OCR Text |
Show REPORT MADE BY CEDAR-TALISMAN General Manager McKeon of the Cedar-Talisman company has forwarded for-warded to stockholders the following report: "We are now encountering what has the appearance of being the old productive pro-ductive Stalwart vein on tho 500 level to the north. This vein Is something different from what we have found in that part of the mine. We broko Into it at a point about 650 feet north from the bottom of the main shaft It is a carbonate ore, and carries some allies, al-lies, but it is more the character of the oro and the changed conditions in the general formations which we havo been in recently than In the amount of values which" these carbonates may carry at the point where we encounter encoun-ter them, that pleases me. "We have been penetrating a con glomerate, with considerable quartz and some, porphyry. We hnvo just completed a survey of the lower workings, work-ings, and find we are nearer the contact con-tact than we had figured In the east drift Tho bedding is looking fine. This Is 300 feet from tho bottom of tho shafL We recently discontinued mnking for tho contact and began following fol-lowing the bedding. Judging from indications in-dications "we did not mako a mistako In this. Everything indicates that wc arc nearlng a big body of ore." |