Show IN LENt HOLDS PROMISE Well Mineralized Formation Forma Fornia tion Being Followed on 1250 Level Development work is being pressed forward oh on the Ui level of the Lehi TIntIc mine where the most promising form tion in the Ion long history of the i North Tintic property properly is being cx- cx according to a statement of the tho board of directors of the company corn com vaRy pany which is being mailed to W stockholders t Tho management holds out con con- 4 hope for the finding of an jet anoro l ore oro body at this depth Inasmuch as showings of lead were virtually continuous In the long drift on th the foot 1100 level A year ago the report states the main shaft was completed to the foot 1100 level The shaft was wan to the foot level andIs and andIs Is now feet deep On tho to foot 1100 level a drift was started In an easterly direction and approximately forty feet out encountered wha what Is known as the big big- fault Encountering this fault youn management then drifted north to a point feet on this fault from tho shaft at which place placa wo encountered some heavy black sulphide ore oro of excellent grade but the tho quantity was wan not sufficient to put the tho mine on a productive tive basis Following this thia fault from torn where TF we encountered this ore we had vein cirt material and ore oro practically the en entire entire en- en tire distance for another feet but at present prices of ot metals this J Jore ore was not of commercial value I At At approximately feet from the tho shaft a was sunk seventy seventy- i rivo feet on the big fault with crosscuts at the 50 and foot 75 levels lev- lev els proving ore ore- oreto to this depth Th This This' oro Is of the same nature and char char- actor a as that encountered on the J foot 1100 level A 4 From the point where we we- left time the main fault to drift under the A ore OtO encountered on the foot level we have on the foot 1100 level done approximately 1000 feet of work and this work has been almost en entirely entirely en- en in iron ore carrying some lead This Titis is a very excellent showIng show show- lag Ing and promises better values at depth While the management was disappointed In finding a large body of iron on the foot 1100 level Instead of high grade lead as we fully expected we would cut after seeing the tho conditions on the tho foot level tile tho 1 is much stronger than on the foot level showing definite improvement improve improve- ment at depth and convinces us that we are near an ore body The report calls attention to the history of the Tintic district stating statIng stat stat- ing that at no place placa n Tintic has MS there been a property that carried and produced lead on the tue surface or IL such value and such richness as 5 was produced from the surface of tile the Lehl Lehi Tintic that tat the values did riot not go down and make a a mine at lower levels 1 |