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Show CROWN POINT IS , DRIFTING TO TAP COLORADO OREZONE Those who ar posted on the new development de-velopment work being conducted in Tin-tic Tin-tic are watching operations' at " the Crowa Point very closely. The management man-agement ia aending out a draft to the west from the 400-foot level of ita new shaft with the expectation of catching the rich vein that was developed ia I olorsdo COO feet higher up. In tb neighboring ground they neounterd a break in the eastern portion of this rich ore xone, and development work waa discontinued .at thia point. Th frown Point management ia apparently of the opinion that it will get thia or on th east aid of the break ia Crown Point territory. If thia theory prove correct, it will fas a matter of only a short tim until th property i converted con-verted to a shipper of a high grade of ore. and if th deposit is found ia liberal quantities the stock should earn dividends. A great many have confidence in tb outcome of thia property by reason of th fact that John Roundy, former manager nf all th Knight properties, waa responsible for th finding of th large ore depoaita ia both Colorado and Iron Blossom. After severing his connection con-nection with the Knights Mr. Roundy immediately got -control of tho Crown Point, which adjoins Colorado on the east. He haa taken personal supervision super-vision of th operations, and tb first thing he directed that a aew working ahaft be started at a point where be expected to catch the or. He seems to have given up the theory of th finding nf what haa been termed the "Great Eastern" Vain and ia pinning hi faith on getting a portion of the Colorado or deposit. No effort will he mad to alnk the Crown Point ahaft below the 400-foot level until th exploration toward the Colorado have been completed. If ore ia found in thia drift, prospecting for aome time will be eontinued in the western portion of th company's estate. If they fail to locate the or in that section sec-tion of th ground, it ia probable that th force will ret era to th ahaft and coatinue sinking. . |