The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-12-23
OLD COLONY HAS
PLENTY or CASH
Mayflower Lode Shows Unusual
Width and naturalization


Copper co. has been mailed to th'
shareholders. President Il. f. Fay
states the company is well supplied
With funds having S6s.64I.57 on OCT.
!. Mr. BAY says:
In April 1872, having finished the
first and second sections Of our ori-
ginal plan 10 drill the southern and
eastern part Of the old Colony lands
We changed The location Of our work
10 the north, and hole No. ~ was To-
Gated between 400 feet and 500 feet
southeast of hole No. Ii on the May
flower property. which has been called
the discovery hole
In the succeeding eight months
% date, six holes have been drilled
IN all 81 which the horizon Of the
Mayfiower lode has been located,
showing unusual width and a higa
degree of naturalization. The fault
lines disclosed in holes No. Is and NJ. /
10. although OF common occurrence in |
mining every where, must be carefully |
noted and their direction established |
by further drilling which is gradually |
developing the property north ana
east and west The information Sc
cured from each hole Simplities The
work, ana gives Consulting Engineer
Dickerman ana Superintendent Good
ale additional data for their final rc-
port. which must be- based on their
unusually thorough and systematic
correlation work. upon which the h.
cations Tor shaft sinking will be mad
and "a permanent plan Of development
established
Supr. IS. Go"dalr reports as follows;
From December 1911 Ia April 1912
all activity was conferred on the rN-
tension 81 our exploration by diamond
drill 81 the southeastern portion Of the
property. Holes Nos. - l3 and Is a :
with a total % nearly $500 fet OF drill
ing, completed the second section II
our original plan tor the southern part ;.
II the property and in April 1912 the ,
drill was moved 90 the northern part
uf The property adjoining that part =.
" IN" MlyilOwer property where pre- .
sious drilling had disclosed a highl, /,
n.neraIiZed dmygdal,idal bed In this
northern territory. We have taken out
b total 81 more than 10000 feet OF :,
drilling iu holes Nos. Il 10 10 inclusive
".rh- horizon of The Maynower dis :,
.overl has been determined in holes
Sos %. T.. l6. n. * and 49, the To- =,
alton ~ each hul,. being established
git' the idea of tracing the mineraii-
alton .n It's southerly extension r
through old Colony and also 10 d. r
ermiue It's upward trend towards tho
ut-rop
Hole SO u disclosed the amygda-
,iduI portion If the lode from 1888
--' 20 1865 feet IN depth, tie better
.rr,- Of naturalization extending
rom 1856 Co. 1886 feet within these O.
limits "a good degree Of naturalization at
vas found the values occurring as l.
fine ana shot" copper and the VI
Judge ASSAYS varying between 30 ID
~ cent and I'll prr cent. cor from u W
sounds Go A. pounds oi metallic cop ia
or Zoo The ton % rock the averag ~
~ - feet being T. 80 per cent equal y,
+, BIS pounds Of copper Co the ton. -
~ have located the horizon Of Ia" r,
lar flower lode 100 Zach hole driven iu
be- DId Colony s.oporty and an Of tn
oI"- through This formation have dis in
Tossed copper the general aNrarg- %:
90 the values indicating e formation
Vim am unusual degree Of minrru- ia
alton
Holes Nos 80 and ~ were designed
/, Investigate the lode about 100 feet
asst Of hole So. a. In 40 10 we have
Isr cut the formation having first y,
ass-d through the everything trap
Glow which was the mincraliz.d
bed followed Dos the foot ~,
aII trap. tho middle conVlomerate ans
ne lower ophltr The data secured
rom this hol" ~ more satisfactor'
ban that from 80 49, for while No
= definitely located the Mayanv,i 3D.,
,dr. which showed rather phenomenal
ichn"ss. only small portion of Oh,
or. was secured the drill hayiu" w'
Violently cent & fault plane showing
disturbance ut that point IN
hole 80. 20 is now sinking about GOO
Pet northeast on tho assumed strike iol
ne through No 10 and So n has
cen located ahou, 300 feet west Of ad
10 H..
After the completion Of hole 40. lc
IL further attention viii br given Co.
le southerly extension Of tho lode pr