Timmins Newspaper Index

Porcupine Advance, 12 Jan 1928, 2, p. 3

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Consolidated West Domeâ€" Lake elssed its mill during the yeai and turned attention toward lateral wouk at the lower levels of the main workâ€" ings, and, also, toward exploration from the old 300 ft. West Dome shaft. Ankerite worked during the year at Ottawa, 22nd December, 1927. STOCK of this Company has bee: declared payable January 1l6th, 1928 to Sharecholders of record at the closc of business December 31st, 1927. By order of the Board, JOHN RANKIN, Secretaryâ€"Treasurer. Notice is hereby given that a Div dend of Fifty Cents (50c) per shar: upon the NOâ€"PARâ€"VALUE COMMOA® outlook for 1928, Melntyre and Dome will each be able to distribute bonuses in addition to current rate of diviâ€" dends. Melntyre is to establish new high tonnage records in 1928, and with the further likelihood of construction of an additional mill. The year 1928 is the period for which officials have planned big things for Melntyre. The new 4,000 ft. shaft is now fully eonditioned. A mill of 500 tons daily capacity is being erected on Coniaurum, and may be ready for operation by early in the coming summer. In the meanâ€" time, the results of development to 2,000 feet in depth suggest a medium erade ore which should show a moderâ€" Tuil than was the case a year ago. Everywhere in the Poreupine disâ€" trict there are indications of dividends being maintained. While Dome made eonservative distributions during 1927 it is to be noted that during the year the dividends from Hollinger and Mcelntyre were at the highest point so far reached. As regards the outlook for 1928, Melntyvre and Dome be developed in beneath the sedun of writing, the oi ful than was the < 11,000 Lake ShoOre L. . ;. x :s +s a 11,000 Wrightâ€"Hargreaves =..... 0,000 Sylyanite. ...../. ;. .+. 3 ~2.250 Lake. ......... . 1,700 Vipond in se uiss 1,800 â€"It is interesting to note that â€"Holâ€" lmcrer is producing nearly as much gold as the combined output of the next four largest producers. It is alâ€" so somewhat of a eoincidence to witâ€" ness 1928 beginning with four of the great gold mines of Northern Ontario running neckâ€"andâ€"neck in the amount of current output of gold. Not only this, but while Melntyre, Dome, Lake Shore, and Teckâ€"Hughes are each proâ€" ducing about $11,000 daily at present, it is interesting to find good prospects in each case for imvortant increases. At Dome Mines, the question of longevity is centring upon what is to be developed in the keewatin lying beneath the sediments. At the time of writing, the outlook is more hopneâ€" Not only this, but dividends from mines of the Poreupine district, deâ€" spite the lower grade of ore, amounted to over $8,250,000â€"being not far unâ€" der three times as great as the diviâ€" dends from the higher grade Kirkland Lake area. Hollinger in 1927 paid more than twice as much in dividends as the entire Kirkland Lake gold area, A very interesting picture of output from the more 1mp01tdnt gold mines of Northern Ontario may l)e gatherâ€" ed from the following: Name of Mine. Daily Production Hollinger.;...s...%* @1 ««+$40,000 Mclntyvreé â€" . ...3.}, .. .. ... 11,000 The following extracts are taken from an interesting and informative article by Mr. J. A. McRae, published in the Financial and Commercial Reâ€" view number of The Mail Empire. The article in part is as follows :â€"â€" Production of gold from the Porâ€" cupine district during 1927 amounted to over $23,000,000, being nearly three times as great as the output from the rapidly growing Kirkland Lake disâ€" trict. Over $64,000,000 Has Been Paid in Dividends by District Mines. Hollinger Dividends in 1927 More Than Twice as Much as Paid by Whole Kirkland Lake Area. Porcupine Has Produced Over $208,000,000 to Date BRADING BREWERIES Dome Common Dividend No. 16 You may not be able to get "SALADA®" Orange Pekoe Blend in every store, but most good grocers sell it. A great many people do not realize that such a tea is on the marketâ€""SALADA®" is much the finest Orange Pekoe Blend you can buy. Daily Production ....... 11,000 ....... 11,000 11,000 11,000 9,000 2 25( There would be many more loafers if more people knew how to make a living that wav. The _ committee‘s _ announcement states that Canon H. J. Cody, former Minister of Education for Ontario; Brig.