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A NN UA L <br />---- - - <br />L::::~i.'~ C~ ...r:w. J ! <br />o; ~_ ------ i qo, ~ <br />~ -~2~~--.----- <br />REPORT <br />OP <br />Z'HE <br />$UTT"ERFLY-TERRIBLE GOLD iVIINING <br />CO1VlPANY <br />~ ~~ <br />FOR THE YEAR 1 9 O O <br />TO TaE ~70C611DLDEPS OF <br />TIfE BLTrERFLY•TEna1nLE GOLD ,IL\I\G CO~IPd\ti. <br />]IRreh 13, I~~I. <br />GenAeanex: I submit herewith reports of the Secretar~•, Treasurer, and General ~Iana~er for the past veaq <br />Ahlell ('xp1di11 fulls the fivaucinl conditiou and operations at the mine. <br />Frerplent reports hate formerly beau sent out by- the officers of the ComlmD}• personalh•, but hetea[ter the <br />Cesgnun• will furnish report, gtmrterlc, nt the snore time dividend checks are sent out_ <br />TLe splendid condition of the mine justifies the manaoemevt in espeetin~ to increase the presevt dividend <br />meat nn early date, and to maintain the increase reonllarlT thereafter. J definite announcement in regani to <br />this trill be made as soon as possible. The mine has never looked ns well as it does to•dav, and with the new <br />om ladies olxned up within the past month, we expect dtat both the production and profits for the aminivo <br />reaneill be fns in excess of the one jest closed. P.esprct[ulh• submitted, <br />C<1L~'IS L'CLLOCFi, I'rex«lu.t. <br />REPOR? OF GENERAL 1VLANAGER <br />I)E.[TEB, Cow, ~farcb 19, l:fJl. <br />Te TIIE PREtiInL[T ASD DIRECEORS OP <br />THE BCTTLRPLT-TEBRIDLE GOLD ~IIiI[G COBPAST. <br />Gentlemen: I head you herewith a report DC the operatioae of the Company for the fiscal year ecding March I3, LrfGl. <br />Prelimioar;~ to my report, I wish to make a atatemeat of conditions nt the mine at the time the property came into the <br />possession oC this Company. <br />{Shi!e negotiatioce sere Hader day, and after the Limo that I made my ezamication and report on the property, the then <br />oraere atartnl in to gouge the mine. that is, to cork the high grade belies oC ore aloes, acd left the ]ow grade bodies standicg in <br />the slopes; ¢ad also. the repairs oD the mill mere neglected, and I toned the tramway, ae well ae everything about the mine and <br />mill, in sery bad repair. Ia conaegaenm oC this, it took us four mootha to get the mine aad mill in proper cocditioa for the <br />miaisg aad eztractioa of ore at a profit. but since the Srst four months me Gave worked at a nice prc,St every month, and I am <br />pled to state that the mice never was is better condition lhaD at the present time. The ore bodice have improcel in siv, the om <br />etwts bare Iecgthened, and the grade oC ore is very much higher. <br />PEE~IA\E\T EQtiIP~IE\T. <br />Sinew taking possession eC the property we hale put into permanent eyuipmen[ d7-^iG.l i. This has been principally for <br />electrienl machinery-that ie. for a generator and a motor. {Ca ezpect to install this machinery within the cent ninety da}e. <br />u it ie our intention to light all the working tuaaels of the mice in this way, as well ae to drive electric drills for the <br />derelnpmeat of the property. we bate elan installed a small generator for the lighting of [be mill and office bnildiags, which <br />6ae been a great easing is the lighting ezpease. <br />d <br />i . <br />r7 <br />i <br />i <br />;; <br />j: <br />1 I~ <br />,, <br />;' <br />I• ~; <br />:o• <br />i! <br />it <br />I~ ;~.~,~ <br />~~ ~ ~,, <br />;~ <br />I, t'fi <br />hi' <br />i <br />~, <br />-ter-.- • : g~ ~ <br /><`;y ~~ ' <br />' r <br />•. ,r ~ ~~ <br />.~ _, <br />;, <br />. , :~ , <br />e <br />i i <br />;~: <br />,'~- ~ . , <br />