Grover Heinrichs Mining Collection - az.gov

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CONTACT INFORMATION Mining Records Curator

Arizona Geological Survey 416 W. Congress St., Suite 100

Tucson, Arizona 85701 602-771-1601

http://www.azgs.az.gov [email protected]

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INTRODUCTION:

The Great Eastern vein and its related structures,

particularly the Siou~ City vein, have been a subject ~f

great interest for many years. Such interest is natural in

light of the strength of the vein and the tenor of the ore

it has intermi tten tly produced • . ' This production has been

w~ested under excruciating conditions of weather, altitude,

and precipitous rock faces.

Also of great and long ... standi!l·g interest is the poss'i­

bility of crosscutti!lg .the Great Eastern vein at a substantial

d~pth below its outcrop • . The,p6ssibility of executing such

a pr~~ram is excellent through joint use of the Silver Wi~g

Tunnel wherein more than half 9f .the necessary work has

already been done. This crosscut, portaled at an. elevation

of 10, 400. f~et, would, ,if proj ected, intersect the Great' Easte:n

vein almost 2,000 ~ertical feet below its h~ghest outcrop and

about , 1~500 feet below th~ current upper worki!lgs.

The purpose of this report is to evaluate whether the

interveni!lg 1,500 feet constitute a , geol~gic target worthy of

invest~gation and, if so, what the details of an exploration

pr~gram would be. It does indeed appear that the downward

projection of the Great Eastern vein and its related structures

comprise a ta!get worthy of exploration, and that such explora:io~

can be £easibly conducted thro~gh the Silver Wing. Tunnel. The

reasons therefor and the details incident thereto are herein-

after -set forth.

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CONCLUSIONS:

I. The geologic structure, the perpetuation of this

structure, and the tenor of mineralization within the Great

Eastern vein are such that it is considered an outstandi?g

, . geologic target for furth~r exploration and developmerit at

depth;

II,. The for~goi~g premise is enhanced by th~ fact that

there is a projected intersection at depth with the strong,

tho~gh lesser, ,Sioux City vein which is also well mineraliz~d;

III. This premise is still further enhanced by a projecteE

intersection of the steeplyMdtppi~g , and cros's-striking Carol

vein;

IV. The intersection of these structures would comprise , '

a locus of great shattering which, in knQ;.o.rn mineralized v'eins,

would normally localize mineral deposition to f6rm a h~gh.

, gr~de ore . body;

V • The direct explbi'ation of this area '· can be conducted

. with reas~nable expenditures of time and money ~hrough joint

use pf the Silver Wing Tunnel:

(1) This would permit an all-weather pr~gram;

,(2) Any subsequent operation of the Great Eastern or associated veins at this depth could be conducted through the Silver Wing Tunnel as extend~d; ' .

(3) .The projected exploration and possible operatio!:. can be extended to include the Monitor and Klondike veins. It is pointed out that these veins are not a part of ' the Great Eastern Mines, Inc. and their acquisition would be a matter of future negotiation.

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VI.

'4) Inasmuch as the Silver Wing Tunnel is -a "gunbarrel" crosscut and the proposed pro .. jection would be a straightline continuation thereof, any future heavy haulage could be effected with an underground conveyor belt for waste and ore. Thus only a single track would be required for a mart tram and supply •

.. (5) - From adequate drill stations underground it

would be feasible to conduct down~dip drilling on the Great Eastern vein and related stru~- ­tures and to probe the underlying sediments (limestones) to basement. -

FINAL CONCLUSION: Notwithstandi~g the attractiveness

- of the projected geol~gic targets, the proposed exploration

should be undertaken only by an organization that is adequately

financed and properly staffed ,for matters mini~g~ This would

include operati~g'mini~g companies -desirous of expanding the

scope of their operations or an eminently able individual or

group of private investors who are desirous of conducting

such .an exploration within . the writeoff provisions of existi~g

tax laws. It is, emphatically not an undertaking for out-of ..

pocket, savings accounts, of parsimonious promotion.

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RECOMMENDATIONS:

(1) Locate Ted Chase 11, Ted Chase 12, and Ted Chase 13

lode mining claims as shown on Plate III.

(2) Work out ground rules with the Silver Wing Mining

Company for joint use of the Silver Wi~g Tunnel. This

should also include joint use of the powder and cap

(3)

(4)

(5)

(6)

(7)

m~gazines.

Install separate power meter and switch ' gear.

