ROSERT 7 T E S LTD. L - L k /7) ANWAL NEVTING - Robert Nines Ltd. annual meeting w i l l be held on loJan78 a t 10 a.m. i n

Georgia Iirtel, Vancouver. Nominees fo r election as directors are now serving: Karl Prhindler, president, owning 143,250 shares; Hans E.Rams-

ohert Kohls, secretary, 336,950, and Florian humstark, owring 135,000. .,

In his annual report, Mr.Schindler says management propose t o arrange a refinancing I early in 1978 to complete plans and develop the company's s i lver mine a t Bundary Falls in

Greenwood mining division,B.C. concentrator which is already a t the Boundary Falls mine. Mr.Schindler says i t is intended t o have t h i s equipent i n operation i n the coming year.

The company has been negotiating t o buy a 100-ton per day

Results of diamond d r i l l i n g t h i s year support theories r e g a m the existence of addit- ' i ona l , parallel veins, says the president. sampled. new ore zone about 1,000 f ee t from present wor'kirgs.

reserves a t 41,250 tons with a gross value of over $3,800,000 U.S. approximately 9,000 tons of dmp material available for processkg and a potential fo r addit- ional mineralized zones is present within the known structures on the property.

pany i n the southern United S-cates which i s contracted t o a large u t i l i t y company.

i n the mount of $2,000 and issue of 225,000 shares for $36,250. some $23,000 on exploration, $l3,0?0 on administration and $9,000 f o r equipnent offset by about $7,000 from various revenue sources. The excess received reduced the working capital def ic i t to $3,664 a t 30Sep77 when 2,564,000 shares were outstanding. On abandonin& the re- maining claims t h a t had been held i n the Nelson mining division,B.C., the company Capit-diZeC the pertinent costs as deferred exploration and developnent expenses.

holders wi l l be asked a t the annual meeting t o a t h o r i z e 000 shares without par value. from a specially limited t o a limited company with no restrictions on the types cf business

A s No.7 level advances, Gese new zones w i l l be A geochemical survey recornended by Dr.Peter Haman,P.Eng., suggests an additional

Laurence Sookochoff, P.Eng., reported 3Nofl7 that he estimates proven and indicated ore Also, he says, there are

iVr.Schindler reports tha t Robert Nines presently i s n e g o t i a t w t o acquire a coal com- producing 5OO,OOO tons of coal annually, the sale of

Robert IKnes received $38,250 i n the year ended 3OSep77 by way of a shareholders l o b Applied irere $36,905, behg

A t present , there are 2,564 , 000 shares outsr,anding of the 3,000,000 authorized. Share- an increase i n capital t o 10,000,-

They will also be asked t o approve a resolution t o convert

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Cnoss "S LESTER IED. N0.217(1977) i ? ~ ~ ~ 10,1977 ' ROBERT$EMLTD.

EST Schindler, president iiines Ltd. ded GF&iEWJO&S.c. PROSPECT a r e p o r t on the company's Skonaac property, located 52 kilometem

southwest of Greenwood,j3.C. The report is dated i?0~.3,1977s was PXePred by Laurence Sookochoff,P.Big., who s ta tes i n part,*"lhe calculations a re based

Lnfomtion from reports ... by ~ . \ i . ' ~ u l l y , ~ . ~ : n g . , and ~ .k .~~l l ican ,P .Eng. , i n addition information obtained by the writer from a property examination completed duriag. April 1977.

"The ore reserves a re cLissed as proven (intersections of ore zones by present workings projections thereof) and indicated (projection of the ore zones based upon LpOlog5Cal

#ledge and uGon extensions of known ore zones) and are estimated a t 501000 tow. The grade is based upon foriuer shipments and recent assays, is e s t h t e d a t 8 OZ.

ver per ton,O.lO oz. gold per ton, 1% lead, l$ zinc. ,*The gross value is a s follows, (Gold and silver bfd prices .. Bank of iToM Sco tb quotes

.3,1977, lead and zinc f r o m the Xorthern tuner Oct.27,1977). Si lver 8 oz. x $4.86 5 SJ30.88.Gold 0.1 0%. x $164 = L16.40.Lead lp (20 lba.) x 32$/lb=

$0. %n l$ (20 lbs.) x 32.5#/1b = b6.50.~0+d g o s s value per t o n $3.18. 50,COO tons 368.18 = $3,409,000. "In addition t o the proven and indicated ore; a potential for additionaL mineralized

f i i r r n -1 tho ywi,vrtv 1' 3 1 i s n r m n q t ~ i i f h i n thn h n w y =_ -