Hargis and Godbe: report on Mindanao Mother Lode

Media

Part of The American Chamber of Commerce Journal

Title
Hargis and Godbe: report on Mindanao Mother Lode
Language
English
Year
1936
Rights
In Copyright - Educational Use Permitted
Fulltext
March, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 17 R. L. Parker, left, and Field Manager L. J. Godbe. Parker is uith a Manila engineering company. Hargis and Godbe Report on Mindanao Mother Lode w Lionel D. Hargis reports from Cebu that rapid progress has been made in the development of the Surigao claims of the Mindanao Mother Lode Syndicate, of which, he is the head. He submits the report of L. J. Godbe, engineer, covering January and February. Contacts of the vein on the 100-foot level show consistent vein width and values; development work to date shows the vein to be at least 500 feet long and probable ore above the 100-foot level, 30,000 tons. He asserts that the project has passed the experimental stage, and that by April the vein will be reached at the 215-foot level. This is expected to add materially to the body of probable paying ore. Tabon-Tabon is the name of the vein. Godbe says that at the point of dis­ covery well defined andesite occurs, with fine stringers of quartz, about 10 feet wide. Samples at this discovery point he reports as running 1.66 ounces of gold; check samples 0.68 and 0.56 ounces. Eight trenches were laid out, and in 4 of these trenches the vein was uncovered and samples assayed 1 to 4 ounces per ton. Three crosscuts were then started; Nos. 1 and 2 at the 100-foot level, No. 3 to cut the vein at depth of about 40 feet, portal of No. 3 a vein 1 foot wide averaging 0.75 ounce of gold was encountered, Godbe reports; and 12 feet farther in, another vein 2-1/2 feet wide averaging 0.42 ounce, while at 53 feet an apparent vein 5-1/2 feet wide was cut, averaging 1.04 ounce’s. Godbe adds that here there were pronounced indications of the big vein being in the faulted area; drifting will be necessary to determine regularity. Tunnel No. 13 was then driven on the opposite slope of the ridge, to cut Tunnel No. 3 at an angle. Forty-five feet from the portal, a 5-1/2-foot well defined vein was cut, the report continues, a brace of samples showing assay values of 1.13 and 1.64 ounces; and the same vein picked up in Tunnel No. 3 showed values of 0.58 ounce over a width of 5-1/2 feet. No drifting was done here, Tunnel No. 1 at the 100-foot level being almost directly below. Tunnel No. 1 at the distance of 105 feet in encountered the side, Lionel D. Hargi' Tunnel 16, Portal and at with the mine boss. Ten feet from the faults showing that the main vein turned to an almost due south bearing. Godbe says he dropped back to station 93, to drive in 2 directions to cut the vein; and the west cut picked up the vein at 171 feet from the main portal, where the vein was well defined with pronounced hang­ ing wall and footwall of massive oxidiz­ ed quartz, and in between, fine quartz stringers in the andesite. It seems to us that these details of Godbe’s prospecting of this property give some insight into the possible general nature of the mineralized Su­ rigao region. At least they may in­ dicate the type of prospecting to be done. At the point just spoken of, Godbe says the vein is 22 feet wide and assays give an average value of $23 a ton, current gold price. He is drifting parallel to the footwall, to cut the vein at intervals of 25 to 30 feet. His report continues: “In the East cut the vein was cut at 150 feet from the portal and was found to have a total width of 12 feet with an average assay value of $43. A drift south is now being driven and at present the vein is being cut 40 feet south and the vein at this section has definite bearing of S. 10 degree E. “From the east cut of tunnel it is plannedtocontinue the cut with the idea of encounter­ ing the 3 veins in tunnel 3 and drift­ ing along these veins at the 100foot level. ► Tunnel 16, on the opposite side of the ridge and approximately at the 100 ft. level cut a well defined vein 5 feet wide Portal of the Main Tumul. (Pleasehim to page 4$) March, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 43 REAL ESTATE By P. D. CARMAN Addition Hills The following are tlie totals for the first two months of each of the last live years: 1932 . .. Pl,251,-152 1933.. . 