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Show ChLUMET'S VALUES STEADRYJMPROVE Superintendent Says Developments Devel-opments Under Cave Mean Much, The top and half the face of the drift on the sixty-foot level of the Calumet mine, west of Eund, in Iron county, was in lead carbonate ore when the superintendent superin-tendent left tlie property Saturday afternoon. aft-ernoon. He reached Salt Lake yesterday mora ins, bringing samples from the ore body. "We have been sinking to get under the ore showing in the floor of the big cave, which we entered about December 1," said Superintendent Wunderlich. "When we were about twenty-five feet deeper thon the bottom of tlie cave we started a drift southwest. At " first we found only broken lime and manganese, but in twenty feet the ore came In at the top of tho drift, and when I left the roof and the upper half of the face were in solid ore. "The dip of the ore eeems to be toward to-ward the big cave and its strike is in tlie direction of tlie smaller cave we have opened to the west. It appears to be about the same grade as the ore shipped from the drift that led us to the cave and which averaged 25 per cent lead. The values will probably increase when we get to the uphill side of the cave. "In my judgment, we will have no difficulty dif-ficulty in taking out more than the ten toiis daily we have calculated on shipping and when the roads dry out we may do still better." At the old price of lead the Calumet was netting about $16 per ton on its output. At that rate a production of 300 tons a month would return $4SO0, or better than $57,000 a year. The management manage-ment has no misgivings as to the continuity con-tinuity of the ore body, as It occurs in a lime-porphyry contact. The Calumet recently listed its shares on the local exchange. |