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<br />.ver State Co, lvIr. <br />e that the vein, ae <br />ounce ore. <br />The vain is strong <br />rt tho middle of the <br />do not kuow of any <br />rrther development. <br />i feet north again is <br />;in. as shown on the <br />with iron oxide, and <br />One of these dykes <br />d one from the 100- <br />'ne dyke is some ten <br />~. O. D. vein is per- <br />ave been paid from <br />~oup if it continues <br />f TLe course of its <br />.ly a greater amount <br />continuation of the <br />.nt of dividends paid. <br />natively closo to tho <br />~f the Cripple Creek <br />Lure which has givon <br />a statement that any <br />~e of contact of tho <br />t on the granite side; <br />ay significant for the <br />jlation to this line of <br />toed Stratton's Iude- <br />f <br />pendenee, the Portland, Elktou, Strong, Gold Coin, Ajas, Mary blcBinriey and Hoosier. The Gold <br />Coin and Strong are entirely in the granite, the Independence group cross the line of contact, while the <br />r7~ other properties mentioned lie close to the contact, but generally on the breccia side. This demonstrat8s <br />r]that the mineralization of the district is directly associated with this general line of contact, the larger <br />ore bodies of the district haviug been found along these veins and dykes which cross or extend out <br />from same. <br />The couditions existing on Tenderfoot Hill do not differ materially from those found on Battle <br />Mountain, Raven and Guyot Hills and other localities, from which the larger production of the district <br />is being made, and there is no reason why the conditions which caused heavy mineralization along other <br />portions of the contact should not produce a like result on Tenderfoot Hilh The development done in this <br />locality has been of the most perfunctory character. Even these shallow workings have shown a consid- <br />erable degree of mineralisatiou. In the Hoosier alone, of all the properties in this locality, has any <br />extensive development work been done, and this work verifies tha views here advanced, for out of the <br />royalties of the lease on the Hoosier clnim the Grafton Company has been able to pay a dividend of <br />$10,000.00, besides accumulating a large treasury reserve. <br />The discoveries to the northward lead all well informed men of the camp to look for the greatest <br />future extension of producing area~iu that direction, and I have not the slightest doubt that as the <br />ground is developed and the formation of this part of the camp becomes better understood, the Alta <br />Mont and Deadwood groups will be far within the circle of the producing area. <br />Looking snore particularly at the prospects of the ground under conaideratiou, we see that there <br />are undoubtedly numbers of vein and dyke crossings and intersections of veins oi• dykes with the main <br />contact. Each and every one of these oa;nrrences is a likely place for an ore chute. The few assays <br />taken indicate that the solutions which caused the mineralisation of the district have undoubtedly pea <br />meated the veins of t)rese.grca~~,.and, therefore, the finding of pay ore is not a matter of exploration <br />and discovery, but siix~ply,on,e'of-worl:iug costs and development. <br />No company, propet•]y equipped with fonds, has devoted its attentiou to this locality, and to such <br />a one the Alta lYlout and Deadwood groups present n very attractive proposition. <br />(Signed) Groeaa J. BAronOt•T, iblti~tirag En~iueer. <br />7 <br />^ <br />