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12 <br />THE Ii'lILLS. <br />Tire old Tomboy hill was closed done in IVavember, .and was not used until lIay, since <br />which time from two to five Huntington -Iills have been employed in crushing ore from tLe <br />Tomboy and 11louutain Chief properties. Should it he foand advisable to use this Mill steadily, <br />it mill be necessary to undertake considerable repair work. <br />During the year we completed the erection of a modern 60-stamp Mill. This is <br />siiaated below the Argentine work-ins, and around it are clustered an entirely new fot of Mine <br />and \lii] Lnildings and houses for the accommodation of the Company's employees.. <br />~ am pleased to report the very successful operation of the new plant. <br />REVENUE AND EXPENDITURE. <br />82,437, dry tons ore milled, yielding bullion worth ... ... ... 5600,415x6 <br />And concentrates worth... ... ... ... ... ... .:. 131,246 ?4 <br />Sales of Material, Pents, &c. ... ... ... ... ... ... 20,147:02 <br />Total P~evenue ... ... 5751,608.34 <br />1lining and Development expense ®53.56 per ton ... $293,744.86 <br />11Iilling Expense ~ Sl.s9 per ton ... ... ... ... 189,099.37 <br />General Expenses C 50.62 per ton ... ... ... ... .50,778.90 <br />483,623.13 <br />Surplus ... ... ... 5268,185.71 <br />I wish to thank the Eoard of Directors fm• the kindness and support x•eceived from it <br />during the ,year, and also to espreas my appreciation of the loyal services rendercci Ly [he <br />Company's stafl•. <br />Yours faithfully, <br />(Signed) J. HElI]I0\', <br />. Mav~ager. <br />TAE <br />Sts <br />uc <br />is <br />Jody ... <br />August .. <br />September ... <br />October ... <br />\'ovember ... <br />December ... <br />xo< <br />Junnarp ... <br />I'eLruary ... <br />March ... <br />April ... ... <br />