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ECONOMIC CONSIDERATIONS
Extent of Deposit

__ The outcrops of magnetite, and magnetite mixed with rock, occur at
intervals through a northwest-southeast distance of 700 feet, and are
separated from each other by areas of drift from 20 to 280 feet in width.
The outcrops occur throughout a vertical range of 150 feet. Little may
be said of the extent of the mineralization beyond these limits, since the
country is covered by glacial drift and timber; but in estimating the
possible extent of the various bodies of magnetite examined, the following
topographic fact was made use of, namely, that where solid bodies of
magnetite were cut by the present topography, they were found to stand
somewhat in relief above the general slope, as a hummock or a bump.
Such relief features were not observed along the continuation of the line
of magnetite exposures in this claim. However, it is not fair to assume
that all the individual or separated bodies of magnetite on the claim
should extend upwards to the surface.

Development

One tunnel, 125 feet long, with a side drift 50 feet long from it, three
open-cuts, and several strippings are all the development seen on the
claim at the present time.

Analyses

The following analyses seem to give a fair idea of the grade of the
deposit:

— A B Cc D E FE G H J
One eee ect 35°33 53-49 24-77 37-64 26-97 48-4 48- 56:6 55-6
Phosphorus. 0-020/ 0-006) 0-031) 0-020) 0-020) trace : nil | trace
Manganese 0-20
Silica... 19-86
Insoluble. . 8-98
Sulphur... Pe 0-84
Titanium.......... trace
|

A. Winchell, H. V.: private report, 1902, analysis of average sample from the deposit.

B. Ditto, face of tunnel, 100 feet from mouth, all in one.

GC. Ditto, sides of tunnel, 70 feet from mouth.

D. Ditto, sides of tunnel, 30 feet into drift.

E. Ditto, sides of tunnel 70 feet into drift. :

F. Carmichael, H.: Bibliography, No. 6, sample not described.

G. Lindeman, E.: Bibliography, No. 16, average sample of ore on dump.

H. Brewer, W. M.: Bib iography, No. 21, average sample across the face. 5

J. Ditto, average sample taken along 28 fect on the left side of the branch adit.

These samples, taken by both government and private mining engineers,
reveal a wide variation in the grade of the ore from a very rocky, impure
grade to fairly solid magnetite. Very little of the material represented
by the above analyses could be shipped without beneficiation.

Tonnage Estimate

It is impossible with the available data to make any estimate of
reserves, proved, probable, or possible.