Show DRILL HOLE IN I HIGH GRADE GRE AT Consolidated Company Is Pushing Development Work A diamond lamond drill hole holc recently completed com corn from tho the extreme extrema western end of at the foot 1300 level le cl of or tho the Consolidated Consolidated Consol Consol- Consoli Consoli- dated property at Ely Eh Nc uncovered 20 O feet of or oro ore assaying per pcr cent copper bet between we on the tho 1300 anti and foot 1400 levels and a deeper ore ore- body where the tho drill passed through 65 feet feel of or oro ore carrying an average crae a of ot 71 per cent copper Tho The bottom of ot this oro ore Is at a depth of ot 1655 1555 feet belot bolow bo- bo low lot tho the collar of or the shaft and lies about feet east cast of ot the oro ore that the tho first hole drilled where 33 feet of ot ore that averages a per cent was loea located tet Good progress Is being mado made in sinkIng sinking sink sink- ing InS tho tile Atha shaft shat which has now reached a a depth of 1640 feet feel Also active development work ork I is In progress progress ress at the tho Taylor shaft shaf on tho the north contact On the foot level of or that shaft shaf a n crosscut passed through 50 GO feet of or sulphide oro ore that averages about 2 per cent copper 11 gold and some somo saro sliver silver siver values A crosscut i 11 Is now being run on the foot lovel to intercept this Considering that most of or the tho largo large porphyry copper coppel producers maine ores averaging a about 2 per cent copper tho time developments on tho the lower le el levels of or ortho tho tIle Consolidated property property prop prop- erty rt indicate possibilities of or an exceptional excel excel- tonal nature Consolidated In 1918 I produced pounds of copper ounces of silver and ounces ounce of or gold Ore Oro reserves as of or December 31 1 1918 were given at tons averaging per cent copper 1 tons of or sulphide ore assaying 3 1 per percent percent cent copper cent copper and ancl tons tollS of or oxidized oro ore carrying S per pcr cent of or copper Recent developments have un undoubtedly added in excess of or ore extracted during during dur dur- during ing tho tilo past ear The annual report vat year f n c n 1 1 1 V. V L Lou AI LV U. U soon and to show a substantial In Increase Increase In- In crease reserves In quantity an and quality of or ore |