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2 ’. oe* # ## # + #4 ts 2*22*22*, .“.00.“.0 ¥° °C# 0’00’“‘0.:“: *# #4 .00 us * 2* .“.“.00. *4 # +4 #* + # #* + «+ *4 *# 4 #* # #* # ## * a *# * *4 * C #4 P 82e 20 282242 240 *2 * es en esataatentnat nc nc After several months of investigaâ€" tion of the Davidson orebody two things stand out.. One is that selective minâ€" ing appears impossible, as is also sortâ€" ing after mining, the other that the Davidson promises to be the lowest grade gold mine in Canada, running approximately $2 a ton. First work indicated the possibility of discarding Mining and crushing units will be oversized, that is far beyond the capaâ€" city of the rod mill. This is to permit the mining and crushing to be done in one shift so that provision of artificial lighting will not need to be extensive. to make on ollicial information. A decision to go ahead with putting mill on Davidson has just been made, and while the programme of mining and construction has yet to be worked out in detail, the hiring of a construcâ€" tion crew is starting at once for the putting up of various buildings, inâ€" cluding the mill. Plans are to have all buildings un and ready for the reâ€" ception of heavy machine pieces when it is possible to transport them in over the road from Elk Lake this coming winter. The millsite was chosen last week when a party of Hollinger offiâ€" cials visited the property. One of the spare rod mills at the mine at Porecupine will be used. While this is good for 600 tons or more on Porcupine ore, its capacity on the hardâ€" er rock of the Davidson Matachewan will likely be considerably less, perhaps 500 tons a day. of The Northern Miner in reference to the Youngâ€"Davidson property at Maâ€" tachewan operated by the Hollinger will be of general interest:â€" Within two weeks Hollinger will start on the big jcb of bringing the Davidâ€" son in Matachewan into production, a task it is expected will be completed some time next April. The above statement The Northern Miner is able to make on official information. Hollinger to be Producing at Matachewan in April Make â€"Greenidge‘s Physiofâ€"’l‘hempy Clinie your health resort. Chiropractor and Electroâ€"Physio Therapist GENERAL ELECTRIC CO., LIMITED W. L. Greenidge Phone 941â€"W CONSULTATION FREE Gordon Block IF YOU DO, remember this important fact. "Bargain" bulbs waste currentâ€" add dollars to your lighting bills. Be thrifty and choose EDISON MAZDA LAMP®S 32â€"45p | ce to Hollinger would probably not have taken on this proposition if the price of gold had not advanced. Sudbury Star:â€"A tribe of Turks, lost 600 years ago in China, has just come to light. Anyone interested may have the same by paying for this ad. Success in treating ore running oneâ€" tenth of an ounce in gold content will be a great feather in Hollinger‘s cap and, of course, will stir other mining interests into emulation wherever low grade deposits hold opportunity of the necessary broad scale attack. Considering the hard nature of the ore, and the greater mining and millâ€" ing difficulties imposed, the Hollinger conception at Matachewan seems as boid ‘if not boider than the Alaskaâ€" Juneau enterprise. The source of power for the Davidson has not yet been definitely decided. Energy is offered by both Hydroâ€"Elecâ€" tric Power Commission from the Grand Canyon line and also by Northern Canâ€" ada Power. An early decision on this matter is to be expected. It has been pretty well determined that no metallurgical problem of, conâ€" sequence is involved in milling the ore. Just what tonnage the Davidson cperation will work up to remains to be determined. The first milling unit of 500 or perhaps 600 tons will under operation provide data on which to deâ€" cide the most economical scale of operations. While work on the orebody has been pretty well confined to above 200 ft., and to that depth is estimated to contain, say, two million tons, there is the probability, almost certainty, of extension to greater depth. There are also chances of new developments to broaden ore resources, not only in low grade but higher grade as well, as the ning up of the mine proceeds. With only $2 a ton to work on, Holâ€" linger officials are naturally seeking for the most economical mining and milling methods. The orebody is apâ€" proximately 300 by 500 ft. and as far as practicable open cut mining will be carried on. An electric shovel will be used. Costs of 50 cents ton for minâ€" ing and 65 cents for milling are hoped for, which would leave a gocd margin of profit after treatment losses. Comâ€" plete recovery will be made on the spot and extraction should be good. With present price of gold, the two dollar average is raised to three