Show I 1 SOUTH HECLA ISSUES ANNUAl ll REPORT FOR LAST YEAR I President and General Manager tanager George H. H Watson Vatson of the South Hecla Mining company has ha Issued his hi report covering operations for 1815 1935 There are 2 feet of shaft sinking and 1353 feet of ot drift drift- Ing The Tile total underground round development at the close of ot th the year ear showed feet of tunnels 1154 feet of or drifts and crosscuts 1943 feet of raises and feet of shafts On the com company pan account amount there was wa mined pounds of ot crude ore and after deducting al 1 charges the company received Je l l From Irom this was s reduced ren re- re n labor b timber I r. r supplies lIi etc sn n 11 and wagon sago haul hl charge amounted ie to o S leaving a net profit of 87 37 Shipments did not commence un un- un Ill til August i 1 on account of low metal prices aad aud during November and Decem Decem- ber very r little br ore was d s hauled l because of the tle Impassable r road c conditions l n eca 1 The total contents of ot the ore was as follows follow iH ounces gold old ounces sliver silver pounds of ot lead Iud pounds pound zinc pounds of ot copper and pounds iron Leasers Lealler mined pounds of ot crude ore ore which after deducting charges the company received net Five Fhe blocks of ground were ero let to leasers and the net profits proms to the company compan o on Its Us own and amI leasers' leasers operations were 39 Four lour of ot the leasers are arc on tho the Kate Hayes es vein and nd one on the Skipper vein The Tho company has baa on Its own nc- nc count it done most of Us Its work r nol on the Wedge ed vein on the 20 level and raises ralle above this The extent of this ore body was greatly Increased during durin the year being followed to th the west feM feet The financial statement shows hows that the company had cash in bank January 1 I. I The mine development cost and the supplies on hand amounted to |