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<br />_ . <br />DATE: SEPTEMBER 18, 1990 <br />SUR7: Annual Report Summary - April 30, 1989 - April 30, 1990 <br />REF: Dakolios Pit #1 <br />12256 WCR 13 <br />Longmont, Colo. 80501 / <br />Permit No. COG-500045 CK 8~ 03 G <br />Since commencement of mining op\\erations in 1985, approximately 25-3 acres <br />of the total permitted 78 acres has been mined. <br />Reclamation of excavated areas includes sloping of the banks that n w <br />provides approximately a 30 acre lake. <br />It has been determined that the terms of Lease Agreement with Aggre to Sand <br />and Soil, Inc. has not been met; resulting in the decision of Prope y Owner <br />and Permit Holder to reposes all equipment and temporarily cease o rations. <br />Due the present state of the economy a decision was made to cease al mining <br />operations as of May 1, 1990. <br />No water is presently being discharged. <br />Reopening of the Pit or other al ernatives wi be decided at a late date. <br />f I Cam- s~~ <br />ERNES D LIDS ' <br /> <br />