Similco 25,000 ton per
day concentrator and

administration office.

eoeeerereessseees

Land Position

Similco Property Holdings Open Pits
Wore Conveyor System and Processing Facilities
Wi Exploration Area

Copper Mountain
Road

Similkameen |
River am

Hope-Princeton

Highway
Tulameen
er 0 1.0 2.0
Miles

and improved costs through
increased efficiency. Exploration
and engineering work will
continue, in order to expand
reserves and utilize existing
resources. Attainment of these
objectives will require the
continued cooperation of all
Similco employees. However, the
foundations for a strong future
were laid at the time of acquisition
with the signing of a three-year
collective agreement with the
union representing those

site. The work included a review yielded encouraging results, and employees. This agreement
and re-interpretation of all will form the basis for a more became effective June 1, 1988.
available data, followed up by a extensive drilling program in 1989.

preliminary drilling program late

geophysical survey and a

Outlook
The objective at Similco in 1989
will continue to be the

in 1988. To date, the work has

consolidation of production gains