44 REPORT OF THE MINISTER OF MINES, 1929. acquisition of the property by the Britannia Company, combined with the operation by that company of the Toric, augurs well for a possible appreciable scale continuous operation, pro- viding the silver market threatens no permanent set-back. The Britannia Company plans to explore these properties intensively during the 1930 season. As the options on the Dolly Varden and Wolf were negotiated late in the season, extensive exploration was not possible during 1929. Other than sampling, no actiye work was done on the Dolly Varden. On the Wolf group 2,320 feet of diamond-drilling was completed by the Britannia Company in order to check results obtained in the drilling of former years. This company was formed in November for the purpose of developing the Torbrit Mining Toric group holdings of the Toric Mines Company, Limited. The controlling Co., Ltd. interest in this company is held by the Britannia Mining and Smelting Com- pany, Limited, with an option for the balance of the shares. The optioning of the Toric property by the Britannia Company early in the 1929 season is the most promising development in the history of the Alice Arm camp. Shortly after commencing exploratory opera- tions on the property the Britannia Company strengthened its position in the area by staking a large number of claims in contiguous territory. The property is situated on the east side of the Kitsault river, about 1 mile beyond Camp 8 terminus of the Dolly Varden Railway, and about 17 miles from Alice Arm. With the assistance of the Department of Mines and the Department of Public Works a good road has been provided from the railway to the camp. The mineral-deposit is a coarse “graphic” intergrowth, in places showing brecciated structure, of barite, quartz, jasper, hematite, and ankerite. The metallic mineralization is fine-grained pyrite, galena, grey copper, with occasionally some ruby and native silver. Rhodonite and rhodochrosite are sometimes distinguishable in the gangue. A development of high-grade ore in places seems to favour the hanging-wall of the deposit. At the time of examination a width of over 60 feet had been developed on the deposit under- ground, but the walls are irregular and not clearly defined. The vein strikes N. 80° B. and dips about 70° north. he exposures on the surface above the tunnel are only about 5 to 6 feet wide. At the edge of the Kitsault river is an exposure 12 feet wide, heavily pyritized. The wall-rock at this exposure is distinctly tuffaceous. The definite correlation of the surface exposures with that in the underground workings had not been determined at the time of examination. Generally the deposit is indicative of an appreciable tonnage low-grade milling operation, the profit of which is dependent on the silver- market outlook. The Britannia Company has energetically carried on exploration throughout the summer and winter months. The following information regarding the year’s work on the Toric has been kindly furnished by C. P. Browning, general manager of the Britannia Mining and Smelting Company: “Some lateral extensions were made in the main level of this property.