Construct waste trestle south of present snow shed

and install appropriate track and switches. A snow shed

over this trestle can be ,constructed as convenient during

the summer.

.Install 4" air line from the portal to the bend in

the tunnel.

Lay heavy haul~ge track from the Silver Wing workings

to the bend in .the. tunnel. Ins tall a swi tch at this

point and switch track on to the face of the crosscut.

This .will allow adequate switchi~g and storage room as

the Tunnel is driven stra~ght ahead.

Run electric power lines to the . breast of the tunnel

for lights and electric booster fans.

(8) " Extend ventilation tubing to the worki~g heading.

(9) Instal,l pressure water system for drilling, smoke and

dust control. Tapping one 6f Silver Wi~g's diamond

drill holes ~hich are making good water would be an

excellent source.

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. (10) Equip .the operation as follo~s: 900 cfm compre~sor;

l-jib jumbo, steel, hoses, and bit~; 2l-B ~ucking machine;

heavy trammer with extra battery; six (6) mine cars;-_

30 cuft minimum; -hand mini~g ,tools; and hand tools.

(11) Thus prepared and equi~ped, drive the Silver Wi~~

Tunnel straight ahead until the Great Eastern-Sioux City

vein system is contacted. The followi~g is a description

of the work units involved:

(a) _ The crosscutti~g necessary to contact the Great

Eastern appears to. the _erder of 1400 feet.

(b)

It is here ~ointed out that specific projections

for such distances are risky, and the l40-0-foot

figure is considered mere than adequate.

Once the vein in centacted, a minimum of sao feet

of drifti~g should be done on the vein itself,

and a minimum of 100 feet of wal-l-te .. wall cross"

cutti~g should be done. This not enly serves

for sampling and evaluation, but these hangi~g

and footwall crosscuts mak~ . good diamond drilli!1g

stations.

ec) In addition to the f6r~g6ing, a minimum of 300

feet of raisi~g should be done in order to explore

any possible cha!1ge in par~genesis - as the vein

passes from the upper Eureka rhyolite into the

lower Picayune andesite. Two stations should

be cut in this raise for diamond drilling.

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Cd) At least 2,000 feet of diamond core drilling, EX for

short holes and AX for lo~ger ones. The drilling

pattern will be laid out after the structure has

been crosscut and sufficient drifting done to

evaluate the situation~ At least sao feet ~f this

drilling should be done along strike. Longhole

percussion drilling from wall to wall may be done

out of the drift within the vein; it is not · recom-

mended for holes over 20. feet in le~gth, however •

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ESTIMATES AS TO COST AND TIME:

.(1) Fixed installation: .

Ca) Waste Dump, trestle, and snowshed Cb) Air line (c) Ventilation (d) Water system ee) Electric power hookup, switch

. gear and inside lines (f) Main haulage track

C 2) Machine ry :

(3) .

(4)

. ( 5)

Ca) 900 cfm Compressor (b) 21-B mucking machine (c) . l-jib Jumbo, steel, bits, hoses (d) Heavy trammer and extra battery (e) 6-mine. cars, 30 cuft minimum (f) Fan

Exploration costs everything furnished at these unit costs:

(a) 2,000 feet crosscutting and on the vein @ $7S.00/ft

drifti!lg

(b) 300 feet raising @ $SO~OO/ft (c) 2,000 feet diamond core drilling,

EX or AX @ $7 .• 50/ft .' (d) Assaying, 500 samples Au-Ag-Cu-Pb-Zn

@ $12.00 each .

Administrative overhead .to include all administrative expenses, consulti!lg, arid travel

Conti!lgency furtd:

I . Estimated Total:

) ) ) )

. ) ) )

) ) ) ) ) )

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. $21,000.

. $55,000.

. $lS0,000. $ 15,00.0.

$ 15,000.

$ 6,000:

$ 13,000.

"'$ '2"5", '00-0 •

'$ 3 0 0- ,:00'0 •

TIME . REQUIREMENTS for the pr~gram will be approximately as follovs:

(a)

(b)

ecl

Initial setup time:

Crosscutting and drifti~g @ 7S-feet per week, . a~erage for double shift operation

Raising and diamond . drilling

Estimated Total Time:

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. Six (6) weeks

Seven (7) mon tls

Ten. (10) we.eks

Eleven (11) mOLths

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GEOLOGY':

The Great Eastern vein occupies a large fissure (25 or

more feet w~de) within the Eureka Rhyolite (upper) and Picayune

andesite (lower) on the eastern edge of the Silverton caldera.

