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An old friend of The Advance in one of the smaller towns of New York State writes this paper in reference to the Riscoe (Gold Mines, Limited. The suggestion relative to selling shares, of course is something that a newspaper can not take up. The shares, however, are being listed on the Standard Mining Exchange and so there will be a regular market for them in easeanyone wishes to buy or sell. At the present moment, howâ€" ever, the purchase of shares is being urged upon the public as a good proâ€" position where all will get a good run for their money. _ Arrangements are now being completed for financing the building of a 100â€"ton mill on the proâ€" perty, which is in Northwestern Queâ€" bee. The financing is in charge of Malcolim Stobie, Toronto, and T. C. Anderson, of Montreal, two brokers of wide experience. The Siscoe Mines hold 948 acres in Dubission township, thirty miles east of Rouyn and said to be on the same gold belt. Work done on the properâ€" ty has been very encouraging and seems to warrant further development. The consulting engineer for property is J. M. Forbes, of Ottawa, while M. A. Houston, of Los Angeles, has becea appointed resident â€" engineer. _ The mill on the property is to be ready for use by November 15th. Wherever the Recipe I4:{“.*» for Milk § Unsweetened Mill to be Built on Property. Stock Being Listed on the Standard Mining Exchange S16GOE MINES FIRANCING NOW BFING ARRANGED Use it s1 CHARLES A recent report by J. M. Forbes in Nowhere else but in a «"SALADA" rackage can you obtain such high quality tea for so low a price and be sure that such quality will continue. Try one package! If it does not please you, your, grocer will gladly refund you your money. FREE RECIPE BOOK Tue Borpex Co. Lmiteo MONTREAL MARK REGISTEREp _ CBRANO **Main Land veinâ€"The cceurrence referred to as the Main Land vein is a large mineralized zone on the main land mine of Island. This zone is about 100 feet wide with a general eastâ€"west strike and dips to **In connection with the above veins it should be noted that the net work of stringers in the D zone and the vein C itself dip towards each other and the possibility of these being reâ€" lated should be borne in mind when further exploration work is being done. ‘*K veinâ€"This vein, which was reached _ underground from ‘*‘D" shaft, is a stromg vein running, it is reported, a Ittle south of east and so it would roughly parallel to the granâ€" diorite contact. Good values are reâ€" ported by Mr. Siscoe. ‘*Siscoe veinâ€"This vein appears to have a general eastâ€"west strike shown several feet wide on the surface and has been reached underground from D shaft. Values are also reported from this vein that these could not be checked owing to D. shaft being full of water. vein further to the south. The total amount of underground work, I am informed, is in the neighbourhood of 900 feet. The surface near ‘*D" shaft contains a large number of irreâ€" gularly occurring _ small They contain quartz, considerable tourmaline and free gold. It is reâ€" ported that underground a large numâ€" ber of small veins oceur. These veinâ€" lets appear to be the older type and while they are small they are so closeâ€" ly spaced in zones that they are worthy of further ~attention. _ The shaft was full of water at the time of my visit. veinâ€"At this point an incline shaft has been sunk to depth of 143 feet dip being about 65 degrees to the east. A crosseut has been run from the bottom of this shaft to intersect ‘*C veinâ€"An inclined shaft 525 feet deep has been sunk on this important vein which strikes somewhat E. of noxth The average dip of the shaft is 42 degrees. Levels have â€" been established at the following depths along this dip, first level 170.5 feet, second level 268 feet, third level 391 feet, fourth level 500 feet. The botâ€" tom of the shaft is 334 feet vertically below the surface and is 378 feet horiâ€" zontally from the shaft collar. The following drifting has been done: First level, N. E. 346.5 feet, S. W, 178 feet. Second level, N. E. 521.5 feet, 8. W. 23 feet. â€"Third level, N. E. 95.5 feet, S. W. 18 feet. â€" Fourth level N. E. 130.5 feet, S. W. 30 feet. Totol N. E. 1,094 feet, 85. W. 249 feet, making a total length of drifting of 1,343 feet. Further reference to this vein is inâ€" cluded under the heading of indicatâ€" ed ore. ‘*B veinâ€"A shaft 36 feet deep has been sunk on this vein which shows about one foot. of quartz adjacent to a porphyry dyke. â€" Values are reported. $7.50. _ At a subsequent increased tonnage this figure should be subâ€" stantially reduced. No power is available other than steam, using wood as fuel. It is probâ€" able that Diesel engines will be necessary