dollars, greatly broadening the margin of probâ€" awhle profit. material carrying very little o and raising the average mi around $2.75 a ton, but more investigation decided against tempt at sorting. CANADA x no gold lhead to intensive any atâ€" L53 sia, negorilations were successfully mde for the release of Mr. Weibe and h‘s family, but not until after a sum ol over $1,400 vas spent in the effort. After 37 days of travel Mr. Weibe and family finally reached Pelee, arriving there on Thanksgiving, which was quite an appropriate date as the entire family were thankful that they had at last escaped from the honds of the Soviet rule, also that both families were finally united after so many years of worry and hardships." Here is the paragraph from The Amâ€" herstburg Echo:â€""After several years ofi unsuccessful negatiations with the Soviet Government, John Weibe, resiâ€" dent ofi Pelee, formerly of Russia, finâ€" ally succeeded, with the help of Capâ€" tain A. Flowers, o Pelse, in obtaining permission for the re‘sase of his brother and his family, who had boeen detained in the Soviet Union fer years awaitâ€" ing a chance to join his prople in Canâ€" ada. On three different occasions John forwarded the price of transportation, which never reached his brother. Finâ€" ally t (rough the aid of Captain ~low*rs and a fellow British army officer who is statiomned as an agent in Soviet Rusâ€" There is much food for thought in the following paragraph from The Amherstburg Echo. It gives the story of the final escape Oof a family from Russia and their‘ thanksgiving when finally they are safe in Canada. The item makes little comment on the facts of the case but the facts certainly leave much ground for comment. For inâ€" stance, there is the evident anxiety to leave Russia. That tells its own story. Then there is the fact that any talk of Russia freedom is ridiculous when people are not even free to leave. The continual demand for money to arrange for the departure of the family and then the neglect to implement the proâ€" mises made is another feature that has often been charged against Russia but denied by the enthusiasts for the Soviet. This paragraph gives an actual case in point. It might also be emâ€" phasized to those who howl here about Russia and its alleged advantages that there can be no doubt that Canada never attempts to foree a man to stay here if he wants to go elsewhere, unless, of course, he is a criminal. Pascalis Gold Mines Limited, Tibleâ€" mont Island and Sullivan Consolidated Mines, Limited, are other items in Venâ€" tures portfolio that are briefly reviewed. During the past year Ventures Limitâ€" ed sold 50 per cent. of its holdings in Ontario Refining Company Limited, proceeds of which were used to retire Thankful Family Reaches Canada from the Soviet Plans are announced for proceeding actively with development of Canadian Malartic Mines, Limited, formerly Maâ€" lartic Gold Mines, in which Ventures and Sudbury Basin are jointly interâ€" ested. Prospects are held out for a profit from operations of the Opemiska Copper Mines, Limited, on a posible production basis of 300 tons per day on 8 per cent. copper, $2 gold and an ounce of silver per ton. a loan of $280,000 to Nipissing Mines Limited. Enough ore has been exposed at the Island Lake Mines property to pay for the cost of the small mill erected in accordance with a contract with the owners. â€" Encouraging results are reâ€" ported at the Mikado Mines, Lake of the Woods district. A multiplicity of narrow flat seams of quartz showing considerable free gold are mentioned in connection with the company‘s work on the Matachewan Consolidated Gold Mines property. The figure is presented in a letter which the company issued last week to shareholders, outlining accomplishments since its inception. â€" Included in thc total are the expenditures of companies which have sprung from Ventures‘ acâ€" tivities: Falconbridge Nickel Mines Limited, Sherrittâ€"Gordon Mines Limitâ€" ed, Sudbury Basin Mines Limited, Coniaurum Mincs Limited, and Beatâ€" tie Gold Mines Limited. Activities Reviewed A cursory review of activities of comâ€" panies associated with Ventures, Limitâ€" ed, is contained in a letter going forâ€" ward to shareholders. Production of nickel in matte at Faleconbridge Nickel Mines has reached a rate of 800,000 pounds per month. Beattie Gold Mines Limited has increased the scale of proâ€" duction to 750 tons per day, mill heads averaging .214 ounces, and tailings .0338 cunces of gold per ton on the first three months‘ production. Expectations arse held that Coniaurum Mines Limited may enter favourable territory for ore in the near future, the shaft having a depth of 3,000 feet and drifting toward the extension of