The Wingham Advance-Times, 1945-12-20, Page 9CQVFIAQWUS MACKAY LAKE •AREA.
Mdp showing location and general geology ,of mining claims.
Let 64°OQ to .041W Oncle 't-oo9 11.1QQQ o 11.1`.*:?t North
'Territories, covering Sheet N.0-76 P3
from
West
Iris Group
Pon •a Group
Jeja No*,
SALMITA NORTIIIWEST h4.1(!feit,!•211_,T...7D
ENGINEERS° AND GEOLOGIST'S REPORTS
TORONTO, ONTARIO
(September 11, 1945),
"The property (Salmita) IS underlain by rocks of both seri-
, itrie.ntary and volanic origin, lieu contact between which
strikes in a northwesterly direction tratfereitig the long axis
of the property across nine claims. The contact zone is
marked by intensive shearing, within which mineralieecl
quartz is noted to occur.
"Showing No. 1 occurs near the south end of the property.
Total width of quartz exposed, and uncovered by scraping
away the moss, is 9'0". A few shallow pop holes were
blasted into the quartz which allowed the taking of two
chip samples.
"Sample No. 628 was cut across 2'6" of blue quartz well
mineralized with arsenopyrite this assayed 0.93 oz.
Gold ($35.34).
"At a point 27'0" along the strike to the northwest, a se-
cond sample, No. 629, was chipped across 6'6" of similarly
well mineralized quartz which ran 0.27 oz. Gold ($10.05).
This section of quartz adjoins to the west of a line project-
ed from the 2'G" section sampled by No, 628, which gives
a total width of 9'0" of quartz. Rhyolite, which forms the
west wall of the quartz, is well -schisted and shows evidence
of mineralization by rusty oxidation of its surface,
OFFICIAL ASSAYS
NORAI415A, QUEBEC
(October 31, 1945)
"The writer considers i!le Salmita property an extremely
promising mining venture. For' the amount of work done
the results have been very encouraging. One vein 'has been
opened up for a length of seventy feet which averaged 0.814
oz. Au over 38.3 inches. At '$38.50 gold, this value is $31.34
per ton. Which is definitely ore grade. Both ends of the
vein are open, with excellent values at each end, and the
vein looks very strong in both places. The vein lies in a
strong shear zone which has been mapped for a distance of
four miles and has a known length of twenty-two miles and
along which gold has been found in numerous places. Eight
thousand feet south-east of the South showing is a vein on
an adjoining property that is at least seven hundred feet
long, twenty-eight feet of which channelled ,0,60 oz. An.
over a width of six feet and with visible gold showings on it
that have never been trenched. This aurifefous shear tra-
verses the Salmita property for a distance of 14,000 feet;
and the entire length of its should be investigated, The
strength and persistency of this controlling geological struc-
ture, plus the fact that vein widths are of mining width,
make the property very attractive from an economic view-
point because it opens up, not only the possibilities that
fairly large tonnages may be developed, but also that the
search for ore is confined to a well defined structure.
"In conclusion, I would like to state again that T have no
hesitation in saying that the Salmita property is one of ex-
ceptional merit, For the amount of work done, it is the
best showing I have ever examined, and is well worth the
expenditures outlined,"
RICHARD E. PARKES, M.E. W. B. AIRTH, B.Sc.
EDMONTON, ALBERTA •
(August 21, 1945)
"The main Shear outcrops for a total distance of 300 feet
andewas 25 feet in width dipping steeply under the Tundra.
Neither walls were exposed in a trench blasted into an'd
acoss'the outcrop. A cross section • of the trench East of
the outcrop showed the following: 12 feet of highly miner-
alized sheared and schisted Volcanic rocks; 8'/a feet of high- '
temperature blue Quartz well mineralized; needles of Tour-
maline disseminated throughout the Quartz. In numerous*
places across the broken face of the vein very fine visible
free gold was noticed.' The balance of the outcrop exposed
was made up of well mineralized Chlorite Schists. The
main sulphides in this Zone are Arsenopyrite and Pyrite arid
they are' known to have a, high gold content.
