Show Profit Shows at Mayflower Stockholders of ot Hecla Mining Co have been told the firms firm's Mayflower lease at Utah's Park 1 City District is on the tho profit side of the ledger and doing very I well I ISome Some added ore has been I found In deeper explorations and total ore reserves have been in I creased somewhat said LI It J J. J I Randall president and William II Love general manager for I Hecla at Wallace Idaho What is important Is ia that I I some ve- ve but spotty gold showings have been found close to the bottom of the shaft in the Pearl Fissure on the lease Hecla holds from New Park Min Min- Mining ing tag Co Reno Nev Mr Randall told The Tribune He lie made no estimates as to what the profits from operations on the tho Mayflower would foe he dur duro ing the first six months of this YM year I II i In the pas past Hecla has had dlf- dlf in developing sufficient I I reserves immediately amenable to to mining to keep the mill near Keetley at capacity operations Mr Love said that grade of j I production from the Mayflower lease the first four months montha of this year averaged as follows gold ounces s to the ton silver silver stiver sil sti ver ounces to the ton lead per cent zinc per cent and copper per cent Major Target Remains In Offing Mr l Love said Hecla was waB in some feet in explorations ms over a major ajor limestone tar target et 1 and have someway someway to go i Weve found some mineral mineral- but no ore values The heading is being run under a full grout cementation cover The progress as a result is slow and rather expensive Mr Love said Robert Robert W. W Bernick Tribune Trio Trio- une Business Editor |