Show EM ENDS DS YEAR EAR 1 ABOUT ABO UT SAME AS BEGAN Empire Im P Mines lines Report Shows Large Lame Amount of Dc De Development velo of T Herald lol Special e Provo April 3 But I.-But But little lithe progress progress progress' was made durInG the tho past year by th the lo Mines 1 company compan according to tho annual report The year car cn with In the treasury At th the I bo beginning of or tho year N tho tiro company compan started with received recel 17 I 2345 from the sale of ot or ores s loan o OL or I salo of oC treasury stock 61 salo sale of ot equipment 1 0 anti ami ac- ac ac accounts aC 1 counts receivable of or raking making ft a total of or whilo dl disbursements disburse disburse- burse- burse I monts ments for tho the year ear 8 39 I Tho ho report of or tho assistant general genera I manager says says- During Daring tho fiscal year Just ended ostensive extensive exploration an and prospect I work has been carried on with some gratifying results although no prominent prominent nent commercial production has re- re suited Following Is a 3 brief report of oC this work ork i From the No 2 shaft known aNthe ns as the Lower Mammoth 1 we wo extended the tho thre east cast crosscut on tho foot root Inv 1 1232 fc feet t. t Into what Is common commonly y Known as the tho old Star territory This Crosscut work at tho the time of or this re- re port Is of oC ofis considerable Interest as aa It Itis is IR directly underneath Immense quartz showing on the surface and also niso vertically beneath the upper leV leV- le of oC the thc old Star Stai mine which pro- pro ore during the tho operation of ot that properly as an Independent corpora- corpora Lion llon This work Is at nt a depth de o or 2000 feet or 1200 feet lower than the deepest deepest deep deep- est work from tho the old ld Star sh shaft fl thus giving 1200 feet flet of or virgin 4 territory above o tho present workings sho should ld ore be bo encountered The last few rounds in this faco face show a heavy y Iron iron slain and consequently an Indication qC vein matter maller not far distant m Wo We have also extended the north drift from this same level le on I the he vein of ot ore are encountered In 1918 It will be remembered that this vein was developed developed developed devel devel- while running the main crosscut n n. distance of or 4 feet teet Into tho the Opo- Opo Mining 1 company's compans ground Wo We 0 Have lr passed through s several ver l bunches of or first-class first ore oro but at no time lime of ot sufficient quantity to b bo considered commercial Just now we are arc sinking a on the side lines of ot tho the and ground ground with a splendid sh showIng show show- lv h Ing of ot lead copper and silver ores ore's but sIll sOU bunchy as It was waa on tho main level lovel We c will vill continue sinking the as Ion long as the present favorable favora favora- ble hie Indications prevail with the ex ox- exp expectation p of or finding finding- a a. commercial oro ore body bod Your Your company compan y Is also availing Use Itself of or the opportunity to to prospect tho the old SP py section of oC this territory at a much greater reater depth than anything heretofore attempted by working through tho the foot 1700 level of or the Iron Blossom company's compans No 1 shaft We te have Q drifted 48 feet west cst from tram the tho theT theiron T iron on Blossom west side line This developed tlc a lead of oC copper copper- grained quartz on which wo we are now raising hoping to find a more soluble bed of or limestone In which the ore can make maleo in quantity system has l been en continued continued contin contin- throughout hout the year in cleaning up Ull tho the old slopes and following any other leads thereby developed The Tho treasurers treasurer's s report will show tho the success suc- suc cess Cs of ot this policy balance sheet for tho the year en end ending fag i ing December 31 1919 shows r Cash sh Accounts receivable Supplies Insurance inventory In Mining property Trustee stock Plant Treasury Treasur stock War liar ar savings stamps 2850 Total b Capital stock Loss an and gain aln account 15 D December cember payroll I Unclaimed wages 1194 Working capital Accounts payable Total Tola T lal |