â€"Gen. C. H. Mitchell, Dean of the Faculty of Aplied Science, Uniâ€" versity of Toronto, and Dr. A. H. U. Colquhoun, Deputy Minister of Eduâ€" cation, have consented to act as judges. The contest closes Thursday, Mareh lst, and announcement of prize winâ€" ners will be made as soon thereafter as possible. according to the decision which boasts senting to t! tity of Cana be chosen b: The basic ng an essay contest ITOr students in Collegiate Institutes and _ High Schools throughout Ontario on the general topie of heating Canadian homes with Canadian coal. Students are asked to discass the advisability of this in essays of from 1000 to 1500 words. EGoAY GONTEST FOR RIGH SGHCDL PUPILS :COA With the approval of the Provincial Department of Education the Producâ€" edâ€"inâ€"Canada Committee is inauguratâ€" ing an essay contest for students in Collecrtate Institutes and â€" High Mines of the Poreupine district have produced $208,000,000 in gold, and have paid $64,500,000 in diviâ€" dends. Surplus in the treasury of the operating companies amounts to over $20,000,000, while the known ore reserves are probably close to $100,â€" a slight operating loss, but had imâ€" proved the situation to about an even balance toward the end of the year. Premierâ€"Paymaster _ and _ United Mineral Lands became associated in a merger. _ Much construction proâ€" gress was made on the Paymaster, where the effort to win profits from $2.50 ore is still regarded as an interâ€" esting experiment, but one which is earnest and constructive. Some new work is planned for the old Hunter property at the east end of Poreupine Lake and on the Holtyâ€" rex property lying north of Melntyre. Mines of the Poreupine district ‘‘Why Canadian Homes Should be Heated With Canadian Ccal.‘‘ $600 in Prizes for Essays. CLEANER and DYER 21 Fourth Ave. in l Sinclair the Valet Cheaper to Clean and Dye Than it is to Buy ‘THE PORCUPINE ADVANCE, TIMMINS, ONTARIO weight, after ‘he had investigated all methods of electrical prospecting over a period of several years. ‘‘Dr. Mason found from ‘his invesâ€" tigations that electrical prospecting methods could be divided into three classes, selfâ€"potential methods, equiâ€" potential _ methods and â€" inductive methods of electrical prospecting. From the results of his long and unâ€" biased investigations, he reported in the aboveâ€"mentioned article, in comâ€" paring the three classes of electrical prospecting: ‘The inductive method is thus better able to distinguish beâ€" tween the enormous conductivity difâ€" ferences between ores and cover and the far lesser variations occurring in barren ‘«Mr. (MceGregor we assume to have had the aboveâ€"mentioned training and experience, as he has so willingly acâ€" cepted the role of reviewer for this subject and it is interesting to comâ€" pare his deductions with those of a very wellâ€"known physicist, of broad experience, Dr. Max Mason, president of the University of Chicago, who recently published an article referring especially to electrical methods and prospecting in the Engineering Mining Journal of November 12th and 19th, 1927. We refer to this article in the above magazine, entitled ‘Geoâ€" physical Exploration For Ores.‘ This article, written by Dr. Mason, repreâ€" sents the views of an unbiased phyâ€" sicist whose names bears considerable ‘‘In a recent article in the Canaâ€" dian Mining Journal, Mr. J. C. Mcâ€" Gregor attempted to review the past of electrical exploration in Eastern Canada from the viewpoint of a general criticism of the various methods applied, and the results obâ€" tained therefrom. In making an atâ€" tempt to ecritically review electrical prospecting, it should be required, of course, that the reviewer should have had a sufficient training in the art or in the physiecs connected with the art to intelligently understand the prinâ€" ciples involved and it should be exâ€" pected further that the reviewer should have had a broad experience with all the methods of electrical prosâ€" pecting if he is to intelligently compare the results of the various methods and further to comment on the value of electrical prospecting to the mining world. ‘‘Electrical exploration, which is one form of geophysical exploration, has become increasingly important in the past few years, and there are several companies who are offering their services to the mining world. ‘*‘Geophysical exploration for ores is a subject which is becoming inâ€" creasingly