"After carefully examining the Salerno' Claims (Salmita)
the writer is of the opinion that the two outstanding dis-
coveries made in the main Shear Zone can be developed into
commercial orebedies. It is, therefore, recommended that
preparations be undertaken immediately to put into effect
a prospecting and drilling program to prove up these Zones.
"This property difinitely warrants the expenditure outlined
above and the writer is confident that the results of the
foregoing program will be such that the next step in devel-
opment will be the sinking of a shaft and the bringing of
this property into production."
A. F. BANFiELD,,Phd.
5, W. N, Bell, B.Sc., Telephone 107A, P.O, Box 183,
Assayer & Analytical Chemist
Haileybury, Ont., November 2nd, 1945,
HAILEYBURY ASSAY OFFICES
Certifitate of Analysis
No. 23564
We have assayed Twenty-nine samples of Rock rtecived September 27th, and submitted
by Dr. A. F, Bonfield. Toronto, with the following results:
Sample
No.
1
2
8
4
5
6
8
9
10
11
12
18
14
15
7 •01
Oz. Gold
ton
,06
.10
.49
.13
.01
.01
,18
.01
.005
.70
,96
.54
,01
.04
Or. Silver
ten
•-.
.10
,13
.08
,16
.21
,46
Sample
No.
16
17
18
19
20
21
22
23
24
25
26
27
28
.20
Oz, Gold
ton
,32
.96
.15
.53
.12
.01
.66
.06
.58
2,26
.72
.26
.88
.02
Oz. Silver
ton
—
.34
Trace
.23
.05
--
,44
— .10
.56
.15
.0
.31
8
Buy "Sithnita" Through Your Own Broker
C/Hering price imtkiect, to advance Without notice
ASSAY REPORTS ON THE SALMITA NORTHWEST PROPERTIES IN
THE 'COURAGEOUS-MacKAY LAKE AREA NORTHWEST TERRITORIES
Date Assayer
Label Sample 'Gold Oz.
No. No. per ton
Gold Value
per Ton $35
July 26, 1945 F. W, Huggins, 19913 1 ". 4,36 162,60
Assayers 19914 2 1.13 39.55
Rouyn, Quebec 19915 3, 0.24 8,40
August 17, 1945 Toronto Testing 4660 Al 1.93 67.20
Lab, Limited 4660 A2 1,46 51.10
73 Adelaide St. W. 4660 A3 9,13 319.65
August 16, 1945 Prov. Assay Office,
Dept, of Mines
17140 A4 3,70 120,50
October 6, 1945 3, C. Jensen, 444 1 0,17 0.54
Assay Office 444 2 83,00 1270.50
Botirlamaque, Quo, 444 8 0,09 3.45
Cornett & Coinpany,
73 Adelaide Street West,
Toronto I, Ontario:
Gentlemen:
I hereby purchase from you ... . .
'
shame of
SALMITA IORTHWEST MINES LIMITED (No Personal Liability) at ii0e
per Share, arid enclose herewith a total of $ in full payment of Name.
gmat
(Please Print or Write Plainly)
Address....... ........ ........ ........ .............. .............
NOW 50c PER
SHARE
12
T PA WINCFNA14 ADVANC-TINIE$
YOUR EYES NEED
ATTENTION
Our 25 :Point Scientific. Examin,
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Optometrist
Phone 118 Hariston
DOMINION BANK HELD
• ANNUM", MERINO
Canada's Debt Is Individual's Respon-
sibility'
'Postwar reconstruction problems
;fad the magnitude of Canada's debt,
-with greater effort: to maintain export
Trade, were the principal subjects of, the
address by Mr. C. H. Carlisle, Presi-
dent of the Dominion Bank, to the
shareholders at the annual meeting in
Toronto on December 12th,
There was no magic wand, said Mr.
