CASSIAR ASBESTOS

(Incorporated under

and its subsidiary Kutcho Cre

| Consolidated Balance §

(with comparative figu

ASSETS
1967 1966
Current: — —
PNCCOUNESMTC CEVA) Cea $ 3,167,036 $ 3,356,061
Maxesprecoverable ey asa tear to ae pen ae ere 174,000
ANSDESNIOS MOD AE GOS. oo ov aco ceucesccuvuccsenccuses 2,719,919 2,010,260
Orekstockpiledtaticos tae sais 350,761 186,447
Inventory of supplies — valued at laid-down cost .......... 2,128,742 1,261,528
| PIE Pal diex Pen secre se suerte ee Oe ee) ee teres 81,484 113,587
sotalicunrenteassc (sia 8,447,942 7,101,883
Investments:

Investments at cost plus accrued interest (market value 1967
= GIAO G53 ING — VHDLOO) ce ncccccccvcccese 399,793 435,383
Specialiretumd all el taxeaeen ae 158,000 105,000

Investment in Territorial Supply Company Limited —
Shares (one-half the issued oy) aticOsta is eee 25,000 25,000
Note receivable ......... BAe Cre oon ot ote acted ok 150,000 150,000
732,793 715,383
| Fixed (note 1):

Mine plant and equipment ERC OSEO eran Sea eae ee ee er 29,741,913 20,319,801

LNTOMAGUNS CGMooaS ine AE GONE... onaccocceccccvccancses 6,980,020 4,763,525
Asbestos Wharf — leasehold improvements, buildings and

OGURA GP COS 5 2s cancoscosscnccooduceacevos 1,452,982 1,450,159
IRGad saticos tii tetany ait: cere i ie atin cecan ine me tear 186,815 186,815
38,361,739 26,720,300
Less accumulated depreciation .................... 10,679,085 9,302,471
27,682,645 17,417,829
Deferred:

Mining claims and properties atcost..................... 2,695,315 2,630,491

Exploration, development and other preproduction expenditures
less amounts written off (notes 1 and2).............. 6,211,703 4,075,693
Stripping costs less amounts written off (note 1)............ 10,733,598 9,661,520
19,640,616 16,367,704
$56,503,996 $41,602,799

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