2012-10-19_REVISION - P2011010

• Permit No: P2011010
• IBM Index Class Name: Revision
• Doc Date: 10/19/2012
• Doc Name: Modification Approved, Notice of Bond Increase
• From: DRMS
• To: Rio Grande Silver
• Type & Sequence: MD2
• Media Type: D
• Archive: No

COST SUMMARY WORK
Task description: Cost summary MD -2
Site: Equity Exploration Project Permit Action: MD -2 Permit/Job#: P2011010
PROJECT IDENTIFICATION
Task #: 200 State: Colorado
Date: 10/18/2012 County: Mineral
User: RCO
Agency or organization name: DRMS
TASK LIST (DIRECT COSTS)
Abbreviation: None
Filename: PO10-200
TaskForm
Descri tion
Used
Fleet
Size
Task
Hours
Cost
201
202
203
204
Additional demo and debris removal
DEMOLISH
1
1
1
1
10.00
$856.04
$989.47
$2,488.76
$1,865.31
Close and seal second underground borehole
BOREHOLE
10.00
Grade staging area and WRDA
DOZER
9.52
7Hai;—A additional reclamation equipment to and from
MOBILIZE
7.71
SUBTOTALS:
37.23
$ $6,199.58
INDIRECT COSTS
.6I9 0-LlimaPT��rW-U411"
Liability insurance:
2.02
Total=
$125.23
Performance bond:
1.05
Total =
$65.10
Job superintendent:
18.62
Total =
$1,103.87
Profit:
10.00
Total =
$619.96
TOTAL O & P —
$1,914.16
CONTRACT AMOUNT (direct + O & P) =
$8,113.74
LEGAL - ENGINEERING - PROJECT MANAGEMENT:
Financial warranty processing (legal/related costs):
500.00
Total = 500.00
Engineering work and/or contract/bid preparation:
10.00
Total = $811.37
Reclamation management and/or administration:
5.00
$405.69
CONTINGENCY:
0.00
Total = $0.00
TOTAL INDIRECT COST = $3,631.22
TOTAL BOND AMOUNT (direct + indirect) = $9,830.80