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<br />PARGE.L, MAURO, HULTIN & SPAANSTRA <br />Mr. Mark Loye <br />August 12, 1986 <br />Page Two <br />We anticipate submission of said revisions within the next 90 days <br />depending upon the status of contract negotiations. We anticipate <br />no excavation activity on the site until an acceptable lease <br />agreement is concluded and the necessary revisions to the permit <br />are approved. <br />We hope that this letter will suffice for the purposes of an <br />annual report for the above-referenced permit. Please do not <br />hesitate to call me if you have further questions or require <br />additional information. Thank you. <br />DRM/mmi <br />Enclosures <br />cc R. Fleming <br />B. Pulley <br />P. Salas <br />Sincerely, <br />~~ <br />Dean R. Mass <br />