2011-08-10_PERMIT FILE - P2011023

• Permit No: P2011023
• IBM Index Class Name: PERMIT FILE
• Doc Date: 8/10/2011
• Doc Name: Approval to commence prospecting
• From: DRMS
• To: Rio Grande Silver, Inc.
• Email Name: RCO
• Media Type: D
• Archive: No

PROJECT IDENTIFICATION
Task # : 005
Date : 08/10/2011
User : RCO
Agency or organization name :DRMS
Permit or other job action : New NOI
HOURLY EQUIPMENT COST
Cost Breakdown :
MATERIAL QUANTITIES
Initial
volume : 1,000
LCY
State : Colorado
County :Mineral
Task description :Pull material onto access road for recontouring
Ownership cost/hour : $26.97
Operating cost/hour : $32.00
Operator cost/hour : $38.72
Total unit cost/hour : $97.69
Source of estimated volume :900 LF x 30 sfX -sect prism
Source of estimated swell factor :NA
HOURLY PRODUCTION
Excavator Cycle Time (load bucket, swing loaded, dump bucket, swing empty)
Basic job condition description : AVERAGE
Secondary job condition within basic description : AVERAGE
Cycle time value : 0.28 minutes
Bucket Capacity
Rated bucket capacity : 1.63 LCY (heaped) Bucket size class : medium
Bucket fill factor : 0.85 Hard, tough clay (80% - 90 %)
Adjusted bucket capacity : 1.39 LCY
Job Condition Correction Factors
Site altitude : 11,500 feet
JOB TIME AND COST
Fleet size :
Unit cost :
CIRCES Cost Estimating Software
HYDRAULIC EXCAVATOR WORK
Site : South Upper Rat Creek
Machine description :Cat 320C
1 excavator(s)
$0.484 per LCY
Swell
factor : NA
Utilization %
NA
100
NA
Unadjusted hourly unit production : 292.71
Adjusted hourly unit production : 201.65
Adjusted hourly fleet production : 201.65
Permit/job # :P- 2011 -023
Abbreviation :none
Filename :P023 -005
Loose
volume :
Altitude adjustment :
Job efficiency adjustment :
Net job correction :
LCY /hour
LCY /hour
LCY /hour
Total job time :
Total job cost :
Horsepower : 138
Weight (MT) : 19.70
Shift basis : 1 per day
Data source : (CRG)
Total fleet cost/hour :
1,000 LCY
0.83
0.83
0.69
4.96
$484
hours
$97.69
Source
(Cat HB)
(1 shift/day)
multiplier