Show Siow Sian Consolidated Makes Record of I S W Production Not Often Met Paying close to of a million ot of dollars In dividends withIn IS 13 months after the encountering of Jf a anew anew new ore body In its ground the Sioux Consolidated Mining company has bas es established established a record In successful min minIng mm tag Ing which is not often otten eclipsed Few who bought the stock of the Sioux Consolidated company following the opening of Its new ore body pal palto to exceed a share for tor It the great majority has paid much less And In Including eluding the dividend ot of November 1909 90 cents a share In profits had been distributed to the stockholders It should be safe to say therefore that the average owner of Sioux Con Consolidated stock Is out less than 10 cents a share shar for his holdings And according to estimates of some ot of the tho best belt experts from 40 to 60 cents a ashare ashare share profits are yet In tIght sight In the section ot of the tho great Corado Sioux ore channeL The action of Sioux Consolidated on the market has been gov t by the shortsighted assumption tat hat the mines resources would woud end wIth ith the working out ot of the great ore annel on the level That this assumption Is short sighted Is proven by pay ore having been en encountered countered upon the leveL leveLAnd And no reputable mining engineer has ever dared rIsk reputation by advancing the theory that the ore beds at from to feet depth In the fissure are lone deposits without connection with ore bodies up upon n other horizons On the theother other hand all experts agree that those bedS ot of ore must have haye a conclusion which Is forced by every detail of formation encountered encountered and by results which have been obtained In every other ore zone In the TIntic district wherein development has been prosecuted to depth Great Ore Zone Has Future That Is one point to be given weight when considering the future ot of Sioux chance chanco that the tho greatest ore bodies of all are to be found at depth In the vein backed by the fact that already pay ore has been opened feet low lower or er In Sioux ground than Is the level ot of the main ore oro body In Colorado ground Another Important consideration which has generally been lost sight of ofis is 19 that In the upper portion ot of the Sioux Consolidated estate Is the famed vein which has been only partially explored to the depth ot of about feet teet In Sioux ground From the explored portion a great deal of wealth was taken In inthe the early days when work was abandoned upon the same theory which the uninformed have advanced In regard to the Cob Colo Colorado ratio rado the values do not go godown godown down downIn In relation to the vein that theory has been by work accomplished durIng the last year or two In the Godiva and May Day mines In those mines was found In the great vein an ImpoverIshed zone extending from not far below the level to somewhere aboe the level On the level pay values have again been found with every In Indication indication that the ore bodies are larger and richer below that level than were they anywhere above Similar results are being obtained In Inthe the Carisa estate which adjoins the Sioux on the south In the Carisa has been crosscut on the lower loyer levels a mineralized zone feet wide with streaks ot of pay ore several feet wide running through It Big Mines Below Betow 1000 Level Conditions In aU all of these workings point to the big mines being opened in this zone below the level even as like results have havo attended de development development ot of the Grand moth Centennial Eureka and Eureka Hill zones In the central and western portions ot of the district t With the fact virtually established that ore bodies greater and at least beast as rich as any et encountered exist at depth In Sioux ground the reassuring thing Is that the managementS management ot of the company Is In the hands ot of men who dare to do things Col C E Loose the man who made the famous Grand Central and Victoria mines has been applying to the management of Sioux Consolidated the progressive methods which have brought success after atter suc success success cess In other portions of the distrIct where conditions are the same Cob Col Loose has not been content with sImply taking out the enormous ton tonnage tonnage nage ot of ore known to exist upon a certain horizon ot of the channel and payIng dividends He has been extending the workingS both to greater depth In tile the big fissure and In exploration ot of the zone which parallels the former on the west Raises No False Hope Cot Co Loose Is however averse to running a chance of raising false hopes While It Is known that devel developments In the lower levels of the Sioux have been highly favorable that they have been such as In many cases would be heralded as providing positive poe tive proof that new resources of value would bO be opened the Sioux manage management management ment has refrained from giving out In Information information formation which might be taken as having been promulgated with Intent to affect the market price or of the corn com panya stock Information released from that source has been confined to admissions that the drift on the toot foot level In the ore channel was being driven In ore of commercial grade and that develop developments developments ments In the western territory were altogether favorable for tor opening bod lee Ies ot of pay ore |