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Hole ID <br />Depth Bottom Drill Hole Cement Driller Labor <br />FF Hole Volume Cost Cost <br />(ft) (ft'l' ($10 /ft')` ($Y <br />Total <br />Cost <br />($) <br />05 -LW -17 <br />816 25.1 $ 251 $ 2,285 <br />$ 2,536 <br />05 -LW -21 <br />1325.4 40.8 $ 408 $ 3,711 <br />$ 4,119 <br />05 -LW -25 <br />1358 41.8 $ 418 $ 3,802 <br />$ 4,221 <br />05 -LW -27 <br />1594 49.1 $ 491 $ 4,463 <br />$ 4,954 <br />Direct Costs <br />5,093 156.9 $ 1,569 $ 14,262 <br />$ 15,830 <br />Job Superintendent Costs <br />56 Hours X $58.56/hr. <br />$ 3,279 <br />Profit, Insurance, Bond <br />13.07% of direct costs <br />$ 2,069.02 <br />Subtotal Contract Amount <br />$ 21,179 <br />Engineering <br />4.25% of contract <br />$ 900.09 <br />Reclamation Management <br />5% of contract <br />$ 1,058.93 <br />Total Bond Required <br />$ 23,138 <br />TRAPPER MINING INC. <br />ESTIMATE OF RECLAMATION COSTS FOR 2006 EXPLORATION WELLS (NOI CX- 2005 - 189 -006) <br />Notes: <br />1) Assume 2.375 -inch diameter drill hole = 0.0308 ft. /ft. <br />2) An 80 lb bag of Sakrete will fill 0.6 ft Assume $6.00/ 80 lb. bag, which equates to $10.00 per cubic foot of hole. <br />3) Cement and plug labor costs: Assume 125 feet per hour per hole at $350 per hour (current rig, operator and helper rate). <br />4) Job duration would be 51 hours, 56 hours used for Job Superintentant Costs <br />2.375 in diameter <br />