the new vein system on the 1,500â€"foot level, having started at the 3,000. The showing is described as a "strikâ€" ing examuole of the importance of minâ€" ing in helping to carry the financial burden of the country in a time of deâ€" pression. A list of the contributions by the individual companies covered by the report follows: Ventures Limited $2,539,659; Falconbridge Nickel Mines Limited, $5,298,290; Sherrittâ€"Gordon Mines Limited, $5,986,087; Sudbury Basin Mines Limited, $1,379,540; Coniâ€" aurum Mines Limited, $2,863,298; Beatâ€" tie Gold Mines Limited, $1,237,008. Toâ€" tal, $19,303,882. Spent 20 Millions _ in Past Four Y ears When Ventures Limited was organâ€"| ized four years ago, with aspirations in mining and prospecting typified by its name, a succession of enterprises followed which resulted in expenditures for exploration, development, mining | operations, wages, machinery and supâ€" plies from Jan. 1, 1929, to Sept. 30, 1933, amounting to $19,303,882. ( Lindsley Companies Issue Statements, Mopeful Prospects for Coniaurum Mines. Other "Ventures" of Ventures Lid. THE PORCUPINE ADVANCE, TTMMINS, ONTARIO â€" President‘s Plan to .\ Control Gold Price According to negotiations under way \ McManus Red Lake property is to reâ€" |\ceive a new trial. It is located one ,half mile east of Howey and gold disâ€" coveries on it antidated the Howey .find by three years. Interesting surâ€" ‘face shows on it are reported and | attention is directed toward it in line | with a general Red Lake revival. "When we have restored the priceâ€" level we shall seek to establish and maintain a Gollar which will not change its purchasing and debtâ€"payâ€" ing power during the succeeding genâ€" eration. I said that in my message to the American delegation in London last July, and L say it now once more. Control of Gold Value "Because of conditions in this counâ€" try, and because of events beyond outr econtrol in other parts of the world, it becomes increasingly important to deâ€" velop and apply the further measures which may be necessary from time to time to controlothe gold value of our own dollar at home. "Our dollar is now altogether too greatly influenced by the accidents of internattonal trade, by the internal policies of other nations, and by poliâ€" tical disturbance in other continents. Therefore the United States must take firmly in its own hands the control of the gold value of our dollar. This is "Some people are putting the cart before the horse: they want a permanâ€" ent revaluation of the dollar first. It is the government‘s policy to restore the priceâ€"level first. I would not know, and no one else could tell, just what the permanent valuation of the dollar will be. To guess at a permanent gold valuation now would certainly require later changes, caused by later facts. recent speech of President Franklin Roosevelt of the United States in regard to plans for the establishment of price levels and the control of the gold dollar in the USA. has roused special interest in this North Land beâ€" cause of the possible effects of the policy propounded on the price of gold. Text of Address in Relation to Gold The text of that part of President Rocsevelt‘s speech having to do with the setting up of a gold market follows: MeMANUS RED LAKE TO BE GIVEN FURTHER CHAXCE Intends to Establish Price Levels First Threcughout the United States. To Control Gold Dollar., The George Taylor NHardware Ltd. The "hydroxilation‘‘ process of combustion, developed for the Challenger oil burner and fully patented, enables you to burn oil and enjoy its luxuries at low cost. » » » Scientific tests by Canada‘s foremost engineers prove that the Challenger‘s unique principle of combustion is 50% more efficient than the methods of combustion ordinarily known in domestic oil burners. » » _ » (Read their statements). » » » The oil is not burned directly but is first transformed into gas in a special carburetting chamber See Live Demonstration at MINING CORPORATION TO DRILL IN TEMAGAMIT FORFEST Prospectors have staked 12 claims in the Temagami Forest Reserve for The Mining Corporation of Canada, Limitâ€" ed. The surface showings are very inâ€" teresting and a cortain amount trenching and channel sampling has been done. A considerable length of the vein is covered with heavy overburâ€" den and swamp which does not lend it self to further trenching work, and it is understood that a diamond drilling campaign will be conducted to further information as to the dip and cortinuation of the vein at depth. It is understood that sections of the vein where trenched gave interesting gold assays. Further information will be available when diamond drilling reâ€" sults are known. Credit High, Prices Rise "You will