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6.4.12 Exhibit L <br />Reclamation Costs <br />MacKenzie Pit <br />January 8, 2010 <br />Direct Tasks <br />Seeding - 1.5 acres <br />Drill <br />Seed mix <br />Fertilizer <br />Mulch <br />Tracking seed and mulch - 1.5 <br />acres <br />Dozer <br />Mobilization fee <br />Indirect Tasks <br />Liability insurance <br />Performance bond <br />Profit <br />Job Superintendent <br />Miscellaneous indirect <br />Unit Quantity Cost Total Cost <br />hours 2 $ 85.00 $ 170.00 <br />acre 1.5 $ 260.00 $ 390.00 <br />acre 1.5 $ 11.09 $ 16.64 <br />acre 1.5 $ 110.00 $ 165.00 <br /> Subtotal $ 741.64 <br />hours 2 $ 188.25 $ 376.50 <br /> <br />hours 1 $ 100.00 $ 100.00 <br />Direct Expenses <br />Total $ 1,218.14 <br /> 0.0155 $ 18.88 <br /> 0.015 $ 18.27 <br /> 0.1 $ 121.81 <br /> 8 $ 88.00 $ 704.00 <br /> Subtotal $ 862.97 <br /> <br /> 0.0925 $ 192.50 <br />Total Bond $ 2,273.60 <br />Assumptions <br />1. Reclamation will occur on slopes only. Slopes represent approximately 1.5 acres. <br />Assuming 15 feet high and 3:1 slopes, approximately 1000 linear feet. <br />2. Slope contouring and surface preparation will occur concurrently with mining. <br />3. Equipment will be mobilized from Canon City or Florence, Colorado <br />4. Seed mix cost per acre is an estimate