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Show PROGRESS SHOWN IN LOCAL MINES Development in the recently opened open-ed 823 stope in the Tintie Lend company's com-pany's Horn Silver mine in Beaver county indicates that it will prove equally as large and rich as the famous fam-ous 926 stope, one of the largest producers pro-ducers in the property, it was reported re-ported Thursday by company officials. offici-als. The ore has been followed for twenty-eight feet and crosscut for thirteen feet and the drills are still in ore. Thirteen carloads of ore were shipped ship-ped from the property during the week ending Wednesday. One carload car-load assayed 8.C5 per cent copper, 16 ounces silver and 7 per cent lead to the ton. The Moscow Silver Mines company com-pany in the Star district of Beaver county, reported total current assets of $39,408, as compared with total current liabilities of $3426 for the current year March 1, 1929, to February Feb-ruary 28, 1930, according to the company's report. Production during this period totaled to-taled 2417.37 dry tons of ore showing show-ing a net settlement of .$35,054.87, which is an average of $21.28 per ton. The ore averaged 22.72. per ct. lead and 9-5 ounces of silver. Development work done during the period totaled 2445 feet, including 1921 feet of drifting, 195 foot of raising, 143 feet of sinking in winzes and 180 feet of sinking in the double compartment shaft. Mining News. |