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RECLAMATION COSTS <br />EXHIBIT L <br />Since Korinek has committed to only having 10 acres of the permit area exposed at any time, the <br />worst case bond scenario can occur anytime throughout the life of the mine and the bond will be <br />identical. County Lane 15 will have to be diverted around the east side of the pit at the start of <br />mining, and will remain there permanently. There are no foundations or other structures which <br />will be required to be removed with the reclamation process, so the only tasks will involve <br />regrading and topsoiling of the disturbed areas. <br />Table L -1 <br />Task # <br />Desc i tion <br />Time (days) <br />Cost <br />Knock down slopes of an average height of20' from 0.51-1:1V to 3H:1V for a distance of2000'. <br />1 <br />122,222 d $0.33/ d <br />( Y @ Y ) <br />10 <br />$40,333 <br />2 <br />Rip to a depth of 2.0 feet all areas prior to topsoiling on slopes and flats to be retopsoiled. (10.00 <br />acres A $213 /acre) <br />4 <br />$2,130 <br />Move & spread topsoil in reclaimed area using a D -8 w /universal blade. (10.00 acres @ 6 inches <br />3 <br />average thickness (8,066 yd 3 @ $0.33/ d 3 ) <br />7 <br />$2,662 <br />4 <br />lFinal grading and harrowing ofto soil on slopes and flats above (10.00 acre @ $85 /acre). <br />4 <br />$850 <br />5 <br />Seed, mulch, fertilize dry rangeland in reclaimed area. Drill seed on flat areas. Mulch at 2000 lbs per <br />acre. 10.0 acres @ $739 /acre <br />9 <br />$7,390 <br />6 <br />Construct isolation berm around industrial yard. (689 yd 3 @ $0.33/ d) <br />1 <br />$227 <br />7 <br />Initial Mobilization <br />$6,000 <br />8 <br />Second! Mobilization <br />$4,000 <br />Direct <br />Cost <br />$63,592 <br />DMG Cost 21% of direct cost <br />$13,354 <br />Total Direct Costs <br />35 daysl days <br />$76,947 <br />Korinek #1 Pit August 09 L -1 <br />