Cassiar Asbestos Corporation Limited

Report of the General Manager

Mr. F. M. Connell, President,
Cassiar Asbestos Corporation Limited,
Suite 1001, 85 Richmond Street West,

Toronto 1, Ontario.

Dear Sir:
I submit herewith my report on operations during the fiscal year ended September
30, 1956.

Mine

During the fiscal year, 356,334 tons of ore were delivered to the millsite and 406,118
tons of waste rock were removed from the hanging wall of the orebody. Due to favourable
weather conditions, waste removal commenced on April 11, 1956 and the first ore of the
season was delivered on May 1, 1956. Mining continued until October 28, 1956, and 342,903
tons of ore were delivered and 411,020 tons of waste were removed, or an average of

1,715 tons of ore and 2,055 tons of waste per day during the period April 11 to October 28.

The tramline was put into Operation on June 1, 1956 and handled 50% of the total

tonnage. Some alterations are required in the loading arrangements to permit use of its

full capacity of 100 tons per hour during the cold periods in the early spring and late fall.

Detailed studies of mining methods have resulted in a long-range programme of
development for the mine, which will be carried out over a number of years. Because of the
topography in the vicinity of the orebody, waste rock from the hanging wall must be removed
well in advance of the ore mining operation. In order that there be no interruption to future
operations, this work was started during the current year. The total expenditure amounted

to $390,255.

Pace NINE