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Show CHIEF CON. MAKES HEAVY SHIPMENTS OnTSWORES HMamaaauaaaM Walter Pitch, general manager of tha Chief Consolidated, gave out a statement covortna operations of this Tlntle property, prop-erty, which shows what rcuits ar. at-taJned at-taJned bv Int.lilgent mining. Operations wer. started In September. 1909, and up to April 10, 1911. there had been ehipped from this property 10.303 tons of or. Th. net return, on this ore amounted to $249,131.90. Th. averaa. grade of the ore Is sltahtly In excen of .' to th. ton. which, whll. not ac high as some of the extraction mad. In that camp, alvea the company a nic profit. No efTort has been made to rush Into the dividend paving division with this property. The shareholders ars given an account of the operations and the controlling con-trolling Interests are In harmony with7 the Pitch policy, to get th. property opened up and properly equlpp) no Uiat It will be a dependant, bread winner for y.ars. Whll. the mine has more than paid it. own way. the surplus to a considerable extent has gone back Into development snd aw equipment. The development Include, a 'shaft which hu attained a depth of 1S7I feet, and a number of drifts into Ihe ore sone. The principal part of the work la confined to the Uixi-foot level at present, which Is said to have a fine ore showing. 4 The min. hu some of th. most up to dst. equipment In the camp. No delaya will be experienced for lack of power for hoisting and drill operations, ft is surrounded sur-rounded by anm. of th. bia mines of the camp, and great depth will be attained. If th manaaement g.ta sufficient encouragement encour-agement In its operation below the prea-ent prea-ent workings. While officials of the company com-pany are not willing to make a forecut. It Is safe to sav that dividends can b. paid within a short time. |