Show fUTURE POLICY fO fOR GIROUX IS OUTLINED U Alter After Thomas F. F Cole Colo and party had hat made a a thorough inspection of ot the Giroux Consolidated properties In Ely Ey 1 Mr tr r. r Cole Calc expressed himself as a aswell well cn satisfied with Hh tho the mineral deposits deposit that had been disclosed dis closed In that territory Mr Cole Colp said sald Wo Ve entered Into Inlo tho the matter mater of ot a thorough thor thor- ough Inspection enthusiastically for wo knew when ho acquired tho the Giroux GIrou hol hold holdings ings In this camp that the property was ono one that would develop elop Into Inlo one of ot the I with tho the work greatest of or Us Its Is kind now wih of Qt Inspection concluded and careful plans arrived e at nt and ami decided upon for or preliminary prelim hiar inary fURr work on th tIu ground our am ur is hs greatly p Increased and with ample amplo seasons for tor our final conclusions lons regarding regard ing ng the value of at tho thin mines R ar are moro more flattering flattering flat flat- tat tat- than thon we had hael anticipated A Ax As a result o of or the visit of ot the tho Colp- Colp n Hyon nn crowd which has 1118 obtained control of or the Giroux properties somo mo big hiS Im Improvements Im- Im were wre d decided let upon In outlining outlining out out- lining tho futuro future policy of or tho the company compon President Joseph L Lr Giroux has given out tho tim following written statement t Shaft Shaf Tho development orl work has disclosed tl bodies bodie of ot rich rih smelting ore Consider Considerable been To able ble water va has cu cut 1 handle Ull this work In the Immediate future another compartment will 1 be he a added to tho the shaft and ami tho the entire entire- shaft baft shaf will wi bo be wherever here required and ad thin tho whole placed in good od safe safo condition Additions will 1 bo be made to th the tho plant and an economical pump will bo be bought hought und Rud Ind In Installed taner to hand handlo the tho comIng coming corning com corn ing water to permit of or uninterrupted work The Im Importance of or this part of or the mine now justifies a n largo large expenditure to sink Ink R a R mo modern ern five compartment f shaft to tobe he be located In tho the limestone south of ot the th present workings Tho The limestone is not mineralized and ad I Is le of ot such s ch stable character charac charac- I ter that the tho permanent shaft shaf cannot only be bl economically sunk therein but ran Rn n be successfully maintained affording S I permanent outlet for our men and the tho tl rapid and successful prosecution of or tho the work ork of or developing dc and mining tho the rich or ores orp s of or this section Becton A Yer very large tonnage of or good 00 concentrating concen coneen- ors orrs has been developed In the openings at Morris Brooks and Bunker Hill shafts Ct We e will wl explore additional ore Bi of or this character using chum churn drills dris for boring the tho overlying o capping cappinG and testing the character haret r and value of or theore tho the ore ore bodies This work will 1 quickly disclose disclose dis dis- dis close the tho location an and character of oC ore that cOBO can cn tf be mined with wih steam shovels I Already one deposit of or good concentrating ore that can be economically mined by hy this method has been found and anti l partly arU explored Development work nt at the tho tho Old Glory GoO shaft hat has opened a n good sod body of or high grade jrade Jrade smelting ore It I Is Js planned to push development work ork on this oro ore at atthe atthe atthe the earliest possible date It Is early to disclose advance athance in information information In- In formation I about abut smelting but bul It i Is hoped hope our work will 1 soon place us In position to assure asure permanent output output of or direct smelting ores that can cnn be b mixed with without our out concentrates the whole successfully s smelted melted and converted Into blister copper the ores ores to be reduced lu In a modern moler smeltInG smelting smelt smelt- ing InG plant |