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h <br />§? 1, <br />~~~ <br />f <br />;3• <br />.E <br />t <br />SF <br />s 1 <br />"3i <br />or Belawnt. This was due to tha'taot that the values stare not Daly nearly <br />' in gold'but ware of a grade that sould leave a margin of profit after shipping <br />at an ezpease that was prohibitory to others is that immediate localitq. <br />' The iron or Occidental lies nert on the north-east and 3S a strong wain _ <br />,; <br />.. <br />~!j <br />h little development and so far has proven of little o= of no comwercial im- <br />:' <br />tance. ' ~' <br />~~ <br />i <br /> <br /> <br />iixe Tambov-Belmont ilea nert and has been a regular producer and dividend <br />ar for several years. Originally this property was locally better Y,nown as !~~' <br />IIelr:~ont and w;.as thought to be of somewhat questionable value. Tne T3elmont ;; <br />i <br />~ t, <br />n outcrops near the head of tho basis at sa altitude of 12600 feet. This wee ~~ <br />iI <br />ated in 1880 and the Tomboy in 1686. twining progressed in a desultory man_zer ! <br />,'; <br />fl about 38.92. By this time across-cut tunnel had been driven at an altitude i; <br />12200 feet outtiag vein in a good ore body which with a mill yielded a fair i; <br />fit. In 1594 the property was transferred to the Tombaq Cold 1Cining Company. i; <br />I'+ <br />.later the property has passed into the control of the Tomboy Gold t9ines Com- j" <br />y,Limitad of London, England. Capitalization, 300,000 abates of one pound <br />~,f <br />~rliag each. Daring the past few years this companq has acquired considerable <br />I~,! <br />~, <br />'e adjoinint; territory Dither by 3ocatioa~ outright purchase or options. At .'r. <br />I' <br />sent it owes or holds options t:goa the following claims: Belmont, Iron, P.B.A., , <br />!. <br />iBoy, Josephine ~1, Josephine xs2y Josephine ~8i England, 'Lampe, Cincinnati ~\ <br />I <br />>y ElEphaat, Argentine No. ly Argentina No. 2~ Orients Hed Clond~ Rock, Cliiton~ '; <br />~ Bock, How® Tiill Site, }3asin~ Basin tdfll Site, Argentine No. 1 Gull Site, Ar- I' <br />;1 <br />ztine tio. 'L t&iil Sites Last Doliar~ Last Dollar;tiill Site, with two other claims <br />E <br />i mill site of which tho namee sere not given. The whole making qulta a nine <br />mpact body of miaeraLizod territory. <br />-~,,,. The s:afa workings ere on the 13e1mont sad Tomboy claims. As before stated <br /> <br />I <br />s' <br />!. <br />'k <br />i <br />~~. <br />