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Land Optioned <br /> Tract Designation 262-009 <br /> of it 262-014 <br /> 2.2 WATER <br /> In the Nucla area PCC owns water rights which are in <br /> good standing with the water court. These rights are as <br /> follows: <br /> (a) Absolute storage right of 4 . 0 acre-feet (5-001) , <br /> associated with the NUCLA mine reservoir designated <br /> Pond 001 (Figure 2) . <br /> (b) Surface-water rights represented by ownership of <br /> twenty-seven (27) out of 3250 shares of the <br /> Colorado Co-operative Company which owns the <br /> Highline Canal. This canal has surface-water <br /> rights to 155 cfs from a diversion on the San <br /> Miguel River located as shown in Figure 1. These <br /> rights are designated S-44 in Table 1. Table 7 <br /> provides additional details about these rights. <br /> The 27 shares represent an average diversion of <br /> about 273. 3 acre-feet from the San Miguel River, <br /> and are associated with the tract designated as <br /> 262-007. This tract is partially coincident with <br /> 12 <br /> GEOTRANS, INC. <br />