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Exhibit L <br />Reclamation Costs <br />Menzer Quarry Corrective Action Amendment Exhibit L October 2011 Page 1 <br />Reclamation Costs <br />Because this amendment includes additional land where the reclamation has already been <br />completed, no increase in reclamation costs for the permit should be required as a direct result of this <br />amendment. Any additional costs such as weed control is minuscule compared to the total <br />reclamation costs for the permit. Those costs should be easily absorbed in the current bond amount. <br />On the next page is an accounting of the costs incurred by the operator in performing this <br />corrective action. A total cost of $40,894.08 was incurred. This is for the reclamation work only. It <br />does not include the cost of doing additional mining to lower the crest of the slope down to the <br />permitted Mining Limit. Those costs, $32,287.22, are largely cost of mining because marketable rock <br />was acquired from the shot rock. Therefore, those costs, although related, should not be included in <br />the reclamation costs. Some of the rock removed from the slope in the course of performing the <br />reclamation was also sent to the processing plant, but only the upper few feet of the slope was <br />composed of previously high value, mined rock that was lost resource and recovered in the <br />reclamation. Much of the remainder of the rock excavated from the slope was of low quality due to <br />weathering and mixing with landslide fines as well as organic material from past growth. Much of <br />that rock undoubtedly ended up as crusher fines, a very low value material. Separating the various <br />rock types by volume and deducting the revenue from the reclamation costs would be little more than <br />a guess. It would be a small number compared to the cost of the reclamation. <br />