Timmins Newspaper Index

Porcupine Advance, 16 Aug 1934, 2, p. 7

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properties that have been idle for many years. A very large sum has been spent on Matachewan. Many thousands of good British pounds were lost there ten or twelve years ago when one of the most ambitious diamond drilling programmes ever attempted in Northern Ontario was carried out on two properties now coming into production. The inter- pretation of the drilling was that aver- age values were low, an interpretation which in the case of the large porphyry cent CUQllll‘leS. however, seem to sug- gest that many readers would like something in the way of a review of the promising properties of Matache- wan and for this purpose there could be nothing better than the following extended resume from the annual num- ber of The Northern Miner. The Min- er says:â€" Matachewan Curing Into It Own After many years of spasmodic ex- ploration the Matachewan gold area has come into its own. It will have three producers by the year-end and prospects are that intensive develop- ment will gradually spread to include properties that have been idle for many qui-ries as to th Matachewan go] mins and on the highway betwee Sudbury. Ever ed in the Mata- vance has had the camp and i cent enquiries, ] seat that man‘ Expected to Have Three Producers Before the End of the Year. Rise in Price of Gold Assisting~ Matachcwan. Activity Spreading Over Wide Area. Prospects Un- usually Good for Establishing Important Camp. Matachewan Coming into Its gag Own After Years of Struggle THURSDAY Racer TO COOL youn 31.003 All. PROFITS FOR POIICYHOIDEIIS F. N. Whaley C. G. Keddie V .\('//(1 (IR ('fl’l' ('Mrtfnwrzz‘ W!» \ It costs LESS to Cook with Electricity by Takmg an Eflervescin Invigorating Giss of In Tinsâ€"35c and CDC New. lug. bottle, 75¢ 1C 'l( CANADA NORTHERN POWER CORPORATION, UNITED Representatives Advance has had ex ince new SAVE MONEY prOgress of the new camp south of Timâ€" 'oute of the proposed the Porcupine and we interest. develon- .ewan area The Ad- peated references to prospects. The re- rm WCV Electricity is the least expensive fuel to- day. And none of it is wasted. For you only have the power and HEAT on, when you need it. That’s why it costs less than a cent a meal per person to cook with electricity. Adopt this econo- mical. modern method for YOUR home. Give your family better meals that go COOK with ELECTRICITY for less than a Cent 3 Meal per Person. wan are Bated re )rospect Every Mcal Controlling and Operating NORTHERN ONTARIO POWER COMPANY. LIMITED NORTHERN QUEBEC POWER COMPANY. LIMITED 39 lsibilities of both are. great but it will take some time to work out. The slow development of the camp may denote solidarity. Naturally a keen interest has been revived throughout the Mataâ€" Ichewan camp and many are on the I search for other mines. Big Porphyry Body The Young-Davidson ore is a big red porphyry body and Matachewan Con- solidated, while it has much ore from quartz lenses in basalt, has a large ton- I nage in a porphyry dike zone, in addi- {tion to a deposit similar to its neigh- Ebour. Porphyries therefore, have been receiving a good .deal of attention. Most of the quartz veins that have been explored so far are narrow, typified by the Ashley Mine and the projects at the head of the east branch of the Mon- treal River. namely Baden Syndicate, Thesaurus Gold, Central Matachewan. and Woman River. Larger quartz veins do occur but gold 5 not been . Ma. \'4* a“ W consistently obtaifie' "across hem. The favourable basement formation from experience to date is greenstone, al- though the possibilities of the sedi- Matachewan in its early da: of the outcrops are deeply oxi panning for gold gave surpx sults. So did surface sampling instances, and quartz string found to contain some very 1’] mens of coarse gold. Northern Miner readers W informed of the trend of s developments in Matachev December. after a trip to the operations by a staff membei the two major projects have on production units and in e there is an excellent chance of perties enlarging to many t initial unit size. The tonn sibilities of both are. great bl ore bodim has 1 more intensive < price of gold ha outlook and it w linger, which ha outstanding pro and Sudbury 8 made very valua mining 1 .hewan i1 outcrops he trend of in Matache r a, trip to th‘ 1 staff memb‘ Bas Jabl would amps \m its ear; deve bee )f It chance of the pro- to many times the The tonnage Dos- 11 ti 1t ured t1 farther because the full nourishment value of each dish is retained. You will find it a pleasure to cook with electricity. The kitchen is always cool and clean. You save endless footsteps; endless worry. YOUR electric range is here for as little as 85 down and $3 a month. Come 1!: and see it. 16 tar ct significan wan las idiZCC if 1C in in ncipal Today ecided I) lib )rr If ' Operating costs for June are the low- est on record. The reduction of unit grade has not been purposely obtained abut reflects the vein situation under- lground for the time being. On the {second level drifting is going north Ein basalt on