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HomeMy WebLinkAboutThe Huron Expositor, 1926-11-05, Page 2+FFA ,.M. YV LIMITED (No Personal Liability) Capitalization 250,000 Shares—No Par Value— OTE THE LOCATION OF OUR PROPERTIES AND THEIR PROXIMITY TO THE IMPORTANT MINES. PROPERTIES OF F?OUYN BOISCHATEL DEVELOPMENT CO. LTD. ARE INDICATED IN SOLID BLACK - A controlling interest in the shares of this Company is now under option to one of the largest Mining Companies in the United States. CON SOLI DATED MINING Q,SMELTING COY. AMULET "A" CONIAGAS CON I A GAS VICKERS 11MMINS A. controlling. interest in the shares of this Company is 'nowunder option to one of the largest Mining Companies lit the • United' States. .44 CON IACAS AMULET VICTORIA SYN of CATE The Company's properties are located about three- quarters of a mile west of the eastern boundary and a lit- tle north of the east and west centre line of Boischatel Township, Quebec. They comprise a total area of approximately 1640 acres and are situated on the main break extending westward from the Noranda and are adjacent to such well known properties as Amulet, Huronia Belt Co., Victoria Syndi- cate (Mond Nickel Interests), Miller Boischatel, Consoli- dated Mining and Smelting Co., Alderson McKay, and Tonopah Mining Co., all of which are located on this same break westward through Boischatel Township. A dip needle and magnetometer survey was recently made by the Company's Consulting Mining Geologist and Engineer, Mr. Charles Spearman, B.Sc., M.A., of the main group of approximately six hundred acres with the result that three large ore bodies on this group were disclosed. This survey is being followed by trenching and surface work in preparation for diamond drilling and a further intensive development campaign. From present indica- tions the prospects are exceedingly bright for the Com- pany's properties proving of immense value. The En- gineer's report is on file at our Office. ' The main road passes through the centre of this prop- erty which will. greatly facilitate transportation of ma- chinery, etc. The power transmission line being erected by the Northern Ontario Power 'Co. and the projected, railway line of the T. & N. 0. Railway from the Ontario boundary into Rouyn also crosses the property. Work is going steadily ahead on the three properties by a large erew of men and assays show value at 15.61 per cent. copper, an exceedingly gratifying result., The fol- lowing extract from the Financial Post is of interest: -- "Favorable results are being obtained Yon the property of Rouyn Boischatel Development • Co, in Boischatel Tp. Trenching and stripping has disclosed a large mineralized zone and practically throughout. the length of these trenches good copper mineralization occurs, while two areas of almost massive chalcopyrite were found. Sample assays show -15.61 p'br cent. copper, with satisfactory gold values and traces of silver. The engineer reports that the conditions for deposition are favorable for large ore bodies in this zone." The mineral resources of Northwestern Quebec have already created many fortunes for those who had cour- age to get in on the ground floor. The original holders of the syndicate developing Noranda saw their $100 par value stock clim i to over $1800 per share, then to be split $100 for one with the new stock selling over $19.00 per share or on the basis of over $1900 for their old stock, a profit of $1800 for every $Y00 invested. Similar instances could •be cited regarding many other properties, such as Waite Montgomery, Towagmac, Al- derson MacKay, etc. 'We believe that this Company hav- ing an unusually large acreage and being well located offers an equal chance for quick profit. Fill in the coupon below and return it at once and re- ceive complete detail&of this offerink You will be under no obligation to purchase and you owe it to. yourself to at least investi te. ar I4, ip Kindly dnie.::I' iaejfis,` AI"- W6