Show 54 v T T News New From All AU g y With the tiie Latest I II FI L J the Camps and andon onS TOCKS Prices Flashed I MARKET iWA 1 on L k LJ From Leading 1 i AMERICAN fLAG MINE MIN RESOURCES BY A RECENT Fl fiND Ii Recent discoveries at depth in the property property prop prop- erty eLty of the American Flag company at LI Park Parl City have havo been of a very encouragIng encouraging ing nature according to recent reports received in this city Tho The opening up on onI I the fourth level of ot the property of a vein l which in itt the early days das was ns productive 1 of or a big tonnage of ot first class ore more it than doubles it i is said the apparent value alue o of tho the mines mine's resources at the present pres pres- enc ent time and as the tho work continues the outlook ou becomes more encouraging S F. F W. W Crosby mining engineer who vho re reI recently recently re- re I visited the mine submitted a re report report report re- re port on conditions as he found sound them which In Jn part follows The shaft is 1130 feet deep with stations stations sta eta and levels at tOO SOO no and 1070 feet from the top o or collar and known lown as the fourth fifth sixth colar seventh eighth ninth tenth and andele ele eleventh nth levels A vein which I will wi call cal the tho main mate vein has been developed from fromI H few feet below the el level to I considerable above the fourth level with J between these points However the drifts rl a along this s vein have e been e run hi r rt 0 hut a few hundred On r f feet from t the shaft t U n and there is over a half hal mile mie of this v vein ln on the American Flag ground trial can bo be n C prospected and developed This Thi vein was 1 C. C lirt encountered about eighty feet from V T. T the portal of at the old tunnel In which the theS S first discovery of ore on this property was frt nado nade The vein at this point showed I Ilow low gold values and was drifted on for only fourteen feet The first rich oreon ore oreon oreon k on the l property was encountered about teSt feet from the portal of this tunnel ter where a feet deep was sunk a and ani said to be all al in ore t Several drifts were run from this j the longest being at a depth of or ri feet and at this point the tho vein is very I. I strong and runs luns parallel to the main ven vein r but It Ie has hal not been encountered in the workings from the main shaft unless ss possibly the vein lying about feet past east a t of ot the main vein on the eleventh level may ma be the tho same vein The characteristics characteristics char char- are different but being almost almost teet deeper it might change at that SOo depth This vein on the eleventh levells levelis level levelis is ls as is the main vein very strong and Ind persistent and is ls highly mineralized Some borne assays from it arc are very high gradeI grade I I believe this mine to be one of the best partially c bele developed properties that I have ever seen In my sixteen years' years ex- ex and I strongly recommend a campaign of ot energetic and intelligent de development development de- de ot without delay This property surrounded as It II is by mines that have produced more moie than titan and in ln which ore oie bodies of from twenty five to OO feet feeL in iii width are not uncommon hould be equal to an any of its Is neighbors and needing only proper development to tomake make e that possible The mine has a splendid splendid splendid tha did plant of ot machinery machiner and is so well wel equipped that active development can be prosecuted without delay |