2011-10-11_REVISION - P2011010

• Permit No: P2011010
• IBM Index Class Name: REVISION
• Doc Date: 10/11/2011
• Doc Name: Approval to Commence Prospecting ‎(MD-01)‎
• From: DRMS
• To: Rio Grande Silver, Inc.
• Type & Sequence: MD1
• Email Name: RCO
• Media Type: D
• Archive: No

PROJECT IDENTIFICATION
Date : 11- Oct -2011
User:
RCO
Agency or organization name :DRMS
Permit or job action :Modification MD -1
TASK LIST (DIRECT COSTS)
NO.
011
. 012
013
014
- Fracture foundation and remove structures
- Close and seal underground borehole
-Additional pad grading (and cover foundation)
- Haul additional reclamation equipment to and from site
* includes inflation factor adjustment of : NA
demolish
borehole
dozer
mobilize
1
1
1
1
SUBTOTALS:
TOTAL DIRE
12.00
8.00
7.63
7.00
34.63
INDIRECT COSTS
OVERHEAD AND PROFIT -
* assume net hours = 50% of task hours
LEGAL - ENGINEERING • PROJECT MANAGEMENT -
Financial warranty processing (legal /related costs) :
Engineering work and /or contract/bid preparation :
Reclamation management and /or administration
CONTINGENCY -
* contingencies accounted for at task level
CIRCES Cost Estimating Software
COST SUMMARY FORM
Permit or job no. :
Abbreviation :
Filename :
TASK DESCRIPTION
Liability insurance :
Performance bond :
Job superintendent :
Profit :
P - 2011 - 010
Site :Equity Exploration Project
State :Colorado
P010 -000 County :Mineral
none
FORM FLEET TASK
USED SIZE HOURS
2.02 % of direct
1.05 % of direct
17.31 hrs *... $ /hr. $52.10
10.00 % of direct
0.00
4.25
5.00
NA*
total $
% of cntr.
% of cntr.
NA
NA
NA
NA
T COST * =
total =
total =
total =
total =
TOTAL 0 &P=
CONTRACT AMOUNT (direct + O & P) =
total =
total =
total =
total =
TOTAL INDIRECT COST =
DIRECT
COST
$2,324
$1,391
$853
$2,244
$6,812
$6,812
$138
$ 72
$902
$681
$1,792
$8,604
$0
$366
$430
NA
$2,588
TOTAL BOND AMOUNT (direct + indirect) = $9,400