| Show n SHEBA CONDITIONS Directors Slake Make n II Statement to Share Shareholders holders of ot Notice of ot tho the Initial on the lime capItal stock of ot the Minim Milling company operating In 1111 county reached local lacal loel durIng tho day coom the notice was WI n ci letter leler front from lImo board ot of director containing In II boan relative to the physical con dillon ot of the tho th mine min The Tho ho letter leter B nays y Time Tho ho stock hits lias hlll all al been ben ox cx e hausted The propel ProPertY ty hums hIS bo built botn n Olle as liS possIble We e enow UI 11 now Lava havo about feet teel of ot amid appliance necessary for or with carts cars Ald wih operations We AVe also DIM have teams and facility facilities for tor haulIng ore oro and ma material We Wo have constructed a n dam to Increase our water supply and have haw over feet foet ot of pipe 1110 lIne lino a I new ale compressor and air drill dri The Tho ho new now tunnel IB 18 Ii In 1100 If Is through the flue 11 of ot the tho vein htmL but bu hM has hl not ot reached the tho lImo limn contact We have tilt cut In the tho several til veins the tho lars largest t one ono being boing I 2 feet thick con consisting l of ot quails which Is II almost t barren barroll bUrel where It II In is II emit cut An tn Another other 3 feet thick contaIns contain Rood good o ore are where It l Is cut by tho time new tunnel We Wn 1 aro ro now flow nw prospecting for tor or orf ore and I have havo run cull rU south luth and west Wet to time tho crow crone 1 where we have made an up upraise raise to 10 the tot level which runs from tho tim old shaft shaU On 01 that level 1011 there thero have liven Iwon largo large bodies of ot milling ecu oro exposed I tho the draining of lt 0 C lh ih the water from froni time lie by ly tho the now nO Inn sun nci aol We STe are uro nt mit tl Present taking out milling ore and opening up U that level H ro fo UK mims to 10 have to turn tre which also it h is exposed there Wo Yo are utIca alto on omi In the tIme vein south of ot the ci one In Iii virgin ground where we just struck a n chute oC ot good gOOI milling ore which may at II nay thou change Into Int shIpping ore oreIn orf oreIn In tact fact tue time tho 1 work Is now nol about completed and I hereafter our efforts will wi be lo to develop ore oro bodlos The Tho ho tunnel mi on 11 the Mammoth hisS has hll been leon ex cx e tendon to tu within a mL t short distance of ot time the vein Yel I Wo IVe Vo Ve have hlo lund Imd large amounts ot of mill milling mi log Ins ore oro oe exposed for to I a 0 of i time line but bur we e have been un unfortunate Unfortunate fortunate in getting our milt mill mi In II Khall shape o oto to issa the Iho This fhle was wan 1 I Wo n were until r o lo to HO so cure CUN a 1 mill foreman who understood I 1 Ithe tho the proper mi method of ot concentratIng the ores orol Recently however wo secured the time services of 0 an nil who wo we 0 b bf he lee IB is II thoroughly competent corp t nl t to save avo SIVI the time values value and tIme the mill 1111 In is about ready for tor or operation Tho Time property PI l II Is In such luch condition that thai Ihn It oats con he tie madu to pay Its May any uy In Inn 1 n It short time utter ufer the tho mill Is In opera operation 00 tion and to accomplish this nt at lt tho time earliest tAt time lima lma wo we e have deter determined mined 11 tl to lo levy lovy title Ils our otIs oth other er or available mean to continue opera operations operations having been heen exhausted That we will viiI bo ho able In the near future to 10 de tie develop wi un an excellent mine min wo we have no J doubt douht and therefore hope hop that nil all ni allour our stockholders will wil respond cheerfully 1 to this thin ond we wo desire to embrace tills opportunity to invite every overy who can possibly do domb HO 10 mb to tt vIsIt viall the thc property and el see nee lee for tor douse done what we yo have and what what WI wo I |