1,692,048 1934.. . 2,531,342 1935.. . 2,276,947 1936.. . 2,352,312 ■S«?cs City of .Manila Sta. Cruz........ Sampaloc........ Tondo............. Binondo.......... San Nicolas. . Ermita............ Malate............ Paco................ Sta. Ana.......... Quiapo............ San Miguel. . . Intramuros.. . . Pandacan........ Sta. Mesa....... San Felipe Neri 1* 285,463 P 645,571 82,268 18,000 14,188 103,050 94.814 39,140 33.814 19,238 239,288 63,261 81,084 189,402 48,700 21,000 67,869 19,048 88,035 128,619 ---- 32,100 1,130 1,900 34,700 630 1’1,338,076 1’1,014,236 Copra (('nnt in lied from page 34) Stocks on hand in Manila and Cebu— Tons Beginning of Month....................... 9,439 End of Month................................. 8,881 Desiccated Coconvt: The desiccated market was featureless during the month. Pri­ ces in New York continued pegged at 7-3 4 cents while shipments were slightly smaller than in January. Factories found coconuts rather scarce and high priced. The entrance of new small mills into the business which commenced last year continued but small dealers so far have not shown any disposition to under-cut prices to find a market for their products. Shipments for the month total 2155 tons. CiEXI-kai.: As usual future prospects for coconut products are most uncertain. Many things can happen which will cither improve or harm our prospects. Buyers are adopting a hand to mouth policy with regards to coconut oil, while' buying far more freely other fats and oils not so subject to adverse legislation. There is considerable sentiment in Washington toward modifying the excise tax, but it is extremely unlikely that anything constructive will be done, particularly unless the Philippine Government takes a definite stand favoring constructive legislation along these lines. Prospects for the coming few months indicate iafiuctuating market.with a long range probab­ ility that the second half year with large* offerings of copra available may prove disappointing to producers in comparison with 1935, although substantially better than two years ago. All this, however,is largely a matter of speculation. Hargis and Godbe (Continued from vage 17) with an assay value of 0 44 oz. at 161 feet from the portal and at 210 feet encountereel the* main vein. The vein at this point is 4 feet in width with an average* assay of 2.02 oz. or 870 per ton. Drifting S. E. at this point shows the vein tei have; a bearing of N. 32 degree W with a moie northerly bearing than the general bearing e>f N. 60 degree* W. A connection with the* west elrift of tunnel 1 is about to be made which will insure: geiexl ventilation and facilitate* the* weak in this section. “Tunnel 2 at the* extreme* northwest end of the* rielge* has proven that Tunnel 2 has not been drivein far enough north to have* cncountercel the* main vein, and a distance* e>f not more than 50 fee*t should encounter the* main vein. At the* prevent time, the elrift being driven east is in a well defined vein and the* assay values are now running between 1’7 and 88. As this vein approaches the* main vein the: values have: shown a steady increase*. This work is starting imme­ diately and within 10 days should prove; the* location e>f the* vein at this point. “The* main Tunnel at the* 200 level is now in a distance; e>f 365 feet.” Hoover and Coconut Oil (Continued from page 33) re*minde*el Chester Davis, quondam administrator of AAA, that the act existeel, Roeisevclt revamp­ eel his farm policy without delay. What the supreme* court deprived him of in invalidating the* AAA, he seems te> have in this act in much more* substantial form; anel Time says the act is brief, covering but a single* page*. This being spring, and an ejection year in America, the act will be* heard from this summer. It will prob­ ably influence the* planting of hundreds oi' thousands of acres; more particularly in the* south, where* superabundant ce>tton togetheiwith new cotton-picking machines disemploy colored labor that it would hardly be well te> have* fleiat northward, will intensive* diversifica­ tion be* an aim of administration. 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