the Ashley vein and the lsoâ€"called “West” vein; the former is. ’strong but values are inclined to be ‘erratic. The veins are changing theii strike direction, to the north also, veer- ing' east. On the fourth level the vein is being worked south, west of A fault. The second throw of the Ashley vein 1 from faulting has not yet been picked : up; for a time it was thought obtain- ed. again to the west .but that is not clear-now. The Ashley vein‘ and its west-faulted section, known as the West vein, do not exist as yet-on-the bot- tom level, although only limited work has been carried out there. Diamond drilling has been going on, some from ‘-. ,___,___-._ A total of eight veins have been ex- plored on which some pits are' down 20 feet, and one is down 29 feet on No. 6 vein near the drilling. Most of the veins are narrow and so far gold values end No. 1 hole at 45 degree angle cut 30 inches quartz .65 oz. gold per ton for a value of $22.75 at present prices; four feet of wallrock went .3 oz. per ton for a $10.50 grade. No. 2 hole, 100 feet east at the same angle, gave 30 inches quartz assaying .60 oz. per ton, and Hole No. 3, 175 feet east, gave two feet of quartz assaying .40 oz. per ton; wallrock was not assayed for these last two holes, Mr. Crawford related. The vein shows widths up to two and three feet and has given gold values along the 900 feet it is opened upâ€" sometimes quite high. At the west Baden Syndicate The Baden Syndicate property at the head of the east branch of the Montreal River has considerable interest, very thorough preliminary work having been carried out under the direction of H. Crawford. While a number of veins have been opened up, principal attention has been conferred on No. 6 vein; elaborate trenching, stripping. and pitting has been carried out on all the veins. In diamond drilling No. 6 vein with a light model machine, three intersections were obtained which gave quite interesting results, 12 other holes could not get down to cut the xemponacmunmofttheowburdm fractured nature of some of the rock. surface but there hz ploration below the leveL ounces valued $36,477 The Ashley mine is located up in the north part of Bannockbum township, about 18 miles by road from Matachc- wan townsite and 42 miles from Elk Lake. the end of the steel. Production is proceeding steadily 'with average grade of. millheads somewhat down in past months. The mill is treating 130 tons daily with ten to fifteen per cent. sorted out. In May. 3,650 tons of ore was treated with a recovery of 1,070 ounces of gold and 159 ounces of silver, valued at $37,466. April production was There are numerous prospectors and syndicates at work in many contiguous townships. In traversing the area last week many were interviewed and the following prOperties were visited by The Northern Miner: Ashley mine. Young- Davidson, Matachewan Consolidated. O‘Connell Gold, Arbade Gold, Woman River Syndicate. Baden Syndicate, Central Matachewan, and Thesaurus Gold. Details have been carried in separate articles on Young-Davidson. Matachewan Consolidated. Arbade and O'Connell Gold. The others are here ib- 18. Porphyry and syenite i are looked for particuh tone. where structural m4 lave occurred. Shear 24 Ashley Gold as been little ex- existing bottom articularly. Jral move- >ar zones d hunting plored b; THE PORCUPINE ADVANCE. TWINS. ONTARIO ed. Diamond drilling may be carried out. Capitalization is 2,000,000 shares. 'niesaum Gold Work had just started on the Thes- aurus Gold property after a lapse of ten years. when the prOperty was visit- ed. The steam plant has been put into working order and the collar of the twmcompartment shaft was being re- paired. The boiler is a, 35-horsepower one, a two-drill compressor, a good hoist comprise the plant. The re- opening of this old property at the The property adjoins w the east of Baden Syndicate. A lot of surface work has been carried out and deep rock pits are being blasted out for 75 yards along the present interesting place. The strike is northeast and immediately in that direction low ground is encountered; 400 or 500 yards farther on the same break is believed to have been picked up with three feet of vein material showing which gave values up to $4.00. To the southeast it cuts through'some granite and heads into Baden Syndicate ground; the strike veers slightly. more south. Min- eralization was good and appearance healthy. The projected strike of the main occurrence on the Thesaurus Gold property to the east is only 40 feet of! the line of the Central Matache- wan vein. Other veins have been partially explored. all narrow; some encouraging assays have been received. .1. W. Morrison Ls consulting engineer for the company and D. M. Coghill of Elk Lake is secretary: six men are employ- .. amushowwis-oaithe west bank of the river and is a few inches wide and about a foot in length. There is no doubt about the richness of the small patch as the gold is clearly visible; it will be interesting to open up. It is contained in a wide vbreak, mineralized across and containing a . good deal of irregular silicification and alteration. It