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/ DATE: SEPTEhIDER 18, 1990 <br />SUBJ: 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 <br />Since commencement of mining operations in 1965, approximately <br />of the total permitted 78 acres has been mined. <br />Reclamation of excavated areas includes sloping of the banks t <br />provides approximately a 30 acre lake. <br />It has been determined that the terms of Lease Agreement with <br />and Soil, Inc. has not been met; resulting in the decision of <br />and Permit Holder to reposses all equipment and temporarily ce <br />Due the present state of the economy a decision was made to ce <br />operations as of May 1, 1990. <br />No water is presently being discharged. <br />Reopening of the Pit or other alternatives be decided at a <br />c <br />ERNEST R. DAKOLIOS <br />.iU acres <br />now <br />~egate Sand <br />~erty Owner <br />operations. <br />all mining <br />ter date. <br />