Show RALPH DRIFT IN ORE CA CAVE VE Strike in untie Tintic Development Ground Proves Ore Orea a Goes Down i That the ore body encountered in a cave e CU In fn the tho Ralph Rlph claim of or the East Et Tintic Tintie Tin Tin- tie tic tc Development company Is likely to prove provo a resource of or vast Importance ast was was wa further Indicated yesterday when the drift on ozi the foot toot 20 level lovel broke Into the te ore at a 3 point 60 feet below what might be bo termed the tho upper floor te of tho the cave I Tho The floor foor In which tho the first ore oro was found was r reached from tho the drift by wal a series aeries of ot Irregular n terraces In an open- open ling Jig InS ascending at an angle aule of about 45 4 5 degrees Surveys showed that the tho drift extended should strike tho the te ore oro bod body In 1 feet feet It I was encountered In 35 25 feet l showing that tnt the tho ore body Is la almost feet vertical Manager Rlph Ralph Kellogg who was in the city said yesterday sid that tho the ore oro in Ithe the face of or tho drift Is 18 Identical with that found In lu the tho cave which carries aus of oS about 70 per nor cent lead and 4 1 ounces In silver silvor siver Tho rho ho silver siver leat values alues In the oro ore have havo doubled with every feet of ot depth gained gIne In the tho mine Mr J says and he ho has no doubt that when tho the leached zone shall have been p passed sed entirely the tho silver values value will willibe wll ibe be much muc higher Ore Oro bins aro are being built at the mine mino buit at te and ant and other preparations ns for production tas as well voll 01 as for tor vigorous development are re re being made A A. favorable contract for treating tho the ores has been entered Into with the United d States ben company tho the contract providing for premiums which it is said will 11 pay haulage and freight charges The Tho Te company has haB In its its Is treasury cash coah ch and OOOO shares hares of treasury stock Arrange Arrango- Arrance- Arrance monte monts have been made mado to place CO shares of tho tim treasury stock next week the proceeds from which will pay for tor wil the tho new plant of machinery ordered and leave leavo a good balance for tor the tho to teas teas- treas treas- airy ury ur besides |