has been traced across nearly three claims with rock trenches and while some good assays 'are om- cially reported, the general results of channel sampling have been low grade. The break has a strike 10 degrees north of west and to the southeast acms the river a long distance, work is being followed out on what may be the con- tinuation of the break. There a quartz vein. about a foot wide, had been Open- ed up in two pits for a length of 600 feet. It was mineralized and is re~ ported to pan gold well. Other surface indications were also being investigat- ed on this side of the river. Central Matachewan An interesting surface development was under way at the property of Gen- tral Matachewan Mining Company when visited. Toward the west end of; No. 1 vein, visible gold was noted in a rock trench; the formation consists of narrow quartz veins in a sheared zone in Keewatin tufl‘s. The gold in‘ place was seen in one of the quartz; veins of which there were three or four * in a four-foot width; the total shear- ing was wider. In the same occur- rence more visible gold was obtained about ten feet farther along the strike. Officials report some very high assays over narrow widths of 12 to 15 inches. J. Paddon, vice-president. stated that diamond drilling of the extensive hold- ings would be followed out and a gas rock drill tested to expedite surface work. The claims have been all sur- veyed and some 15 men are employed under Wm. Goudge. C. Bond is secre- tary. The syndicate also holds 39 claims in Mallard township which are to be diamond drilled right away. Financing offers have been received but the syndicate is carrying on by it- self for the present. Alex Campbell of Elk Lake is pre- sident succeeding the late W. J. Shields. Capitalization is 4,000 units with 2,000 issued cf which 1,500 went- to vendors. A company of 2,000,000 or 2,500,000 capital is planned for en~ larged operations, out of which the syndicate gets 1,000,000 shares. Woman River Syndicate The visible gold show of the Woman River Syndicate property in the south- east corner of Baden township on the east branch of the Montreal River was also viewed. It created some excite- ment two or three months ago and since that. time it has not yet been blasted into. Teck-Hughes, Kirkland Hudson Bay, and Dik-Dik all had a look at it; the syndicate is actively carrying on surface operations as a syndicate and while company plans have been approved by shareholders, it has not yet been formed. steeply. Gold is easily panned from No. 6 vein and the values are finely disseminated with sulphides mostly. in the others have not stood up. The property adjoins on the west of Cen- tral Matachewan Mining Company, and the latter’s interesting vein is strik- ing into it under a swamp. Plans are now underway to either put in a heav- ier diamond drill or get underground and develop the No. 6 vein. The east swamp area is regarded as an inter- esting drill proposition. Most of the veins strike northeast and are dipping your VIQW on like! Don t waste your money definite. Ask for (‘ urters I them! Look for the name. C lube]. 25c. at all druggilu Wake l'p Your Liver Bile . . . Without Calomel, And Feel Like a Million Dollars. THAT DEPRESSED FEEllNG IS lARGElY [IVER . ASK Iur (‘urtcr'a by nameâ€"”and 410k for the mung. Cunet'l. on the 25c. at all drugmlu. 5 aubutitules at of kiltcr Inn to do in ‘f liquid bile Sunk”. mmm .ineral owing rendi- wake They vegeâ€" mange get Ul’ Peerless Gold Syndicate is working on surface four miles up the river from Moyneur's. Campbell in Yarrow town- ship is working on surface. G. Sum- mers is forming a company or 28 claims in Powell and Cairo townships. Geo. Tough of McNeely Syndicate is doing surface work in Powell. The Allan pro- perty in F'lavelle is also being inves- tigated. F. Fraser is prospecting in the area. Tyr- -Mac Gold Mines has many holdings and is to do some work in Powell township. T. Kollies has an interesting show in Baden township about a mile northwest of High Falls. Quartz veins occur in sheared greenâ€" stones and promising gold values have been obtained in some cases over good width. While work has been carried on for a period of years it has only been by one or two men. H. Kell has been working on a group of claims in argyle township for F. Connell; J. Reid recently sampled it. S. Kell has worked on a property of his own in northwest Baden township. Bloom Lake had not yet started work, al- though it is planned for the property to the north of Matachewan Consoli- dated. Interesting porphyry occur- rences are reported. The veins mostly strike northeast and occur in a granite; there are six altogether. A tunnel was driven some distance on a No. 5 vein and inter- esting disclosures are reported. The creek vein is also interesting with a good two-foot width of quartz and per- sistent; it will be carefully check sam- pled. The general plan is to crosscut to No. 1 and No. 4 veins and drift on them, and possibly diamond drill. Other Projects Many other prospectors and groups are working. Matachewan Pioneer Syndicate in Cairo township has a crew of men under H. A. Stevens