Show VIRGINIA LOUISE REPORT the virginia louise mining company operating near pioche nevada in its report of mine operations for the week ending january 6 says the principal tonnage broken for shipment was derived from the davidson bed and a small proportion was taken from the 20 foot bed conditions at the mine are normal again development work was continued on the first second and fifth levels and the results were decidedly encouraging the drift or crosscut on the first level which recently struck the great northern fault was stopped and a new drift was started along the fault following the ore which lies along the contact between the lime and the shale this drift runs back to the north and will be continued so long as the ore justifies after which another drift will be started south this work will determine definitely the course of the fault and give us some much needed information in regard to it and at the same time yield a small tonnage of good silver lead ore the drift on the fifth level is especially interesting increasingly crea singly numerous bunches of low grade ore encountered indicate that there is a large body of ore close by this ore body is doubtless overhead a fact that will be provided by a raise which is to be started in the near f future ten cars of ore were shipped containing approximately tons cars are coming in nicely and the shipments are now normal averaging about tons per day great interest is how being taken in the adjacent prince consolidated mine prince stock stack is excited and advancing daily in price on the salt lake exchange on december large blocks of prince stock changed hands at 92 cents almost double the price quoted three months ago and one small block changed hands at 1 per share the justification for this advance will be analyzed in a later report water level was struck in the now new prince shaft at a vertical depth of feet from the surface on december |