These two formations are lower members of the Silverton volcanic

series. The large and well-defined fissures such as the one

co.ntaining the Great Eastern vein are members of a "ring fault"

system associated with the collapse of the Silverton caldera •.

In the vicinity of the Great Eastern they trend northeast­

southwest an~ the dip is steeply westward. The smaller faults

trending across these major s~ructures ·(such as the Sioux City

and ' Carol fissures) are relief or readjustment features. The

dip of these smaller fissures is generally near-vertical. It

appears th~t all of the northerly-trendi?g fissures within

the Great Eastern Group will terminate to the north against

the Fredrica shear, while to the south and southwest they

proj ect ·into the Animas gorge. ' . I····

The mast attractive aspects of the Great Eastern exploration

lie in (1) a projected intersection of the Great Eastern,

Sioux City, and Carol veins at an elevation approximati?g

that of .the Silver Wing Tunnel, and .(2) the feasibility of

exploring this target by drivi!lg that Tunnel straight ahead.

Plate IV shows thi~ ; Telationship in cross section while Plate III

shows that the veins converge along strike also. The locus

of their intersection will rake steeply to the north and the

. projected crosscut will approximately intersect their juncture.

What influence the smaller and vertical Ii-dipping Carol structure

will exert is a matter of conjecture, but the overall evaluation .~~ o -)~

of this situation indicates an area of great shattering with

a high percent~ge of ~rimary ?penings which could serve as

a locus for the deposition of ore minerals. As such it

constitutes an outstanding geologic target worthy of the

exploration and development work outlined herein.

While it is impossible to make specific projections

regarding tenor, it is noteworthy that the Great Eastern vein

has produced some excellent ore from near-surface workings •

. The character of this ore is shown ~n the shipping returns

attached hereto. Similar ore remains in place, and a summer

operation thereon is contempl~ted for the near future.

Associated with this higher. grade material is a much larger

quantity of low grade which has been bypassed and left in

place, or dumped.

The charac·ter of this mineralization is observed to ·

project downward from the. highest workings, and between

surface and underground e~posures at lease 500 vertical feet

of mineralized vein is shown. How muchfu·rther downward it

projects :is strictly a matter of conjecture, for exploration

al.one w~ll reveal this ul timate d~pth. -It is this author's

carefully considered op~nion that th~ favorable aspects of

the structure increase with depth and, therefore, it may

be .reasonably expected that the 'quality of the vein will

increase also, whether in tonnage, tenor, or both.

An · unknown factor will be the possible change in para­

genesis when the vein passes from the overlying Eureka

rhyolite into the Picayune andesite. This relationship is

shown in Plate IV. The raising which has been prescribed ( .,

herein is for the purpose of exploring the contact between

the two lavas.

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LOCATION AND ACCESS:

The properties of the Great Eastern Mines, Inc. are

situate as shown on Plates I, ,-.II, and IlIon the northwest

spur of Jones Mountain. Plate II shows an apparent dis­

crepancy wherein the names of Jones Mountain and Niagra

Peak have been reversed. Also there is a di~crepancy in the

designation of "Picayne Gulch" which should read "Picay~ne

Gulch". It is here that the Picayune andesite is well shown

t~gether with its relationship to the overlying Euieka

rhyolite.

The properties are accessible via the roads shown on

Plates I and II. The distance from the 'portal of the Silver

Wing Tunnel to Silve.rton is just over 11 miles. The approxi­

mate distance to the upper workings is about 14 miles, and

these are accessible only during the summer months. The

two means of access which must be considered are (1) via the

aforementioned roads duri!lg the summer months only and . . . ;:

(2) Vla an extenslonof the Silver Wi!lg Tunnel to crosscUt

the projected structures at depth.

Inasmuch as the portal of the Silver Wing Tunnel is

: gener...ally accessible thro~ghout the year, the exploration

pr~gram herein outlirtes proposes to take advantage of the

convenience and relati~e c~mfort of a direct approach from

underground. Nothing herein would impede or impair the

conduct of near-surface workings on the high grade showirigs

within the Great Eastern vein during the summer months.

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STATEMENT OF TITLE AND OWNERSHIP:

The properties covered by this report 'are owned and

intermittently operated by the Great Eastern Mines, Inc.,

a New Mexico corporation whose offices are at 1122 Bank of

New Mexico Building, Albuquerque,' New Mexico, 87101. Mr.