as a source of power supâ€" ply. Water transport for the fuel oil should not be unduly expensive if properly arranged. _ Winter storage will be necessary. ‘*The rocks on the southern pari of the island are lava flows and tuiffs of medium to basie composition and of Keewatin age. The northern porâ€" tion of the island is ocecupied by an intrusion which is highly altered and was originally a grandiorite. ‘*The following veins were particuâ€" larly noted : *A veinâ€"This occurs in the greeonâ€" stone, has a nearly vertical dip and strikes about N. 65 degrees E. It is irregular and probably averages about 1 foot in width. On it has been sunk a vertical shaft reported to be 65 feet deep full of water at the time of my visit. _ Values are reported to exist. Up until a few days ago the stock was only traded in on the Montreal Mining Exchange, but it is now listâ€" ed on the Montreal Curb. Applicaâ€" tion has been made to list it on the Standard Exchange in Toronto. ‘‘As some of the veins are conâ€" verging interesting possibilities exist at depth and at 500 feet, the deepâ€" est depth obtaimed, I was impressed favourably with the structure. Much tourmaline is in evidence, free gold can be easily seen and the sulphides carry quite good values. ‘*‘The cost per ton of handling the indicated 60,000 tons should not exâ€" ceed $6 and for future operation He says, *‘ Values at the 500â€"foot level obtained by me ($18.24 per ton) are chiefly in the sulphides adjoining the vein. This fact has had considerâ€" able weight in my forming a favourâ€" able opmion of the property. regard to the property should be of special interest at this time particuâ€" larly to the reader making the enquiry last week, He says, ‘‘Values at the 500â€"foot *‘ (1) If in the sections where free gold obviously occurred the free gold has been included in the samples sent for analysis. I am satisfied that visâ€" ‘*C veinâ€"I have considered the ore indicated in vein C in two sections each on the north and east side of the shaft. The first section is the ore about the 200â€"foot level and the second section the ore between the 500â€"foot level and the 290â€"foot level. Free gold is in evidence in the shaft from the surface to the 500â€"foot level and is frequently seen in all the levels. The assay plan submitted me by the company was carefully gone over unâ€" derground to establish: the south. It occurs at lake level so that very few feet of its extension along the strike can be seen. In this zone numerous reticnlated masses of white quartz were observed enclosing elongated masses of granite, carrying some tyrite and I am informed, a little free gold. Tourmaline is present within the quartz occupying seams up to 3 inches wide paralleling the strike of the zone. Sufficent sampling hbas not been done to determine the extent of the gold values, but the ‘‘zone"‘‘ is interesting and should be further exâ€" plored particularly as the dip appears to be toward Siscoe Island which is onlv about 2,000 feet distant. THE PORCUPINE ADVANCE, TIMMINS, ONTARIO On August 20th, Canada Northern Power Corporation Limited will offer its customers, through its emâ€" ployees, a limited number of its 7% Cumulative Preferred Shares. Only 2,500 are at present available and the sale will close definitely at midnight, September ist, unless the allotment is sold before that time, which is most likely. In order to enable as many of our customers as possible to take advantage of this opportunity, not more than ten shares will be soid to any one individual. Our 7% Cumulative Preferred Shares rank amongst the best in the country. Behind them stand assets valued at $32,500,000 represented by sound substantial properties â€" power plants, subâ€"stations, transmission lines, buildings . . . . plus the goodwill and patronage of over 9,000 customers. If{ you are interested in an investment opportunity combining safety with assurance of regular dividends, you will not delay your application after August 20th. On that date any employee can take your order. The Customers Ownership plan has found big favour, first because it brings the people an opportunity for safe investment, and second beâ€" cause it represents a sound principle â€" participaâ€" tion in the earnings of Public Utilities by those who create them. customers to become shareholders. The reception given this invitation demonstrated the desire of the general «public to associate themselves as partners of this essential industry. Today there are over 2,500,000 customer shareholders of public ut:iities on this continent. Fostered and developed by the Companies themâ€" selves, this wide distribution of ownership has grown to such proportions as to give a new meanâ€" ing to "public‘ in "public utility‘". Formerly