Show MINES AND MINING EDITED BY F. F W. W SPRAGUE t LOWER VER MAMMOTH fA TO REACH 2000 LEVEL Directors Levy Assessment to Defray Expense of Sending Sending Send Send- ing mci Shaft Shaf Down BELIEVE MINE IS s BELOW I Pro Prospecting of Last Year Convinces Convinces Convinces Con Con- vinces Management That Theory Is Correct Lower Mammoth has hos finally determined determined deter deter- mined to maJ o tho the long contemplated ed d improvement of or sinking its Hs shaft haf level to the 2000 i from rom tho 1 1200 toot le cl or of tho directors foot At a meeting to 3 torn tors of ot tile the company held ye yesterday q an assessment of live 1 0 cents conte a share k was waa levied on tho stock to defray r wu I tho to expense of ot the tle sinking The as- as S- S I will tIl become delinquent on I. I December 18 sale ale day being January Janu Janu- 4 ary aJ S S. S 1000 J 1 Experts havo o lu long held that that the tho I b big mino in Low Lower r Mammoth would be bc found foun in the sulphide zone zone The Tite Theore k l ore body from which production ha z bee been ben made ma-do Is Is to extend from I tile the down dow to the thO 1700 level lovel wIt with values steadily increasing with I j depth to that level leNI l Results on the i level leVe have hae not been so so good 0 I for for the reason it it It i is said that th that t level forms tIc tIe dl dividing lino between tho the oxidized and nd the sulphide zones zones Prospecting done during the tho lat last year yer c t nd to confirm the conviction of or The ha manas management that the best or ore bodies In the mIne lie 10 below the k level 11 rC OU for or sinking tho the shaft shat t economic im Im- r is ono one of ot great The Tho levels hovels below tho 1200 1203 Tle r are re at present attained through a. a t I winzo which h is tc oct feet t from tho This his makes mal cs necessary sn two plants if t r machinery as the in 1600 level company is mainly the 1 01 The fhe company has bas all of ot tho the equipment equip equip- ment required for sinking tho shaft halt to lothe the r required depth and for operating in ing to that depth And nd as production lYom tom tb tho 16 1600 level as a soon as shipping ship ship- p ping n to the smelter may be re resumed resumed 10 re- re umed is b expected to at least mc mc t ordinary expenses the tho only OnIT additional I will be berot monc money required cd to bo be 10 raised d wi rot for the actual sinking of ot the shaft shan |