| OCR Text |
Show Fiflli Level Resource Changes From Milling to First Class Material. LARGK B0Dlr NOW IS BKING EXPLORFI) Theory Is New Ore Is the Continuation Con-tinuation of the Upper Resources. The May Day property of Tintlc certainly cer-tainly Is doing Its share of keeping up the procession of discoveries of merit, reports Wednesday being to the 'effect that tho new body of oro on the 500-foot level had now changed from its original character as milling to a tlrst-class shipping ship-ping grade product. Nor Is there any way as yet of soCurlnc: a lino on tho extent of the ore. Tho body has been penetrated for thirty feet and the shipping ship-ping rock shows clear across tho breast and enters all tho unexplored sides. It looks, therefore, like a big body, ono typical of the early days of this producer. pro-ducer. Recent developments tend to create the Impression that this body is tho continuation con-tinuation of the resources had on tho levels above during the past sovernl years and that tho management has been on the wrong track up to the present pres-ent tlbc In believing, as all conditions then pointed, that, the large upper bodies pinched to narrow stringers below the 400 level. This body Is some distance away from tho stringer section which has boon pretty thoroughly prospected, alid should this theory hold true It. moans a now May Day, or. at least, a continuation continua-tion of the May Day of old. This hew theory, therefore, has convinced con-vinced the manngoment of tho wisdom of searching for tho same ore closer to the present point of Interest than anything heretofore planned, and some Interesting developments may be expected ex-pected from time to lime ns tho territory terri-tory Immediately under the new strike is probed for oro. Up to a rouplo of weeks ago the May Dny has been considered a worked out proposition as far as the mine on and above the 1000 level was concerned. Depth wns considered the only consideration, which nioani the calling of assessments on the stock. Rather than do this, tho Dorn Interests having control, the board decided to try a little more- of the untouched un-touched ground above, and ono assessment assess-ment was levied, the only one callod for by the Interests now having control. Tho development work was paid for by the royalties from leasers and the frequent returns from concentrates from the small mill on the properly. Success certainly has been gained In a very happy manner. |