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<br />c <br /> <br />15 <br />Tunnel. <br />Chicaffio <br />The most important result of our developments is the inter- <br />vein by the Chicago Tunnel, at a point 538 ft. vertically <br />of the ~ahest adit level of the mine, where the vein <br />section <br />above the second, the h'~ tionally high grade, running about ~,go <br />o{ excep has as yet, not been <br />was ~ ft. in width and this ore-body <br />per ton. The lateral extent o~ <br />but east and west drifts upon the vein are being rapidly run <br />proved, „h this ore-body rs undoubtedly to be cor- <br />{or this purpose. Alth°u' actual developments must <br />R Discovery stope, There <br />related with that of the B~5 both up«'ards and downwards. <br />that the occurrence of payable ore at this <br />be made to determine its extent, mineralization <br />can be no doubt, however, ersistent, <br />dual] P <br />horizon indicates an extensive, if not a <br />ustifies the inclusion of the partially blocked <br />of this rich ore shoot, and 1 <br />out ground referred to in our estimation of the ore-reserves. <br />Ore=Reserves. <br />I have considered vvith Mr. Coa the estimation of the mine's <br />ore-resen•es, which we have classified as = estimate at 86,395 tons <br />(a, Ore brol:en in the stopes, which we <br />of wet ore, having a gross recoverable value of S'_, t 39,$'-8.96, and a net <br />value of ~;t,69j;553.96 ~ and <br />artially blocked out but goof ore~rwelltbloc~ed out. <br />(g~ Ore p ~e tonnag <br />t,o8a tons of wet ore, <br />this class we include also a arm <br />We estimate the tonnage of ore of this class at 1 ~ <br />and a net value of <br />having a gross recoverable value of his6ore ~s not blocked out our <br />While the bulk to ether with <br />~?'-,597~o9iS°' art of the mine, g <br />knowledge of the ore-occurence in this p <br />1 <br />`. <br />~~ <br />the <br />beli <br />wie4 <br />vV I <br />ab <br />