looked to only for dependable service, they are now being increasingly regarded as institutions of investment â€" safe places for people to invest their funds. They have become "public servants" in a new sense. Not only do they serve the public but they are owned by it. EnstIfUFIONS Cf OPULAR ownership of public utilities has had a remarkable growth and has revolu ti0onized trae savins and invastino hanmts nft® t+hmicandeâ€"nt.nonrnlia ‘ "It)has nmivantha anaal A tionized the saving and investing habits of thousands of people. It has given the small investor the opportunity to invest money at an attractive yield, at the same time giving him the greatest possible protectior for his investment. Canada Northern Power Corporation You are invited to become a Partner of Ours More complete details regarding this partnership opportunity will shortly be announced. NORTHERN ONTARIO LIGHT POWER COMPANY LIMITED GREAT NORTHERN POWER CORPORATION LIMITED NORTHERN QUEBEC POWER COMPANY LIMITED NORTHERN CANADA POWER LIMITED Branches â€" COBALT ENGLEHART HAILEYBURY KIRKLAND LAKE TIMMINS soUTH PORCUPINE ROUYN NORANDA ‘‘Above the 290â€"foot level the indiâ€" cated ore (exposed on three sides) amounts to 36,000 tons which (with allowance for dilution}) has a value per ton of $16.70. ‘*Below the 300â€"foot level this ore can only be seen in the shaftâ€"on the 290â€"foot levelâ€"and on the 500Gâ€"foot level with a short drift at the 390â€"foot level. The assay plan at the 500â€"fo>t level and covering 100 feet showed a value of $6.09 per ton. It occurred to the writer that the sampling has been done away from the values and the values were more on the hanging wall side where at this level the vein carâ€" ries heavily in pyrite with much tourâ€" maline in evidence. On my first visit a character sample of heavy pyrite was taken from the hanging wall and assayed $234.00 per ton. _ A second visit to the property was therefore made and the same 100 feet sampled. The average value obtained with ‘‘(2) The relation of the sampling to the true vein widths. The average sampling width was 3 feet 8 inches, and the average width of the vein inâ€" cluded in the estimated ore above the 290â€"foot level was found by measureâ€" ment to be 3 feet, 84 inches. Eviâ€" dently no wallrock was included in the sampling. ible free gold was generally exclude The movement had its start in a small way in 1914 when a California Company invited its L ILIMIT ED Head Office: NEW LISKEARD, Ont. WATCH FOR YOUR MAIL Controlled and Operated by $18.24 per ton, a value which, elosely approximates the values on the upper levels, We can take, with reasonable safety, 24,000 tons additional ore beâ€" tween the 290 and the 500â€"foot level having about the same value as shown on the uper léevels, namely, $16.70 per ton. The total tonnage is therefore 60,000 with an average value of $16.70. the wageâ€"earner, the salaried employee and every person of moderate means to invest safely at an excellent rate of return in a basic industry â€" an industry which is woven into the fabric of the life of the community â€" where he can watch his money work for him day and night 365 days of the year. When the myriads of lights flash on in homes, mines and factories, he sees his investment at work earning good dividends for him in a diversity of ways. No large amount of money is required for investâ€" ment under the Customer Ownership plan. Shares may be purchased either for cash or on the partial payment plan. You may buy as you save, if you wish. Interest at the rate of 6% per annum is allowed on partial payment â€" twice Savings Bank interest. When payments are completed the purâ€" chaser receives a stock certificate â€".his symbol of ownershipâ€"and thereafter he will receive diviâ€" dends at the rate of $7.00 per share per year, paid quarterly by cheque. Opportunity for S$mall Inpestor ‘‘Stoping widths, I have assumed Roaches,Bed Bugs ... _ es o( *+7% onl h a. Mosquitoes, Flies Growth in Popular Ownership of Public Utilities U ./'n I ' A ”,,'" // /'/‘ 1 ' VAAA NY o1 V# ‘)’ // .‘.’/,", //‘;’ s 4 y h Customer, or Home Ownership as it is sometimes called, makes it possible for Toronto Mail and Empire:â€"A . E. couple of Americans have travelled round the world in twentyâ€"four days, but have not explained what detained them. St. Mary‘s Journalâ€"Argus:â€"If we could see ourselves as others see us we mwO'me the first thing most of us would do would be to *urn off the light. the average stoping width will be four and oneâ€"half feet. *‘*Total costs per ton: These I estimate at (a) for the 60,« 000 tons indicated, $6.00 per ton. (b) for future tonnage including developâ€" ment, $7.50 per ton."" Thursday, Aug. 9th, 1928 T‘he yellow can with the black band"*