile Area 0.02 $500 <br />Sediment Pond North 0.01 $500 <br />Sediment Pond South 0.01 $500 <br />To Soil Stockpile 0.04 $500 <br />Future Soil Stockpile 0.07 $500 <br />General Facilities Area 1.4 $8000 <br />Mine Access Road 0.2 $500 <br />Trail to Vent 1 0.16 $500 <br />Trail to Vent 2 0.09 $500 <br />Drilling Phase 1* 4.9 $11,700 <br />Drilling Phase 2 4.9 $4700* <br />Drilling Phase 3 4.9 $4800* <br />Reclaim Portal 0.1 $2100 <br />Total $33,800 <br />*Note that drilling will be done in phases and no more than 50 boreholes will be un-reclaimed at <br />any time. Phases 2 and 3 are NOT included in the total because Phase 1 will be reclaimed prior <br />to beginning 2 or 3. Final reclamation may not be determined until after three years and growth <br />has been documented, but each hole will be sealed, back-filled and surface reseeded shortly after <br />drilling. <br />Last Chance Mine - April 2009 <br />L-1