OCR Text |
Show CARDIFF EXTENSION CUTS NEW FfilSTl i Breast of Main Tunnel in Highly Mineralized Vein Material. With the breast of the main tunnel showing heavy mineralization consisting consist-ing of iron pyrito and carbonate of iron, Milton E. Price, president of the Cardiff Extension Alining & Milling company, said yesterday that he would I uot be surprised to hear of a strike f on the property at any time. Tho tun- j ; nel is now in more than 200 feet and i is being driven along the contact be-1 be-1 tween two limestones. The vein ma- j I tcrial filling the contact is more than j j four foot in width nt the breast. j The objective of tho tunnel is the in- j I tersection of a cross fissure, which, on I the surface, shows considerable ore on j both sides of where it intersects the contact between the limestone. About fifty feet to the east, of the. tunnel aod running along parallel with it is a porphyry dike that also shows heavy mineralization. Cross fissures aJBO in-tersoet in-tersoet this dike and, in the opinion of the management, the chances of en- j I countering ore in paying quantities at i those points are exceptionally good. President .Milton Price wap showing' specimens of the new formation yes- J terday that has been cneuuntcrcd in i the tunnel recently. He will visit the1 property, which is located in the Big Cottonwood district, in a few days. The company owns five claims and the development work consists of about 4U0 feet of tunneling with Borne cross-cutting. cross-cutting. Assays in silver, lead and about $10 in gold have been secured from the various workings. At a point . about L'OO feet east of the present 1 workings a shaft has been sunk for about twenty feet and is in orq at the bottom. The management is considering the advisability of installing power drills on the property. The transmission lino running to the Cardiff property passes i within a short distance of the portal of I the main tunnel. Milton E. Price is president; T. A. Koehmer. a director of the Cardiff Mining & Milling company, is vice president, and Charles it. Greene, : f formerly general manager of the Cardiff Car-diff and now president of the Tar Baby Mining company, is a director. j |