The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-15
PRESIDENTS REPORT
IN G|ROuX ANNUAL
Details of Alpha erritory
Given in Statement Now
Being Received.

The following is n portion of the an
nual report OF President Thomas r.
Cole Of the GirouX Consolidated COM
pauy, the report now being received out
west:
Aside from two placer claims secured
during tho year, mining property re-
mains as stated In the last annual re-
port. We have increased our holdings
TO 2ig,5T5 shares of Butte and Ely
Copper company. which has total cap :
ualiEatIon Of 200 shares.
Alpha TerrItory-At the time OF the
last annual meeting we were directing
our efforts towards opening up through
the new Glroux shaft. the highs grade
ore bodics cut by the old Alpha shait
on tho 1000 and l200-foot levels. ~
was our expectation that about 'Iuly l.
1911 we would be producing from TINS
territory high grade. direct smelling ores.
We finally connected with the old Alpha
workings on June "a. i%ll. .od
Ore disclosed on the loon-ioV suo" % ~ ~
larger on the floor than at the toI, OF
the drifts. from which IL appears tiN.
this level Is nearly at the top 9t ,ne .
orc bodies. Chances are iaNoraple 10,
an upwards extension OF the orc 70 q.
least the 770-foot level. ore shown on
sill floor of 1000 level is mostly rlc!l.
black oxides. From number oi plucess
on this level mining could be star 'e'
Work on the 1900 level showed the
existence. for the full width OF the min.
eralized zone. OF tho same clasS VI Oh nss
encountered on the 1000 lever, oIu SnI.
WORKINGS on this 1900 level show ore FOR
fuIl length OF 16O~;cct running toutside
of native copper up 10 p per cent cop
Per. At the time OF ,iis mre on ,n zoo zoo
level cast and west. With view oil
showing UP additional ore Suuiclcht
work had not been completed 10 iur-
AL. n In
reliable estimate of ore tonnages. Saile
is true likewise Of the work done on the
1000 foot level. -.
Old workings and drilling. in conJunSc-
ZION with our own development WORK.
ysIth the results OF the same as TO coz
nor encountered and the TREMENDOUS
Teaching, clearly demonstrate the cAlst-
cnce at greater depth OF rich ana eN-
tensiye orc bodies There is ample room
for large bodies OF ore, even thoueh
the same should not penetrate the hme
and the immense deposits OF copper
bearing measures in the vicinity, coupled
with the visible evidences OF enormous
circulation OF mineral solutions; point tae
way To Important bodies OF high-Graae
ore along the two-mile limestone por-
phvry contact within tho boundaries OF
the property of this company. II Is
estimated that there are III sight AT
least $4,000 tons OF ore available Tor stop
between The 1000 and 200 levels, and
OF a grade To exceed 10 per cent
copper.
TayIor and Dewey Mnc-A further cf-
fort was made To develop our territory
here TO determine the extent Of the ore
deposit We found il impossible TO con
duct cIIuIn drilling 10 advantage, and
thls mine will have 10 ne further devel-
oped by sinking shaft and by drifts
and crosscuts. When fully developed this
mine viii undoubtedly produce a large
tonnage OF high grade. massive. sulphde
ore
Butte and Ely ground-In general II
NAV be said that So far shown by
The former drilling, tho character of tho
orc Will compare very fayorably with the
results OF tho Nevada Consolidated COM
pany on adjoining territory.
Our drilling of the porphvry orc is far
from being completed We have large
areas of ground TO explore for This class
OF ores. which. from the indications and
know edge We have concerning the same,
give promise or assurance of developing
large additional tonnage.