Show more ore Is found at iron king mine 0 development campaign being carried out on 1665 1565 level la Is expected to bring property into the producing class a recent developments in the iron king haie been of a most moat sails factory nature and throughout the week the stock ot of thia this company haa has been heavily traded la in on the ex a change heavy buying following the announcement that some addi lional ore had been found on he ho 1565 level sent the stock up to ag cents from which point it haa has bince since receded a few points col C F loose manager of the property was in the district during the week and says that witti I 1 ii tho the present showing of ore a ana n moet most favorable geological condit conditions 0 ons the outlook for making A mine of the iron king could hardi hd be more promising since nee the h first bunches of ore were found pythis this level some weeks ago supt bupt us W roberts force has done about feet of work the point where lead sul chlde ore was this week encounter ed at the contact between the quartzite and the lime Is fully feet away from the ore that was first found previous to this week all of the development work had been in the quartzite and much significance is attached by mining men to the development of the ground along the contact or over in the lime as bunches of ore already encountered appear to be small off shoots from a larger deposit in the more favorable formation supt bupt roberts la Is now driving boak ways along the contact and for the present has discontinued work in the raise owing to heat beat and gas at no time since deep work wa was commenced at the iron king hue has there been such a favorable showing in tact fact this la Is the first ore that has been encountered below the iron deposits P 0 s ts which first attracted altot alon 1 0 n to this ground it seems quite certain that with these bunches and stringers of ore as a key to te the situs lion tion the officers of the iron king will be able to locate a large deposit at of commercial ore |