Show sinking the main shaft at the colorado 80 per ct lead ore bupt supt john boundy of the colorado nine in which ithe ore was encounter ed last w eeb informed the reporter this morning that he has now started sinking the main shaft his intention being to get sown beneath this body of ore it ism a drift from the 20 foot level tha tithe ore was opened up and a day latel a small cave waa boolen into bupt supt roundy says that in the of this cave or opening he did enough work to show that beneath the capping of iron bleached there was a bod of galena from which he got assays of 72 and 80 per cent lead s soon as the main shaft is put down to the leel ar other drift will be started to tap this ore and while this work is going on bupt supt round will also corn benoe sinking a in the ore te those who have visited the colorado this week are of the opinion thatis will become one of the greate st pro dubers in the news that the ore had been en countered in the colorado last week caused the stock to jump up over 1 per share in a single day ing the valuation of the mine an even 1 it is only a question of a few weeks or months until the mine will bo a dividend payer because the ore is there in large quantities and all that remains to be done is to place the mine in proper shape for handling it bupt roundy under whose able direction both the beck tunnel and colorado properties have been devel aped into rich mines is certainly to be congratulated |