Show SPANISH BELT ANNUAL MEETING at the annual meeting of stockholders of the consolidated spanish belt silver mining company held at the main offices of the company tonopah To nevada last month the following directors and officers were elected for the ensuing year jules V barnd president and general manager hanry G mohr vice president john hoover john siefert and frank oneill additional directors john V wilson was reelected elected re secretary treasurer the report of jules V barnd president and general manager of the company shows that over feet of underground development work has already been performed on the property owned by the company the san pedro shaft had been sunk to a total depth of feet on july 1 it will connect with the lower tunnel level at a depth of feet below the surface the foot level of the san pedro shaft has been advanced a total distance of feet and is now within twenty feet of the east end line of the property in a very wide body of milling ore containing a number of streaks of high grade the company has practically finished the building of a five mile high tension electric power line connecting with the manhattan tybo line and running five miles to spanish belt the company is now completing the erection of a ton ten stamp concentrating mill which will have a capacity of fifty tons a day it is hoped to have this mill in moderation one oDe ration during august regarding ore resources mr barnd barna made the following statement it is impossible to state definitely how much ore is in sight in the property owing to the fact that practically all of the feet of development work so far performed has been done simply to open up the property and not in drifting on the known ore bodies and putting in the necessary raises and crosscuts cross cuts the probable ore however in the west ore body will show at least tons of ore between the old tunnel level and the present tunnel level of an average value of 20 a ton there is at least tons of probable ore exposed between the barcelona workings and the old ernst workings of an average value of at least 20 per ton and also tons of probable ore are exposed between the old ernst workings of at least 20 average it is safe to figure that at least tons of ore averaging 30 a ton will be exposed between the old san pedro and our lower tunnel if the new ore body opened up in the end of the san pedro drift is cut by the lower tunnel level at least tons of additional ore will soon be exposed |