Show CHIEF CON MINE IN PAYING CLASS Starts Stars Shipping in October Shows Large Earning in November A characteristic example of ot how good go mining in I the th Tintic Tintie district will wi bring results It la Is made mae by the first annual re report rep report port p of President Fitch to stockholders of the th Cr Consolidated Mining company The Th Chief Consolidated company took over the te property of ot the te Little Chief Chie Min Mining Mm ing company and some m contiguous prop properties erti in I February 1909 1906 19 the first frt good go ore oreby body by was w found on the t 1400 14 level of the mine min in October and in that month the first profits accrued amounting to The The profits for November were and ad Mr Fitch anticipates that the rate of earnings earing will wi be b gradually in increased Increased creased cr during dUr the t coming year Since the report was issued the period covered being bl from February Febary 16 Ii to No November November vember 30 shipping ore has been ben en encountered encountered countered on the 1000 18 1 level the same ore oreby body by is I due to be b opened ond on the 1200 11 level and it I will wi be b opened on the 1900 1800 18 level tevel as soon s as the shaft haf can cn be b sent down pUshed and th the necessary drifting accomplished acom Shipping from the new ore body by was commenced October JO 20 1 and ad up to No November vember rember vemb 30 1 the net returns from the tel tl for that ore or alone alon alo were wr I IThe The present pr nt depth of the shaft is 1675 feet tet Drifting has h been done doe during the year yer on o the 5 1 10 1000 1400 14 and 1000 1 levels level Much promising ground grund hat has ba been developed develop on the te lower loe four levels and several verl hundred tons of lead lad silver ore have been shipped from the 1008 10 1 level Acquires Valuable Estate The company has acquired acquire by purchase and exchange virtually all al of ot the th out outstanding outstanding standing shares of the Little Litte Chief corn com company cm pany and in addition additon to the claims owned by that company It I owns ow directly two claims caim and has ha a interest in two others othen Through a controlling ownership of ot the th shares of the th Eureka City Mining Ining company compy it has ha the right to all al minerals under uner the greater portion porion of the town of Eureka The combined estate of approximately acres covers cow 48 feet of one on known kown ore or zone aone and the th entire territory is Ia virgin ground The Eureka Erk side aid of the Tintic district d Mr Fitch Ft observes observe ta is I celebrated for the persistence of its It ore or bodies b and its mining record is almost without a failure He believes that the Chief Cit prop properties properties ertes are the equal eual of the beat best in the district Of or its It authorised capital stock of 1000 10 shares the Chief Consolidated company has sold shares at II 1 a share M shares have hae been issued I in payment for property and shares have been b exchanged for 16 shares shar a of Little LittleChief LittleChief Chief stock stok leaving shares in the treasury The company also 8 has b In its I treasury 1077 cash shares shaa of Little Chief stock tock and shares of ot the te stock of the Eureka City Mining com corn company pony pany |