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\ J <br />~ J <br />She lithium aoaomntrat• it sold to the Corning 41are Coecpaay of <br />Corning. ifrr Tork for t15,4j pg3: nail of LipO. ),C,D, hrowa~e Cacgyda which. <br />after dmdaating for mining, milling, gad transportation, yields as approxl- <br />mate profit of =9,94 per ton of ooacratrate or 14,14 per ton of ore mined. <br />Yo disposition has been made of the tantalum aoaoeatratr but the <br />maaaswmeat has drrinQ a method of aleaaing by which thq bsliere the grade <br />eaa be mimed to arsr 60 perosat SaZOg which will be maricmtabls, <br />the deposit comiet• of a prvaatitr in which the ore iw distriba- <br />tsd irregularly in some. 27ae dsrsloped ore bodies are aearins •xhmnstlon <br />aaQ the opeiatiag oampaay has applied for usistaacr la the form of explorr <br />torn core drill ins, It i^ brlirnd that wah explosatloa i• likely to sa- <br />eoaatrr additional ore gad aoaarquaa~ly !t i^ recommended that a minimum of <br />12 core drill holes. rj0 to 100 fret deep, be drilleQ oa the property gad <br />that the rarfaes bs explored by bn2ldo:rr trenching, <br />The estimated cost of the mtnimam proposed •zplormLlon 1e t6. 000,00. <br />Additional waric aL a cost of 312.000.00 has been outlined for reoommeadatioa <br />if ~netlfied by the rrealts obtained from the miaimna program. <br />i <br />The 9rowa Derby mina is sitaated !a seotiea j, T. 49 S,. R. j L., <br />and section j4. T, 50 I.. R, j S.. x,ic,P.ll., Canalroa Caaaty. Colorado. <br />!ha proprrtT is operated for lithium and tsmtalum ore by the ~a <br />Itlaiag Coapaay. who has applied to the Sarrea of Ricer for assistance to the <br />fora of exploratory core drilling. <br />- 2 - <br />Attachment E <br />Paoa '~ of ~ <br />~ aKC Y V 1 V <br />Page 5 of 6 <br />.o~~ ~ ~~ <br />