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_.( <br />10 <br />;.u'ws <br />Tie 'Tomboy fold 1Viines Company, <br />LIMITED. <br />TELLIIInDE, Conortv,o, <br />•Zad~ 31st, 140',',. <br />1'lx Cliainxa~~ antl Z>irrctors, <br />TnE Tozmur GoLn .lItr:ss Oour~~-r. Lnurrru. <br />11. CoannrLL, Lor:noz;. I:.C'.. <br />\GLdl\U. <br />(iE:\TLE\IE~. <br />I hag to report as followe concerning the operations of yow• properties fm the sear <br />encL*u;,~ Sune 30th, 1403. • <br />THE MINES. <br />TiiE TOMBOY GROUP. <br />During the months of Jule, Au,*ust and September, 1901, we carried on uduing <br />operations in 'the Tomboy Fein. The gradual decrease in the value of the ore, compelled us io <br />look to the Arganthre Feiu for urilling ore, and at the close of September we ceased unerations <br />in this property. In ~Ia.' of this year; we began crushing a„~ain on a email scale; and ne <br />aspect uo obtain more or less vrs from this vein daring ti!e summer months, while our water <br />suuply is ample. <br />There is still a care large tonnage of ore blocked out in the Tomboy workings, Lut its <br />value does not allow us to obtain a profit from it at the present cost of operation. Beueut im- <br />provements and wvrl.- now undar wac mill, we think, sv reduce operating expenses that we eau, <br />in another year, arrange fur the operation of this property. <br />TtiE ARGENTINE GROUP. <br />Our energies the past year have been chiefly confined to the development of ibis group. <br />cousisLing of theLampa, Cineinuati, Argeuk~iue \o. 1, fugentine No. 2, Fraction and Eed Cloud <br />Claims, aggregating more than a rude iu length. At the three of my last report we had opeued <br />up Iwo ore-buciies un the main Argentine Level, no~v called the -1;500 Level. During 'tile y~em• <br />this level has been extended to a pohrt, half way through the l.ed Cloud Claim, and has nrored <br />the existence of three more ore-liodiee. The Cincinnati level, now known as the 1,f,5U Level, <br />has peen estendecf into the fraction Clainr, proving the continuation of the two ore-botiios first <br />opeued up ou the 1,500 Level, and in addition thexeio, has disclosed about 700 ft. of pay ground <br />in territory where there were no values uu the 1,500 Level. <br />"' <br />~i <br />~s <br /> <br />