Show THE walter CL C ore orem m manager of the Vespasian hoodley mines has returned from a visit to these chese old time producers whichard which chare are located near the head of markham gulch bingham and he expresses himself to the mining ke ite view view as being highly pleased over the pro bising condition of these properties which have shipped quietly heavily in the past and which are admi admiralty admira rally Uy located in one of the richest portions of ginghams Bing hams great mineral belt in the main tunnel in the vespasian ground so the review is informed a large birge tonnage of ore is blocked out that would be of excellent shipping quality were it not for the fact that it runs high in zinc the average assay value of alie tb e ore being 20 to 25 per cent cen t lead about the same in zinc 12 to 15 silver and from 2 to 3 in gold to the ton but with the preseD to outlook of a better market and a 0 greater demand for kinei zinc thereby doing away with the penalty attached to zinc bearing ores at the local smelters shelters sm elters the prospects for the future of the company comp anys property presents a rosy hue the vespasian vein is a large contact between lime and quartzite and carries with it large bodies of ore of the quality and character above mentioned although next to the foot wall there is usually a pay streak of ore free from zinc that commands good prices at the smelters shelters sm elters the vein is crossed by the hoog ley fissure vein which is embraced in the companas comp anys bol holdings bildings dings the old hoodley mine is noted as a producer of first class ore ship ments of which in carload lots have been made going as high as ounces in sliver silver to the ton tod wi with gold values ranging from 10 to 40 every foot of this vein as far as developed has produced some ore the hoodley mine has been worked in years gears past by lessee les sees and quite a number of them have given this property the credit of giving them a start in the financial world the company has done considerable work during the past year in the development of the vespasian mine it is also engaged in the driving driving of a long tunnel the jobje object ct of which is to open up the vespasian contact and the hoodley fissure veins at their inter intersection 8 e C t i 0 aj at which w h I 1 eh point pot 11 t it is confidently believed a large body of high grade shipping ore will be uncovered the new tunnel is naw now in a distance of som something ethino over feet and although the vein has not been reached as yet the face of the tunnel which is in quartzite is strati stratified fled with small seams of galena ore and the indications are that it will not be long iona now before the desired connection is made the fact that the country rock is streaked and seamed with ore going to show the ai existence of an ore body in the very near v anin i in ity while the vespasian hoodley is regarded aj aa a prospect as yet not notwithstanding w Ith standi ng the fact that it has figured on th the e shipping list lista ill the past the company is firm in the belief that it is possessed of undeniable merit and is is confident that with more extended development 0 it will in due time fall ato into line as one of the heavy and regular dividend payers of this wonderfully prolific camp |