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6.3.4(2) <br />Venture Resources, Inc. has worked closely with an independent, third-party contractor to arrive at cost estimates for <br />reclamation, closure, and post closure work. Doyle Construction, Inc. is a general contractor whom specializes in <br />earthwork and excavation projects in Clear Creek, Gilpin, and Summit counties. They understand the challenges of <br />working in a mountainous environment and the logistics necessary to mobilize labor, equipment, and materials <br />necessary for this reclamation project. They have prepared a letter, attached to this Exhibit D, attesting to the cost <br />estimates made for reclamation. Chris Doyle, President of Doyle Construction Inc. of Dumont, CO, can be <br />contacted at 303-567-1665. <br />As described in 6.3.3(2)(b) Exhibit C and 6.3.4(i)(c) within this Exhibit D, reclamation shall be part of normal <br />operations. <br />A point of Maximum Disturbance shall be defined as follows: <br />1. Completely excavated and removed pre-existing waste rock pile. <br />Careful consideration has been made to create a Reclamation Cost Schedule that addresses all elements necessary <br />for reclamation on a unit cost basis. This Schedule is provided at the end of this Exhibit D in spreadsheet form. <br />Equipment depreciation costs have not been considered due to the relatively short time of duration for the <br />reclamation project. <br />To summarize this Schedule, the amount of the Financial Warranty Cash Bond for the previously defined Maximum <br />Disturbance shall be: <br />Total Reclamation Cost for Maximum Disturbance - as defined in <br />Exhibit D, 6.3.4(2): Affected Area <br />Affected Area Reclamation $12,706.21 <br /> <br />Additional 5% DRMS Office Admin., per 6.3.4 2 c $635.31 <br /> <br />Total Reclamation Cost for Maximum <br />Disturbance <br />$13,341.52 <br />Appendix to Exhibit D <br />1. Gilpin County Zoning Regulations <br />2. Reclamation Cost Schedule, Rev. 0 <br />3. Letter from Doyle Construction, Inc. regarding third party contractor reclamation <br />4. NRCS reclamation recommendations & seed mix specification <br />Page 5 of 5