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Banks and Gesso, LLC <br />Exhibit L - Reclamation Costs <br />Considering the concurrent reclamation plan, this cost estimate is based on the <br />maximum amount of disturbance that is planned for this operation. The point of <br />maximum reclamation is when the operator has mined to the south and <br />established a mining face into the high ground in the middle of the site. Mining <br />would then be proceeding to the west. The gravel processing plant would be <br />relocated back into the former 111 permit area. The southern area will have <br />three vertical mining faces to backfill. The pit floor will need topsoiling and <br />seeding. <br />RECLAMATION COST ESTIMATE <br />ITEM <br />QTY UNITS UNIT COST TOTAL <br />Existing Disturbance Area <br />Grade and scarify pit floor <br />Load and carry northern stockpile, 1,000 feet <br />Load and carry southern stockpile, 1,000 feet <br />Backfill on eastern sideslope <br />Backfill western mining face <br />Topsoil replacement <br />Reseeding, fertilizing, mulching <br />Electric fence <br />Area South of Existing Disturbance <br />Grade and scarify pit floor <br />Backfill eastern mining face <br />Backfull southern mining face <br />Backfill western mining face <br />Topsoil replacement <br />Reseeding, fertilizing, mulching <br />Electric fence <br />Area West of Existing Disturbance <br />Grade and scarify pit floor <br />Topsoil replacement <br />Reseeding, fertilizing, mulching <br />Direct Cost <br />Mobilize/demobilize equipment (8%) <br />All-Rite Paving & Redi-Mix, Inc. <br />Proctor Pit <br />17.9 AC $75.00 $1,343 <br />15000 CY $1.5,5 $23,250 <br />9750 CY $1.515 $15,113 <br />88 CY $0.85 $75 <br />3000 CY $0.815 $2,550 <br />7222 CY $0.85 $6,139 <br />17.9 AC $1,000.00 $17,900 <br />2850 LF $0.65 $1,853 <br />10 AC $75.00 $750 <br />139 CY $0.85 $118 <br />5388 CY $0.815 $4,580 <br />8156 CY $0.815 $6,933 <br />4033 CY $0.85 $3,428 <br />10 AC $1,000.00 $10,000 <br />1950 LF $0.65 $1,268 <br />2 AC $75.00 $150 <br />807 CY $0.8:5 $686 <br />2 AC $1,000.00 $2,000 <br />$98,133 <br />0.08 $7,851 <br />09002 <br />19 July, 2009