The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-05-03

ties all official statements regarding operations
given out.
Development cenered in the In which
more than miles of openings have made 10 do
The called lode which underlies the Lake he'd
az depth of and is fairly rich, though nao,
is receiving share of attention and promises well Tho
Lake fully developed mine of than average rich
S. small extent Though production now only
only tons of rock daily the mine easily no
made furnish from 1000 to loo tons daily.
of course as Lake has only fully equipped II
necessarily its limit though working capacity O,
the grade of rock as now being handled produe
ton of 100000 pounds annually should be attained
SUPERIOR BOSTON
The drift according Geographic advices
from Globe a entirely stained with copper
with very good lunches of chacopyrite carbonate
mixed. For the past week. small srnger of suphide
the drift all indications point to the clos,
proximity body.
upraise the sth level holed throueb
and possible raise will be continued o.,
above the 9Th level
A sube being driven midway between the 9Th
Sth levels and is a grade Of ore than
encountered the previous work. carries consid
eiably glance.
Drifting continues the 18th, but time being
the main efforts will be cenered the 10th as dc
,eopmens from this level will give the cement ad
ditional carry level work
WORT
in good At point where croscutted the vein
showed width Of 80 feet the hanging not as vet
been reached Twenty this n ore that as
sayed cent and the balance feet was ore
showing values of from t1s to per cent copper.
While development is presumably on a vein indi
cations the 9Th level that occurs as a re-
placement. in much and hanging are OF
limestone formation similar o ore bodies found in
the Bsbee district
Very fat ring
being driven southeast the Sh level to tho
QUO Vadis vein. While it estimated crosscu has
20" feet to go before picking the vein it has already
lccn i'm quarzite stained with copper The ndi-
cations show 1t to he of the strongest on the
property, while will elapse before IN.
vein be encountered developments from
this point are being looked forward with interest
owing the labor difficulties at the E Paso sn1etc,
such ore as is broken in development work
shipped to the Old Dominion This totals about
90 tons daily When the strike is settled the RI
sneter which is expected to be within the days
Gre shipments will again forward FL
company has very favorable year contract with
these people strike is settled they will con
tnue To ship to the Old Dominion smeter
With the resumption shipments to FL Paso the
present amount will be increased 100 possibly
tons per day
The stock which No has paid
is being advertised delinquent, will be sold a
to be held at Globe
Stockholders q gratned at
nued good reports from the property. would
b, surprised to material improvement the value
of these shares the publication any good
from the 10th level.
oNEco-
The time designated the directors to pay the
assessment called expired May l. AS
stock selling in the open a very
amount Of the called IT is not expected
delinquent list was reduced materially The state
ment given showed that there were approximately
$4,000 shares outstanding on which the last call of 81
per share had paid. this out of total of 10000
shares issued
IT may be several weeks before the delinquent
ohes place rs it is necessary to advertise the list OF
delinquents
Development work the property is as follows: Con-
tnued drifting north level south on 18th level
and crosscuttins east the i1th level
drift was discontinued week. or at the time of start
ing prosecuting. and penetrated distance 9oo
iee'' Results of development date
very or"'harS only punches of good ground being
oo're" WIN stretches of lean rock intervening. Tn
doubtedly the diamond 6rin driven in exploring this
property which showed good results went through
one of these punches q good ground
HEATING
While no official are obtainable we under
stand that the earnings this company for April will
re nearly as coed II better than the figures given
out Tor March of $4,000, and further that quite
key this rate Of earnings will be continued as additional
miners have been secured more teams engaged
haul the to the railroad
DeNe'opnehts at the property continue very
he IN ore shoot has been encountered on the
and several days shipments from this ore body showed
''eS VI Sioo gold besides the usual of copper