Edward P. Chase is President.

The holdi~gs of the Great Eastern Mines, Inc. consist

of six (6) patented lode mini~g claims and fourteen (14)

: unpatented iode mining claims all situate in the Eureka Mining

Disirict, San ,Juan County, Colorado. More specifically,

the ' claims a~e situate in Sections 16 and 17, T 42 N, ' R 6 W, I

"':l NM~B&M. The unpatented lode mini~g claims are recorded in

the office of the San Juan County Clerk, Silverton, Colorado.

The claims comprise a cont~guous , group with certain

overlaps within' ,the , group and other, overlaps on excluding

patented claims. This relationship is shown on the accompanying

map marked Plate III. Th~ followi?g tabulation is a complete . "

listing of these claims.

Patented Lode Mini~g Claims:

Nanie: Survey No: Patent No:

( 1) Great Eastern Lode 239 3,845 (2) Sioux Ci ty .... Lode 382 5,344 (3) Vulture 4860 Not recordea (4) Lookout 4861 17,352 (5) Tip Top do do (6) La Plata Lode 19003 349,476

Unpatented Lode Mini?g Claims:

Name: Book: Page:

(1) Carol 172 103 (2) Billy 172 104

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Name: Book: P~,ge :

(3) Sioux City Extension 172 183 (4) Great Eastern Extension 172 184 (5) Ted Chase 1 189 290 (6) Ted Chase 2 189 291 (7) Ted Chas'e 3 189 292 (8) Ted Chas e 4 189 293 (9) Ted Chase 5 189 294

(10) Ted Chas e 6 189 295 ( 11) Ted Chase 7 189 296 ( 12) Ted Chase 8 189 297 ( 13) Ted Chas e 9 189 298 (14) Ted Chase 10 189 299

Note 1 : The foregoi!1g unpatented lode mining claims have

been located as 300 f ,x 1500', units to conform to

the size of the, very old patented mining claims.

Note '2: It is considered neceisary to locate additional

unpatented lode mining claims 'on the southwest

flank of the Great Eastern Group. These claims,

designated as Ted Chase 11, Ted Chise 12, and

Ted Chase 13 should be situate as shown on Plate 'III

and located as 600' x 1500' units.

Note '3: The Silver Wip,g Tunnel is situate on property owned

by COlorado Minei arid Metals, Inc. and currently

teased to the Silver Wing Mining Company. Great

Eastern Mines, Inc. has a perpetuating right in the

join~ use ,of this Tunnel. A statement attesting

this r~ght is attached hereto.

CONCLUSION:

The for~going progra~ is considered adequate to

crosscut the Great Eastern vein about 2,000 feet below its

highest outcrop and to effect at least 1,000 feet of explora­

tion along its strike. A nominal amount of wallwto-wall

crosscutting has been specified, while the EX and AX diamond

drilling will permit evaluation of the deposit at the level

of the Silver Wing Tunnel. The raising specified will permit

a study of the vein system at the contact of the dissimilar

lavas.

The target area for t~is exploration is huge, and

the projected tonnage to this depth is in the order of several

million. If a large shattered zone is encountered as might

be expected at the intersection of the Great Eastern and Sioux City

structures, the tonn~ge would be greatly increased beyond the

projected cube of these tabular structures alone •

. It would be facetious to project tenor to this depth,

and an attempt to do so would be irresponsible. It is reasonable

to expect that values will project to this depth, however, and

it is worthwhile to consider ~h~t the very mediocre ore values

in the upper workings will carry six (6) ounces of silver per ·

ton, ten (10). percent lead, and two (2) percent zinc. Minor

gold and copper is noted, and the copper might be expected to

increase at depth.

These values, in quantity indicated by the Great Eastern

and Sioux City structures, would comprise a tremendous ore body

worthy of its own mill. Conditions are ideal for constructing

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this mill underground. The mining show will be excellent,

for the stro?gwalls will per~it shrink stoping with minimum

timbering. Sand filling may be practiced, though it will

probably be more for tailings disposal than ground support.

All thi~gs considered, the Great Eastern property is the

most outstandi~g exploration opportuniti that his ever come·

to this writer's attention.

Respect£u~tt~d: -=~=>"-____ _

~.-----: ~~ Marion E. Price .