recall the dire predictions made last spring by those who did not agree with our common policies of raising prices by direct means. What actually happened stood out in sharp contrast with those predictions. Govâ€" ernment credit is high, prices have risâ€" en in part. necessary in order to prevent doilar disturbances from swinging us away from our ultimate goal, namely, th« continued recovery of our commodity prices, "Doubtless prophets of evil still exist in cur midst, but government credit will be maintained and a sound curâ€" rency will a rise in the American commodity priceâ€"level." Market for Gold "As a further effective means to this end, I am going to establish a governâ€" ment market for gold in the United States. Therefore, under the clearly defined authority of existing law, I am authorizing the Reconstruction Finance Corporation to buy gold newly mined in the United States at prices to be deterâ€" mined from time to time after consultâ€" ation with the Secretary of the Treasâ€" ury and the President. Whenever necessary to the end in view, we shall also buy or sell gold in the world marâ€" ket. "My aim in taking this step is to establish and maintain continuous conâ€" trol. "This is a politcy not an expedient. "It is not to be used merely to offset a temporary fall in prices, We are thus continuing to move toward a manâ€" aged currency. Judge: "Mrs. Murphy, why did you assault the gas man?" Mrs, M.: "Sure, yer honour, he called me an occupant." â€"Exchange The first case noted of theft in this part of the North where the stealing seemed to be to actual hungr and not the desire for luxuries or goods without working for them is reported from Kirkland Lake where a man of 32 years of age was charged with breakâ€" ing into houses at Goldthorpe and stealing food. Harry J. Fine repreâ€" sented him in court and stated that the young man was starving. "He had been waiting for a friend who was goâ€" mm make restitution when he secures work The penniless man has nothing to feart in Magistrate Atkinson‘s court. On the other hand it must be recognized that breaking into houses and stealing even food can not be permitted. Sometime: the victims of such thefts are ill able to sustain the loss. In addition it may be noted that in this counry stealing can hardly be justified even on the grounds of necessity for the people are kindâ€"hearted and no man will be allowâ€" ed to starve. The man who was given ing to help him with a sum of money | suspended sentence for the thefts at or job,. and he took only enough food Goldthorpe "came from Kearney, Ont." to sustain life," argued Mr. Fine, WhO‘peeording to the statements made at added that the man had touched noâ€" | the trial. ‘There is a great deal of thing but food in the two @wellings. ) qifficulty arises from that pointâ€"men As the lawyer must have defended the | "coming" from here and there. IH man without fee, as he had no money | they stayed where they were known and no friends in the North, it shows | they would likely be looked after, and that men are not deserted in this| it dgoes not seem fair to expect distant country even if they are penniless. places with their own unemployed to is the truth, though a pun, to say th@At | eare for or look after strangers from the defence of the man was a "Fine" | aqfay thing. The magistrate showed equal kindness when it came to judgment Try The Advance Want Advertisements FIRST CASE OF THEFT iN DISTRICT THROUGH HUNGER STOCKS BONDS GRAIN loronto Montreal Hamilton London Sarnia Owen Sound Kirkland Lake Cobale Timming Noranda North Bay Sudbury OFFICES: Managetr G. F. Black F, O‘HEARN CO, modities. Memberships on leading exchanges together with our extensive private wire system reachâ€" ing all principal financial markets and northâ€" ern mining centres, assure rapid transmission of important news and a fast and reliable market service. Members Standard Stock and Mining Exchange Toronto Stock Exchange Montreal Curb Market Winnipeg Grain Exchange Chicago Board of Trade Phone 100 E offer an unexcelled service in mining and industrial stocks, bonds and comâ€" Our test shows: average 50%,, Challenger combustion efficiency.â€"]J. T. DONALD CO. LTD., Montreal. 10%, CU3 Challenger Montreal. suspended sentence for the thefts at Goldthorpe "came from Kearney, Ont." according to the statements made at the trial. There is a great deal of difficulty arises from that pointâ€"â€"men "coming" from here and there. If they stayed where they were known they would likely be looked after, and it does ncot seem fair to expect distant places with their own unemployed to care for or look after strangers from afar. 1s$ rare 140 Orrud, Combustion effic MILTON HERSEY Corner Third and Pine Sts. efficiency CO