CAPITAL EXPENDITURES

Increasingly large amounts of capital have been
expended on environmentally related projects at the
Cassiar operations. In fact, the capital require-
ments for these and future projects are becoming so

large that Cassiar's known ore reserves may not be

able to economically support all of them. This

potential problem is of vital concern to all persons
or agencies directly or indirectly deriving benefit
from this primary resource industry. This reality

cannot be ignored.
digas PERIOD 1970 to 1977 INCLUSIVE

The environmental control portion of the company's
Capital Expenditures are detailed in Appendix F.

These costs are summarized hereunder:

YEAR CAPITAL

1970 55,000
1971 95,000

1972 295,000

ho73 330,000

1974 290,000

1975 878,000

1976 5,799,000

1977 _ 5,843,000

TOTAL: $13,585,000