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Pennit Amen O6) - Climax Mine 0 <br />CLIMAX MINE RECLAMATION COST ESTIMATE <br />Financial Reporting Unit Rates <br />CAVR <br />600 Level Crushing Area Vent Raise faka Asbestos Disposal Shaft) <br />Assumptions: <br />(1) Closure of the shaft will be according to CDPHE requirements for asbestos disposal sites (11CR4,4-88) and in accordance with the plan outlined in a letter from R.J. Gosik to the <br /> Solid Waste Section of the CDH (now CDPHE). <br />(2) Costs for capping can be based on concrete work experience of Nielsons in 2005 (includes forming + rebar + labor + materials). <br />(3) Monitoring construction and air quality testing during closure will be required. <br />(4) A final closure report will be needed to satisfy CDPHE. <br />Tasks: <br />(1) Load, haul, and dump waste rock from the pit into the open shaft (10 it dia). <br />(2) Construct 2 it thick re-inforced concrete cap over the shaft. <br />(3) Grade out the surrounding area. <br />(4) Reclaim the access road to CAVR (covered elsewhere). <br />Timing <br />2011+ <br />Cost <br />$13,841 1.1121166 <br />Calculations <br /> <br /># of ' Initial Swell Product! Hrs Cost/Unit Total Total Labor' Cost/Unit Total <br />TasklArea Qty Units Units Cost/Unit Labor Material Total Cost <br />Equip Volume Factor on Req'd Equip Equip Cost Cost Materials Cost <br />Minor Grading of Disturbed Areas w/D6 Dozer 2 acres 2 hrs/ac 4.0 $ 103.24 $413 $33.81 $135 $ 548 <br />Loading waste rock on trucks with 926 loader 1,919 cy 241.7 cy/hr 7.94 $ 46.88 $372 $30.40 $241 $ 614 <br />Hauling and dumping waste rock with Generic Truck 1,919 cy 60.42 cy/hr 31.76 $ 104.50 $3,319 $30.02 $953 $ 4,272 <br />Construction of Concrete Cap over the Shaft 5.8 cy $0 $0 $ 1,446 $8,407 $ 8,407 <br /> <br /> Hrs Req'd Total Equip Cost Total Labor Cost Total Material G Total Cost <br />TOTAL COSTS 44 $ 4,104. $ 1,330 $ 8,407 $ 13,841 <br />Exhibit L Feb 2011