doing sur- face work. A find made 25 years ago by Pinner which gave $18.00 in a grab sample is to be opened up. Another occurrence has been trenched for 600 feet. Matachewan Township Mining Co. in Cairo township, two miles from Moyneur's, has A. P. Dunbar doing surface work. G. Christie in northwest Yarrow township is working on a wide schisted zone, well mineralized with pyrite. It strikes east-west and is trac~ ed for 1,500 feet in three ‘big trenches. Some high assays are reported par- ticularly from schist near any quartz. Some of the larger mines have examin- ed it. Staking is reported around this property on the strength of Norandaj sampling it. Five men are working; Three drill holes were put down on W.; Young's group of claims in southwest; Powell township last winter under the? 1 direction of H. Key; it is not being; worked at present. 1 Eight more claims have been added and the property now totals 15. (hm- talization is 3.000.000 shares and ap- proximately 1,000.1!» are ensued. Wm. Forest is sponsoring the renewed de- velopment. The shaft is down 300 feet with some lateral work at the 85. 100 and 300-foot horizons. The shaft fol- lows the vein to a depth of 285 feet where it dips south out of the shaft. another blind vein then comes in. Visible gold is reported to have conic out of every round of the shaft in the vein. At the 85-foot level a short cross- cut was “put out 13 feet to cut No. 4 vein which showed a four-foot width. At the loo-foot mark about 200 feet of drifting was performed east and west along the main No. 1 vein. showing widths of two to three feet: a high grade shoot is said to exist. On the BOO-foot level. the blind vein was drift- ed on east to a diabase dike and a crosscut started north to No. 2 and 3 veins; it never reached them before work stopped. head 'fltPNSt re of the River NEW YORK. CHICAGO. BOSTON. LONDON. ENGLAND NEWFOUNDLAND. JAMAICA. CUBA. I’L'ERTO RICO. DOMINICAN REPUBLIC Coast to Coast in Canada .- east 1 will be much of followed ‘ the with Mon mucl OVER A CENTURY OF BANKING SERVICE “The BANK of NOVA SCOTIA “Three travellers were busily engag- ed one day last week in choosing some fishing tackle in one of our stores. They were debating as to which was the best kind of lure to use on the fish that haunt the waters adjacent to Kirkland Lake and they could reach no agree- ment. None of them seemed to be. sure fire. Along came a mutual friend. Said be. “Well, boys, what seems to be the trouble?" “Jimmy,” they plead- ed. “What is the best lure or bait to use around here?" Now Jimmy is a good fisherman and you know what a really good fisherman is like when he gets talking. So did they! "Balloon fishing." said Jimmy, seriously, “is the best sport there is now. Laugh if you like but if you don’t try it you‘ll be missing something real. (No pun.) It combines all the fun of trolling with- out the energy usually used and has Balloons Being Used for Fishing at Kirkland Lake Writing in The Northern News last week the “Roving Reporter" has the following to say about the sport of balloon fishing:â€" THE POSITION which this Bank holds today in the financial struc- ture of Canada is not a result of mere chance. It has been acquired by meeting the needs of its cus- tomers down through the years-â€" since 1832â€"always along the lines of sound banking practice. 1832 STOCKS BONDS GRAIN Tomato Montreal Hamilton London Sarnia Owen Sou Kirkland Lake Cobalt Timmim Not-ands North Bay Sudbury W arid-wide facilities in every department of banking OFFICES: ’osiflmz . . . G. F. Black F. O’HEARN 8: CO. E ol‘ler an unexcelled service in min- ing and industrial stocks, bonds and commodities. Memberships on leading exchanges to~ gether with our extensive private wire system reaching all principal financial markets and northern mining centres, assure rapid trans- mission of important news and a fast and reliable market service. M embers Toronto Stock Exchange Winnipeg Grain Enhange Montreal Curb Market Chicago Board of Trade Orillia News-Letter:-â€"- Never go around with a married woman unless you can go two rounds with her hus- band. P.S.â€"The air from the balloons is used after the fishing is over to inflate the size of the fish caught, and espe- cially those that get away. all the thrill of still fishing. It might even be possible to try it with a. wet or dry fly. The 'idea is this. Buy a five cent balloon and inflate it. Then use it as you would a float. In a light breeze the balloon will carry your line away from the boat and consequently your bait will be trolled through the water at a nice even pace. As it moves away all you must do is let your line out. Then when you have enough Line out. begin reeling it slowly. There you are. out in the middle of a nice lake with your anchor down. sitting in the sun trolling without moving a paddle. It’s great sport) I tell you." So the next time you see. a full grown man looking through the balloons in the 15 cent store, you may be sure he is an ardent fisherman." Phones 100- TIMMINS 1934 106 Comet Third and Pine Sh. _ 33-4 PAGE SEVEN

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