Carlisle by which the colossal needs
world ravaged by war could be
met and a paradise instantly attained,
We had to face facts,
Referring to Canada's indebtedness,
totalling $1,238 per capita, he said:
"The liquidation of Canada's debt, the
carrying charges on the' indebtedness
,and the cost of Government in its en-
tirety, is the direct responsibility and
-obligation of each citizen or resident
of Canada. You have given the Gov-
ernment an unlimited power of attorn-
ey as to assessment and expenditure.
Therefore, you undoubtedly have a
-direct and vital interest in Government
.expenditures and in the obligations
'Government creates for you."
Production was a main source of em-
:ployment and revenue, and the en-
.avoidable excessive cost of wartime
production was reflected in our in-
debtedness. Wartime costs must be
..reduced to avoid increasing debt and
incurring inflation.
up $29,479,000, were $868,884;000 „quigk
assets, $227,070,000" equalled 80% of
public liabilities compared with 77.46%
the previous year, Cash assets, .$00,
085,000; were 1.9.78% of lighilities, In
vestments tmnileri $108,077,000, Call
and short loans tu. Canada increased
by $2,471,000, those elsewhere, at
$3,498,000,-were virtually unchanged.
Current loans in. Canada were $05,421,
000, about the sane as the previous-
year.
HOWICK COUNCIL
Wroxeter, December 5th., 1945
The Council met in the Township
Hall according to adjournment, the
members were all present, the Reeve,
D, L. Weir, in the chair.
The minutes of last regular meeting
were read and on motion of Strong
and McCallum were adopted.
Moved by Parrish and Winter that
the Clerk be hereby instructed to order
ten copies of the "Municipal Council
and Councillors in Ontario" Carried,
Moved by Farrish and McCollum'
that the Clerk be hereby instructed to
advertise for applicatiortS for the posi-
tion of Road 'Superintendent in the
Township of Howick. Duties to, com-
mence on the First day of January,
1946, salary to be at the rate of fifty
cents per hour. The Superintendent
to furnish and bear the cost of his own
transportation.' Applications to be in
the hands of the Clerk not later than
12 o'clock, noon, December 14th., 1945.
Carried,
Moved by Strong and Winter that
this Council accept the resignation of
John Montgomery as Township Road.
Superintendent, same to take effect on
the appointment of his successor, Car-
ried.
Moved by Winter and Strong that
the tender of Gibson and Smith for
the operating of the Wroxetef Rink
during the season of 1945-6 at $15.00
rental and payment of the costs of the
lighting, be accepted. Carried.
Moved "by Strong and Farrish that
the Road Superintendent be rereby au-
thorized to purchase 8000. feet of snow
fence and sufficient posts for same.
Carried.
Moved by McCallum and Farrish
that the Road accounts as approved,
be paid. Carried.
Moved by Farrish and McCallum
that the following accounts pc paid.
Leslie McLeod, refund of dog tax,
$2.00; Jacob Weitz, refund of dog tax,
$2.00; Marguerite Johnston, refund of
dog tax, $2.00; Robert Brown, 4 cords
of Cedar for Gorrie and Wroxeter
Halls, $12.00; John Dinsmore, trip to
J, Holt's, re sheep valuator, $1.75; J.
H. Crawford, legal advice, $6,50; A. H.
Erskine, 21/2 % on taxes collected,
$67.13;Stratford Relief Department,
Relief expenditures re Vivian Mann,
$17.31; Douglas Henderson, sheep
killed or injured by dogs, $14.00; Co.
Treasurer, Hospital Exp. re W. Hall
and Ellen Young, $60.75; David Rob-
inson, Servicing Street Lights, Wrox-
eter, 1945, $78.00; H. B. Collins, Reg-
istering Relief, time and Supplies,
$57.25; A. H. Erskine, purchase price
lots sold at tax sale, $139.77; J. H.
Rogers, assisting Road Auditor, $4.00;
Percy Ashton, Assessing, 1945, $200.;
Percy Ashton, Equalizing U. S. S. No.
5, and U. S. S. No. 10, $8.00; J. H.
