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Exhibit L <br />Reclamation Costs <br />MacKenzie Pit <br />June 16, 2009 <br />Reclamation Estimate <br />McKenzie Pit <br />Fremont Paving & Redi-Mix Inc. <br />Direct Tasks <br />Grading pit floor for drainage <br />Grader <br />Seeding - 3.5 acres <br />Broadcasting <br />Seed mix <br />Fertilizer <br />Mulch <br />Tracking seed and mulch - 3.5 <br />acres <br />Dozer <br />Mobilization fee <br />Indirect Tasks <br />Liability insurance <br />Performance bond <br />Profit <br />Job Superintendent <br />Unit Quantity Cost Total Cost <br /> <br />hours 6 $ 188.25 $ 1,129.50 <br /> Subtotal $ 1,129.50 <br /> <br />hours 4 $ 300.00 $ 1,200.00 <br />acre 3.5 $ 185.00 $ 647.50 <br />acre 3.5 $ 11.09 $ 38.82 <br />acre 3.5 $ 187.50 $ 656.25 <br /> Subtotal $ 2,542.57 <br />hours <br />hours <br />Miscellaneous indirect <br />6 $ 188.25 $ 1,129.50 <br /> <br />1 $ 100.00 $ 1100.00 <br />Direct Expenses <br />Total $ 4,901.57 <br /> 0.0155 $ 75.97 <br /> 0.015 $ 73.52 <br /> 0.1 $ 490.16 <br />20 $ 88.00 $ 1,760.00 <br /> Subtotal $ 2,399.65 <br /> <br /> 0.0925 $ 675.36 <br />Total Bond $ 7,976.58 <br />Assumptions <br />1. Reclamation will occur on slopes only. Slopes represent approximately 3.5 acres. <br />Assuming 15 feet high and 3:1 slopes, approximately 3130 linear feet. <br />2. Slope contouring and surface preparation will occur concurrent with mining. <br />3. Equipment will be mobilized from Canon City or Florence, Colorado <br />4. Seed mix cost per acre is an estimate <br />Cn\V/iirronrflq enLall /?,\Hcee rrnaLHNV/es5 Ilnc, <br />1107 Main Street, Canon City, CO 81212 <br />www.envalternatives.corri • e-mail: eai@bresnan.net <br />Phone: 719-275-8951 • Fax: 719-275-1715