Show OPEN NEW NE RESERVES IN COLUMBUS GUN CONS Pl President Tony Jacobson Tells of Developments During Last Year BIG ORE BODY IN HOWLAND ROWLAND Great Possibilities in Cave in il ilI I Extension Ore Ore Receipts Run High Highl c On account of the lar large e number of or proxies to he be certified to the annual me meeting of the stockholders of the Columbus Co Co- CoI Co- I lumbus Consolidated company called for yesterday was adjourned 11 II o'clock a. a m. m tod today for Cor the thc eIL election ton of or officers From Irom In Indications yesterday I there will wi bo he little ilc or no opposition to tho the election re-election re-electon re o of tho tile Jacobson man man- Ton Tony Jacobson president al arid and general mana manager er presented re hi his re report report re- re port of or what hat had hal been accomplished during durns the year ending Jan 31 31 I Tho The report shows th that t during luring the I year r the company compan shipped 1 toni tom I of first class ore which was settled i ifor for by the smelter on t. t the basi basis ol ot tons dr tIny dry wel weight h t and brought or an average ol ci I a tori ton The company compan also I tons of or milling ore are of or tho the grost grosi I Ivalue value of ot 1138 18 a on on D Development work done lone during the year ear consists of 2603 feet teet of or tunnels drifts and crosscuts and feet 01 oh shaft phat sinking and n feet of upraises Most Important Dot Development r Mr Ir Jacobson regards the most Important important Im development of or the year that thai In No 5 shaft shaf on the Howland 01 OJ western part of the tIme company company's s tern tor tory A drift was run along the Hie tunnel tunnel tun tun- nel net level for more mon than feet Ceet th through an ore body hody that varies li ii l wl width from frol five feet to 10 feet feet Con sl sloping was done but tin tim tinoro 11 or ore oro above that level lo el was found to fo bi be mi mostly carbonate and badly leached leache so that it wouldn't pi pay to handle Them Thel Theia Thema a station was nas cut a hoist was put n ii nand 1 ar and a shaft shaf was sun sunk to the foo foo 10 I le level below bOlow where a crosscut was sento sento sen sento to the tie vein proper There was encountered te terel a n tremendous body bocy of or ore oro running running from 5 to 15 iS per cent cop copper P per imer It I Is a n very ery soft sort material almost al almost m most mORt 11 concentrates and ant heln being In w wet pt country countr it I started to run r n Into th dr drifts and tho work was to temporarily The Garfield Garfeld shaft har clo co close e to tho Iho mouth mout of or the Columbus tunnel was sunk t t t- th the level here drifting drift drifting ing InS was done resulting In the oj of a large horl hotly body of milling ore are wit j bunches of or first class ore through II It Work orle was stopped slopped there on account o 0 otho tj tho tIme depre depression slon In the metal market for Contact No Xo 3 shaft haC was continued down t t. t tr tho time level with wih no notable result bi but on that level four different fissure are arc being leing followed toward th contac with wih no doubt of oC opening opening an nn ore bod bed w when It I is reached readied t Considerable faulting fault faultIng faul lr Ing on this level is ts presumed d to ac account account account count for tor not getting time tie tle ore oro this time On the anti and 00 levels of at the time mb tl tho the first class ore has been pret pretty gen ci orally sloped out The he situation Ii I E general as to first class class ore Is s not s s' s good good as time the manager would woul J like c to se seIL c cIt IL it It but that Is h partly party accounted fo to foly toby foby by ly the tIme drop In the price of nr metals hasing hay has havIng hayIng Ing n rt n great deal of or shipping ni nita ore to to mill mill mil Another nt o 0 much prom l IC that l Irs the I t Jl r I w th Columbus Consolidated has an to purchase There tho tunnel l ran mt Int a large cave from the roof of oC boulders of oC hl high grade h- h ore are fell fen Int mt Inthe he the drift drIB rendering It 1 bio tun trun t t- run un through the time cavo cave or to get Jet Into Ito I Io I Ito to o get et an Idea Irlea of or tho the extent of the or ort During tho the last 30 days the work o o. running drifts around the tho cave cae ha been ben running in progress but the ore are shoot hanot ha hanot ta not rol yet been located This find 1 l i. i within feet of or Columbus grotto roun and amI it will wl give at least 1500 feet o o. jacks backs on the ore are Improvement In Mill 11 Improvements at the mill ml during the thi year Include two now new lle table tables a two Johnson one sot set of hl high h h. h speed rol rolls The he building of oC a machine inc shop an nn Inclined tramway and a hoh hols ls for concentrates concentrate Th The cost of the ore was 30 a ton or 1 font to fo toone one one- operating 82 cents for improvement nt and and construction construction and 34 3 cents for repairs re pairs pair Mine Improvements Included a ne nor nev warehouse lne stable and hoist at mill mil ill at a cost or J 17 and a large or on ono bin and ani loading station nt at a cost o 0 to give give connection with th tin Co n t I n t ra s which h I ch earn carrle Ci ore from Crom the mine a distance of fou OU down the canyon conyon covering tIm the 1 rou mies het portion of the road Mr strongly recommend nd- nd time tho completing or of the drain tunnel o o 0 which feet were constructed lurin 3 the i year and f for r which a V building Ing compressor rails rail ra ram ram- i l I Vc and othe it if supplies ll's I ere oro provided The ine tunnel to tn be feet reet long and the cost Ii I estimated at J 1 It will wi not no only onh drain the present workings s. s but bUI 11 permit or of tIme the development of much muc wi virgin bround lie also alo advises tim Sin running or of tho drift le along along iw tIme the Braine sl running fissure from time the bOO level tinder No 5 shaft shat where feet greater dept will ho and a great reaL oro hod hodwi will wi 58 wil K he be developed re for to or 80 feet Tho The cost is 18 estimated at Another Another An An- other recommendation Is that thai tIme the Gar be sunk sunk unk OO feet feet- d deeper aim ani 1 that thrifts drifts be run under the creek where It is believed beloved large ore bl dle will wil be encountered Not So It is suggested that the time pr producing cn of ore except such as Is taken taleen out In doing development work worl be bo liston- liston while the price of metals I is se sC low As an illustration of time tho loss boing ho bo- ing sustained It i is pointed out that during September the milling ore handled han iman- die died era a averaged ed 3 1392 a ton In while during December a n better beter grade rol e of ore brought only SiG a ton The company d during buring the year ear pain paid a n total of or In dividends |