important to the mining world, and one which is engaging the attention of all mining engineers and others who are earnestly engaged in the development of mining properties. REPLY TO GRITIGISM Of ELEGTRICAL PROSPECTING Last week The Advance published an article in which Mr. James C. Meâ€" Gregor, geologist and engineer, of the Amulet and Area mines, made critical comment on electrical prospecting. Mr. McGregor suggested that electriâ€" cal surveys ‘had not located aâ€"single oreâ€"body in Quebec, and that the chances were about one to a thousand of them doing so. Mr. MeGregor adâ€" mitted that his remarks were likely to create a storm. The first breeze in this storm was in the form of a reply from Mr. E. H. Guilford, chief engiâ€" neer of the Radiore Co. So that readers of The Advance may have the other side of the question the article by Mr. Giulford is given herewith below : Engineer of Radiore Co.. Quotes Authorities and Cases to Show Value of Method. This deduction is at variance with this r to comâ€" ose of a of broad ‘*‘The Radiore Company does not desire to enter into a controversy with Mr. MceGregor, but they do desire to point out that Mr. MeGregor, in ‘*‘Dr. Mason further states: ‘Alâ€" though physical exploration for ores is a scientific development which can claim only a short history, its econoâ€" mic value has already been demonâ€" strated in many areas. The present accomplishments and technique in this field warrant serious consideration by mining men in laying any sound policy and programme of ore prosâ€" pecting . When conservatively and intelligently applied, in regions suited to their nature, I believe that physical prospecting methods will amply repay investments.‘ ‘*This, then, is the finding of a phyâ€" sicist who is of sufficient experience and reputation to ‘be the president of Chicago University and his words bear weight and are entitled to the consideration of all thinking mining men. ‘*In summing up his fiindings from the result of several years‘ investigaâ€" tion with all types of electrical methods of prospecting, Dr. Mason states: ‘No physical method detects ore, but only some physical characterâ€" isties usually, but not excelusively associated with ore.‘ Electrical prosâ€" pecting . methods depend upon the electrical characteristiecs of the ore being sought. ‘*‘Dr. Mason, in speaking of indueâ€" tive methods, using the vertical loop on page 808 of the Engineering and Mining Journal of November 19th, 1927, states: ‘This form of the indueâ€" tive method has proven especially valuable.‘* The Radiore Process is an inductive method of electrical prosâ€" pecting and uses the vertical loop to create its primary field. Mr. McGregor‘s report, who found from the result of his investigations that equiâ€"potential methods were the most desired. It is assumed, again of course, that Mr. McGregor must have had experience with all three methods in order to have intelligently compared their differences. To have a purpose that is worth while, and that is steadily being acâ€" complished, that is one of the secrets of a life that is worth living.â€"Carnaâ€" tion News. The Haileyburian last week says :â€" nlnspector W. 85. Black“all whose resignation has been in the hands of his chief, General Victor Williams, of the Prmmcml Police, for some two months, received word last week that it has been accepted and his duties ceased with the end of the year. He resigned following difference of opinâ€" ion on matters of polw\ in connection with law enforcement in the North Country, with the chief of the Deâ€" partment.‘*‘ Never cease to look for good in the other fellow. He may be having an time in regard to yourself. PROVINCIAL POLICE LOSE SERVICES OF GOOD MAN reviewing and criticising electrical prospecting methods in Canada, has not been in intimate contact with the Radiore Process to their certain knowâ€" ledge."‘ k One, two or more yearsâ€"no matter how long packed, Rideau Hall Coffee is as strong, when the tin is opened, as when sealed by the vacuum process. Opp, Public School, Golden Avenue _BRouth Porcupine, Ont. Latest Styles in Ladies‘ Haircuts a Bpecialty. The Most Sanitary and Up â€" to â€" date Barber Shop in town George Taylor Hardware Limited We do Electrical Work of every description, contract or otherwise. Why not let us solve your Radio troubles. Thursday, Jan. 12th, 1928 ELECTRICAL 61

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