OCR Text |
Show EMPIRE HIES HAS MADE AJTRIKE Drift Has Already Been Driven Into The Ore For Some Distance Dis-tance And The Strike Promises Prom-ises To Be An Important One For This Property And The Opohongo V Discovery of a new ore body in the property of the Empjre Mines Company Com-pany has . greatly strengthened ) thlb stock as well as the stock of tho Opohongo, Opo-hongo, which is adjoining and which should also benefit by the strike. The new ora was located in the drift which was being driven toward the northeast on the 1800 level. The Knight people, who control the Empire Em-pire Mines, have always regarded this section as the" most promising portion of the company's ground and I as the indications have for some itlme been most favorable at that point they rather expected the strike. While local officials of the company are reticent regarding the work they admit that a new ore deposit has been encountered and that the ore is "of commercial grade. From other sources it is learned that the drift has already followed the ore for some distance and that the deposit comes In a well defined fissure which leuds the belief that it will be one of the most important discoveries made In this property in recent year;. The Course that the ore is taking indicates that it will make over Into the Opo hongo, hence the advance fh the irl:e of tli Jm company's shares. Figures are not available but the ore is no doubt of most satisfactory grade, the values being In lend, silver, gold and copper with tlie silver predominating. Another piece of development work lor the benefit of the Empire? Vines !s being done on the ivm level where a drift la being sent off toward the soutlh This as well as the point .wnere me new sirine wu-j nuiui; is in . the Ixiwer Mammoth part of the company's com-pany's extensive territory, . In the Carisa Spy section some leasing leas-ing is In progress and near the old Star workings the company has a small force at work at a depth of about 400 U'et. nKureka Reporter. |