Show L I l RAY CONSOLIDATED CO COL COI 1 ISSUES I A GOOD REPORT 0 7 I t The rite executive t committee m of 0 the Ray 1 t S If Consolidated Copper company com any has ball just juste j e Issued tied a statement ment to shareholders eon con concerning eona a the lOW 1000 1 acres arl or more of bearing territory that the company compan Id Is de developing developing I Ii i In the Mineral creek reek mining dis district h I I at the thO old camp of Ray Ra Pinal Final I county Arizona The ThC statement Is 18 dated j May and anti Includes a II comprehensive t J I 1 description d of n r th mines and a summary of oi development b by Engineer Henry Crumb to Ma a IS Th ThI j I After dealing with the thc size site of the min mm I t pral fral belt that lint runs inns through throng the country i t nd most of or which Is covered by bv the com corn l pany holding and aft utter T describing de the them thel l methods m of r f exploration Mr lr Crumb gives I a table I owing the tI amount of develop development I ment mont tn In each of nr the six nix contiguous groups I I constituting the property In acres aerts tons tone 1 I of Are ore in tn sight topper op r contents thickness of ore and n i thickness of capping From FromI j this table it is learned that all aU told only I b 11 acres of or ground has so far fr been de developed dee e t while tons tone of ore has r been placed in sight The average assay asray of o this mess mass IS is 2 per cent copper the i average avae avers thickness of the HI ore Is 10 feet fHt I J i and ami the tC average atrue thickness of the capping cappAni i Is IB m feet In addition to the ore actu actually actually t ally any developed d as u stated Mr Crumb es estimate e ei 1 i tons ton of partially devel doyal developed 1 oure ore |