I Geol~gical Eng,ineer '

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m=::=:==~~~=====~-~ i~ . ,.~~. " Plate I: of South- R~t~~ western Color<ldo showing ~~:-, .... ~~.~.'''; location o£ ~reat Eastor~t' ~J~:.~2·;· Group near S11verton r· "~"/! /

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Plate II 6ut from sheet Haines Peak Note various adits on south side of Burns

F=5C::=:c::::a::=:::E:3:=::::E:====::::e;;:S::=::E==========&Gul-c-h:::w-h~ ~~ ~l~ end r i v e ~ in t 0 ve in 5 •

4000 J\pte G<BFom~~tjl,t rift in topography · where

SCALE 1:24000

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__ .L:::=:"':"-- Greatr[!;a·st'ern vein crO~Be8 ridge • . _ _

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1000 0 1000 1000 3000 EL13::EL -== J EO:

1 .5 0 F3 F3 F3 F3 F3

CONTOUR INTERVAL 40 FEET. DATU,", IS "'O Il ::tl I I Yrl

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Sioux City vein

Great Eastern vein Klondike

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~.~" /'~' "~,~:l.~~~ '~~'~f~'_>~\~_ I " I / , ~.:;;=: Silver W,ng Tunnel::::;r-" I ~~~~'/'> Observed variJ.tions in d1p /t) ·3 Predic ted aha t £e/'o e.\)!j/ a t the surface would caus~

I :-- \; " } , Grea tEas tern 've in to proJec t " . ' . between these two points

Cross section oC northwest spur oC Jones Mountain taken along the Silver Wing Tunnel and the proposed extension · thereof. The : round dotted line indicates tl~e inCerred contact between the Eureka Rhyolite (upper) and the Pica~une Andesite (lower). The raising recommended in this ~eport will explore that contact.

It is noted here that this cross section does not pass through the highest point on the Great Eastern vein. That point lies at an elevation oC about 12,400 Ceet, or some 2,000 verticalCeet above the level oC the Silver Wing Tunnel.

Plate.. IV

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. , MARCH 1976 ~

GREAT EASTERN MINES, INC, (Mining Claims currently held by company)

Patented Hlning Claims:

I , Great Estern lode minIng claim - U.S, Survey No. 239 2, Sioux City lode mining claim - U. S, Su rvey No. 382 3. Vulture lode mining claim - U. 5. Su rvey No. 4860 4, lookout lode mining claim - U. 5, 5u rvey No, 4861 5. Tip Top lode mining claim - u. 5. 5u rvey No. 4861 6. La Plata lode mining clalm-U. 5. Survey No. 19003 7. Dai sy lode mining claim - U. S. $u rvey No. 19908 8. Golconda lode mining clalm- U. S. Su rvey No. 19908 9, Klondike lode mining claim- U, S. Su rvey No. 19908

10, Klondike Extension claim - u. 5, Su rvey No, 19908

Unpatented Mining Claims:

1 • 2. 3. 4. 5. 6. 7. 8. 9.

10. 11. 12. 13. 14. 15. 16. 17.

Carol, Book 172, page 103 Billy, Book 172, Page 104 Sioux City Extension, Book 172, page 183 Great Eastern Extension, Book 172, page 184 Ted Chase #1, Book 189, . page 290 Ted Chase #2, Book 189, page 291 Ted Chase #3, Book 189, page 292 Ted Chase #4, Book 189, page 293 Ted Chase #5, Book 189, page 294 Ted Chase #6, Book 189, page 295 Ted Chase #7, Book 189, page 296 Ted Chase #8, 800k 189, page 297 Ted Chase #9, Book 189, page 298 Ted Chase #IO,Book 189. page 299 Ted Chase #II,Book 194, page 4 Ted Chase #12, Book 194,page 5 Ted Chase #13, Book 194,page 6

(NOTE: Items I thru 14 are 300'X l 500 '-unpatented claims)

(NOTE: Items 15,16 & 17 are 600'XI500'-unpatented claims)

· _. ' _ .... 4.,· . _. ~ ._ - . - .- ._._- . ~.- -- - - " -- '

tlARCH 1976

COLORADO MI~ES & METALS (t1ining Claims currently held by coopany)

p~tcnted Mining Claims:

