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Show IDSIOl-KEiALL ' ; I FWICES ARE LOW Hi j6 Assessment of 2 Cents 4 Share; Money to Be Used 1 1 ? for New Equipment. 4 COMPRESSOR IS NEEDED Si & 'I S$ Management Considers Re- 1 ? cent Mine Discoveries 1t& i. Worth Development. it f Local stockholders of the Sandstorm-7 Sandstorm-7 Kendall Consolidated Mining company of J Soldflcldr Nev., aro receiving- notices of t a.11 No. S for an assessment of - cents tat share on the outstanding stock of tho rii companv. Tlic assessment Is payablo at Dnce mid becomon delinquent December the sale dato 18 February 2. Accom- if O'liifr the call la a financial statement, twine Hie disposition that lias been je of the money received from call , 7, amounting to ?13,3oG.6'l, together h a report of the manager, setting tfi the progress made In dovelopment I the results attained in tills work, e statement Issued by the secretary ds as follows: "he crosscut was extended Into tho ii for a distance of forty-flvo feet. On at was supposed to bo tho hanging II oro of good grado was found. This yields assays from ?20 to $150 per . Tho ore occurrence at this point urratlr and Irregular, and oro of this ue does not yet occur In commercial ntity. This ore-bearing formation is ig prospected by drifting north and in and has been followed for a disco dis-co of fifty feet, osscut in Quartz, raise has just boen started from the th drift at a point ten feet south of main crosscut. The crosscut is also ip extended east and is still In the rtr mass, which shows that tho true ping wall of this voln has not yet n reached, n the 350-foot level a oross-cut had n driven In the past to a point fiGO . east of the shaft, which was consld-1 consld-1 to be far .enough to cut tho main dstorni teln. Tho developments on bottom level show that tho vein lies her east than tho breast of this iseut. and therefore It is being ex-led ex-led to cut tho vein on this level, lie ore which has been found on bottom lecl Is of tho same charnc-ns charnc-ns that which occurred in the surface icn from which a good production of was made by leasers In the early e; in other words, the ore contains same minerals and lias tho same ulcal characteristics, except that, of fee, the deop level ore is a sulphide wlillc that on the surface was oxl-osent oxl-osent developments indicate that this i which has been cut at a point G70 east of the shaft on tho ROO-foot 1. Is probably the main Sandstorm-diill Sandstorm-diill vein, which has not beforo been ilopcd or prospected below the 100-(foot 100-(foot level In this part of the company's territory It is also worthy of note that ihe physical phy-sical characteristics of both tho ore and the vein are th same on the surface, where the oro was originally found, and on the TiOO-foot level, whore the oro has recently been opened up. This Is not only the opinion of the company's engineers, but also the opinion of prominent engi-lictrsr engi-lictrsr and geologists who have examined the property within the last two weeks. "From tho foregoing statement it will he observed that tho companv considers ItB recent discoveries to be of such Importance Im-portance that a rather extenslvo plan of pevelopment has been determined upon, pis fact, coupled with tho known difficulties diffi-culties of mining in our property, has wnvlnced the management that the ta?iW 5 cnnnot he properly developed with the meager resources heretofore at pur command Install More Equipment. 4 In order to successfully carry out our present mining policy, it has been found PecesBary to install additional and more grnclent equipment. Tho company has already taken steps to securo a larger pmpressor and better pumping equipment equip-ment For these reasons it has been con-, con-, Jimered both necessary and advisable to svy a call at the rate of 2 cents per |