Rogers, salary as Treas., 1945, $330.00;
5. H. Rogers, Servicing Street Lights,
Fordwich, $98.00; Isaac Gamble"; Bal-
ance salary as Clerk, 1945, $215.00;
Elmer J. Farrish, Fees and Mileage,
1945, $75.80; John Winter, Fees and
Mileage, 1945, $92.00; E. H. 'Strong,
Fees and Mileage, 1945,- $85.60; Ed-
ward McCallum, Fees and Mileage,
1945, $90.80; D. L. Weir. Fees and
Mileage, Reeve, 1945, $117.60,; M. D.
Irvin, Wreaths for 'Armstice and Stin-
son Memorial, $10.00; Relief, $67.38.
Moved by Farrish and McCallum
trat this Council do now adjourn to
meet in the Township Hall, Gorrie, on
the fifteenth day of December, or at
the call of the Reeve. Carried.
Isaac Gainble, Clerk.
Greater efforts were needed to'main-
tain exports at a volume essential for
.moderate stability and prosperity,
Our goods had to be competitive, and
there was a limit to the -loans and
;donations we could make to other
-countries to increase their purchasing
,power.
"There is a great and constant de-
pend upon Gatrernixtent to make this
'or that expenditure,, whether it is es-
',..sential or non-essential, or whether we
can afford it or not ,' he declared.
"Our present financial position neces-
sitates a rigid economy. "What we
have been 'doing, and are doing," he
'declared, " is really subsidizing idle-
ness.
"There always have been periods of
unavoidable unemployment", he con-
tinued, "They will be -recurrent. The
'only way to mitigate them is through
Government, industry and labor work-
ing for a common purpose, for a
greater economy and 'expansion of
trade. This work is not being done."
Our production is beingo-etarded or
suspended, thousands thrown out of
work, while domestic markets were
depleted of-merclrandise and industry
deprived of equipment and replace-
.ments.- "All wars are destructive", he
said, including industrial wars. The
time has arrived when peace -"should
,displace war."
Mr. Robert Rae; the !General Man-
.ager, in analyzing the financial state-
ment for the year, pointed to assets
exceeding" $300,060,000, profits of.
-41,080,000 after. Doininion taxes of
V42,000, and, $93,000 added to profit
:and loss account compared with $105;
.000 the previous year. Public deposits
OntdriOprofits alitnost as
Mitch from tourist busi,
teases from gold mining.
It's ttp to us .to keep this
business growing.
"Lef't mak° suet" they
In one year, 73,000 angling permits
were bought-by our friends from the
States. And we have ,always done
our part to see that they enjoyed
themselves. When they return, let's
give them a•great welcome!
Its 11/1111WOODY'S liUSIN11105 . cadg& ieewireost,
Every tourist dollar is
shared. . 1. Hotels;
2.Stores;3.Restattrants;
4. Tales, ere,; 6, Amuse.
meats; 6. Garages.
atways toine beide
The infOrmatlgn hereon has been <Atoned from
GtotogIsts, Engineer's and Prospectors end
os beittoed to.be rehatoirr,but ho not guarantee!! tte.
t, VertY CL. Group T P.R Group
urnGrou Laskin
Lake
Tor Group
MS-N Gro
J.L:S Grou
August Lake I, Sot te et a
D B Group
- Mad Grou
WC P Group
Jeja Group
MACKAY LAKE
Steve '—
Grou
R.E.PGrou
• 1
Max Grou
Granite- qranodiorite & allied rocks
Gabbro dyke
Greywacke-slate Sediments
Andesite- tufts Voloanics
E.= Faults & Shear ,Zones
Geological boundary assumed
Etkers
LEGEND
•••••••••
CORNELL CO COMPANY
71"burs December 200094$
73. ,AtIelaide Street West* Toronto; Canada (FORIVIERLY 68 KING STREET EAST)
Phone — ELDIn 8207
IN flitt1/000i14 ilf JOON' tAlkft