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1/12/2009 9:32:17 AM
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11/18/2007 12:05:53 PM
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Mine Books
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San Miguel
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n ~. <br /> <br />Ore Reserves.-To all intents and purposes the ore above the 100 Level is oxhnust <br />d ;~ <br />~~ ' <br />Y- e <br />. <br />decently, howover, in drawing from this portion of the Mine, we hove discovered cmieiderublo <br /> ore which appears to have been lost in eaves. We think w•e may be able to recover probubly f ' <br /> 10,000 tons of n milling grade from these atopea. ~ <br /> I ~ <br /> <br />Orcr the 800 Level we now Imve in sight about 50,000 tuns, most of which is of good I'' <br />~ P <br /> ;,jade. `Phis amount may Us inoroased by further development on this level. <br />~ <br />00. 1 i <br /> Buhceen the 800 and G00 Lovele, n vary Inrge tommge (probubly •300,000 tons) lms Leon <br /> olrened op. With the oscoption, however, of ocensionnl shoots of rich are, this tmmnge must ` <br /> bu called low grade. Our comparatively high operating expenses preclude the possibility of F <br />1' milling eery much of this ore under existing circumetnnces, but iwprovod conditiaus will allow n <br /> u large proportion to be milled at n profit. Thu are botweou these levols varies in many ~ <br />~ ~ <br /> respects from that in the uppor line, being much harder and without the gouge or talc ou thu ~ <br /> bonging wall, which was so porsistent in the old scopes. i <br />+; <br /> a short distance above tho G00 Level there seems to be u return of the well-kuuw•n <br /> 'l'owboy churucteristics, uud although sulphido oro is seu~ in Inrgu quantities, Qie general <br />the appearance of the qunrtx caincidea with that in tlw uppor• l[inu, mid tale ie again in evideucu. 4 + 1 I` <br /> <br />Thin condition of alluira is still more marked below the 600 Level. "{ <br /> On the i00 Leve: two ore-bodies have been opened up, which appear to hove their apexes ~ <br />' ~ <br /> <br /> <br />- <br />at or uenr the 000 Level. In both of these rho vein appears us in the upper liinu, and there is ~ <br />i <br /> <br />still more resewbinuce to the productive aru of post years itt recent duvulupmeuts on thu 800 i <br />': <br /> Level, w•heru the vela ie stronger uud more oxidised thou it has been ou any level below <br />the 500. gt'.~i .^ <br />'k911lr; i <br />a "•.I~ <br />~ ~;~ ~ a <br />It is us yet tau curly to estimate the tmmagu below the 000 Level, but if tlw ore-bodies t •ti <br />ore as lung on rho 800 us mi tho i00, w•e should hove nt least 90,0011 taus uvuihilile, with +j j. <br />proslH!cls fuvourublo for u larger tounugu and iudicutious that the vein will be still Letter <br />ach below the 800. <br />ia; <br />:~s THE MILL. <br />uch Yo change has been made in the mode of troutment or in the uuwhinery pertaining to <br />the milling plant. liuch hn~, however, Lean done in topair work end in bringing the lilt] up i ~ ~ <br />~! P <br />h!~x <br />s. <br />IF <br />Iti <br />,- ; <br />(~ <br />.; <br />ti <br />
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