1. The Silver ~in9 lode mining claim - U.S.Survey #70 2. Manitou lode mining claim - U.S. Survey #125 3. Cynic lode mining claim - U.S. Survey No. 126 4. ~lhale lode mining claim - U. S. Survey #127 5. Rocky Mountain Chief lode -U.S.Survey #131 6. Denver Belle lode claim - U.S. Survey #132 7. Edward lode mining claim -U.S. Survey #210 8. Rob Roy lode mining claim - U.S.Survey 1.!499 9. Frederica mining claim - U.S. Survey #1314

10. Bullion City mining claim-U,S. Survey #1382 11. Noah's Ark mIning claim -u.s. Survey # 138 12. McGinty lode mining claim-U.S. Survey #2687 13. Morning Star mining claim-U.S. Survey #19003 14. Lillie lode mining claim -U.S.Survey #19004 15. Nanon lode mining claim - U.S. Survey #18923 16. Little Joe mining claim - U.S. Survey #18923 17. ~ild Cat mining Claim - . U. S.Survey #18923

Unpatented Mining Claims:

1. Ada No.2, Book 114, Page 423 2. Mable] Book 92, Page 540 3. Stanley, Book 92, Page 541 4. Alice Lode, Book 192] Page 103 5. Bessie Lode, Book 192, Page 104 6. saId Eagle Lode, Book 192, Page 105 7. Dido Lode, Book 192, page 106 8. Enterprise No. I, Book 192, Page 107

(Following -Recorded in Colorado, but book & page nos. not 9. Judy No. 1 provided herein, ava! lable upon request)

10. Judy No. 2 11. Denver Belle Extension 12. Silver Wing Extension 13. North,..,est Vein Nos. 1 & 2 14. Leads . 15. South Silver Wing

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EXPLORATION AND DEVELOPMENT

Drillin~ and Assaying 10,000 ft. @ ~ 20.00 per ft.

Assay 2000 samples @ $12.00 each

Split cores-labor

Boxes for storage and shipping to assay offive and postage

Misc.

'T'unnel Extension Enlarge present tunnel 800 ft. @ $55.00 per ft.

New tunnel 1500 ft. @ $170.00 per ft.

Repairs to existing tunnel and vent. system

Misc.

Eauipment 10 New Jack Leg drills @ $2700.00 10 Mine Cars-used-60cu.ft.-Gramby-type @ $3500.00 2 Camel backs for cars @ $1500.00 2 Locomotives-recon. @ $10,000.00 4 New Batteries @ $4200.00 2 New Battery Chargers @ $2,500.00 2 Muckers-Eimco #21-recon. ~ $10,500.00 2 Slushers-15HP-double drum @ $3,500.00 2 Slusher buckets @ $425.00 1 Tugger Hoist @ $5,000.00 4 Stopers @ ~2400.00 1500 ft.- linch air hose-50 ft. lengths with

fittings @ $75.00 1500 ft.- 2inch water hose- 50 ft. lengths with

fittings @ $65.00 1500 ft.- 4 inch ale air line @ $165.00/100ft. 1500 ft.. -2 II II II II @ $ 69.50/100ft. JO- 4 inch couplings @ $10.50 JO- 2 II II @ $ 5.50 1 Compressor-recon.- 900 CFM- diesel

Tax 3% Freight-12 trucks @ $270.00 Repair existing compressor

1\11 sc.

$200,OOO.BO

24,000.00

4,000.00

J,OOO.OO

4,000.00 $235,000.00

44,000.00

255,000.00

28,000.00

6,000.00 ~$333,000.00

27,000.00 35,000.00 3,000.00

20,000.00 16,800.00

5,000.00 21,000.00 7,000.00

850.00 5,000.00 9,600.00

2,250.00

1,950.00 2,475.00 1,045.00

315.00 165.00

25,000.00 $183,450.00

5,510.00 3,240.00 4,800.00 3.000,00

$200,000.00

r

".- General

Rent 1i ton truck- 6 mo. @ $400.00 per mo. Loading device to transfer ore from cars to truck Taxes Watchman Consultant Fee Labor-2 Men- 6 Months Mine Mgr.(part time) Gen. Mgr. Repair present buildings Reinforse Bridge New building for truck and miners fiJi sc.

Drilling and Assaying Tunnel Extension Equipment General

$ 23.5,000.00 333,000.00 200,000.00 122,000.00

2,400.00 1.5,000.00

8,000.00 7,200.00 6,400.00

12,000.00 8,000.00 9,000.00

10,000.00 20,000.00 15,000.00

9,000.00 $122,000.00

Exploration and Development $ 890,000.00 Total

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