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By L. D. Ellison

The ventilation of a bituminous coal mine by means t of a Forced and, or, Exhaust system of ventilation is certainly not new to the mining industry, however, we know from experience that the ventilation of every coal mine presents a variety of problems which are in some instances approached by different methods or means, As in every such problem, there is some difference of opinion as to the advantages and disadvantages of s Exhaust versus Forced ventilation, particularly with regard to safe and effective ventilation of an active pillar area in a gaseous coal mine. We at Island Creek, certainly concede that it is possible to safely ventilate a coal mine by means of Forced ventilation, However, following many years experience in operating a coal mine in an extremely gaseous coal seam, we prefer using an Exhaust system, that is, to reduce the inside mine pressure to a minus atmospheric pressure by means of a mechanically operated fan. This method assures that the return air moving through established airways toward the fan will continue to move in that same direction for a limited time should the fan stop for any reason, also assuring that in the event of a large area fall, the air from the abandoned workings will move directly to the suction side or to the return airways.

Jan 1, 1960

By A. L. McAllister

"MASSIVE sulphide deposits are found in two areas of New Brunswick, the St. Stephen area and the Bathurst-Newcastle area. In both, the geology in the immediate vicinity of the sulphide bodies is largely inferred from drilling results as outcrop is not plentiful and is, in fact, almost lacking in most places. With few exceptions these deposits have not been explored by underground methods. Consequently much of the. detail on the geology will only become known over a period of years as economic conditions make mining feasible.Much of the information contained in this paper has been supplied directly by company geologists. As a result of the number of contributors, some confusion of nomenclature bas to be anticipated. Cross-sections and plans of the individual deposits are, in most cases, as supplied by the companies concerned. Most of the interpretations are the responsibility of the author."

Jan 1, 1960

By H. Conrad

The strain hardening associated with the creep of magnesium single crystals at room temperatu.Je was investigated by shear tests in which the direction of stressing was reversed a number of times after creep in a <100> direction. The strain hardening was strongly anisotropic; the largest amount occurring in the direction of flow and the least 180 deg to this. The time law for creep changed from a parabolic type to logarithmic for the first and subsequent reversals of stress. For a given stress the creep strain decreased significantly for the first and second reversals and then only slightly for subsequent reversals. The logarithmic creep constant a changed in a similar manner. A linear relationship was observed between the creep strain for a given reversal and the stress. The slope for the third reversal yielded a strain hardening coefficient 12 to 16 times greater than that observed for unidirectional flow. Al-though no recovery was observed upon resting at room temperature, the hardening resulting from stress reversals could be completely removed by heating to 450" C. PREVIOUS work1.&apos; indicated that the creep rate of magnesium single crystals tested in the temperature range of 78" to 364°K decreased with time. This was attributed to an increase in internal stress resulting from an accumulation of dislocations at internal obstacles. The object of the present investigation was to further evaluate the nature of this hardening by conducting tests in which the direction of stressing is changed after previous creep in shear in a given slip direction. Previous to 1950 three investigations indicated that a Bauschinger effect3 occurred for single crystals as well as polycrystals brass in tension compression,

Jan 1, 1960

By W. C. Lacy

The last crop of graduates from our colleges and universities who sought employment in the mineral industries found that they needed to hustle to find a job. There was no longer a list of waiting employers to choose from. Some of them became discouraged and drifted into other fields; many are still looking for employment. Word has gotten around that there are no jobs available in the mineral industries, and enrollment in the various colleges of mines and mineral industries has started to drop. Even established professional men are finding themselves suddenly out of work because of unstable metal prices and rising costs. All these people-students beginning to search for a career, young engineers not yet established-face the same problem: "What is the future of the mineral industries, and what type of training will best qualify the scientist or engineer for this changing field?" This question was posed to a number of leaders in different phases of the industry. Their comments are summarized as a guide to those considering a career in the finding, extraction, or beneficiation of mineral products.

Jan 1, 1960

By R. A. Hemstock

"Simple classification systems are now being used which will describe adequately the surface vegetation, the topography and the peat for any muskeg condition. Good progress is being made in determining some of the mechanical properties of muskeg and it is apparent that the science of soil mechanics will apply largely to these studies. Correlation is also indicated between shear strength as determined by the shear vane tester and vehicle performance. Several tracked vehicles are now available which perform well in muskeg and advances in this field have come rapidly in the past few years. Testing is under way on the largest of all muskeg vehicles -the thirty-five ton Musk Ox. This vehicle will fill the last gap for the oil industry and will make possible the movement of large drilling rigs at any season of the year."

Jan 1, 1960

By Robert Stefanko

The most perplexing problem that has confronted mining engineers since the dawn of mining has been strata control. For the purposes of this paper, strata control will be defined as control of ground in the immediate area surrounding the, mine opening. To prevent movement of the surrounding strata into underground mine openings, miners have traditionally relied upon some type of artificial supports placed within the openings and located in a manner determined by trial and error from previous experience. Without the means to measure changes of stress in the supports and within the mine structure itself, an evaluation of the efficiency of the supports and mining system was impossible. Strata control thus remained an art with very little application of science. During recent years a revolution has occurred in mining. The modern mining engineer is contented no longer-with trial and error methods but is utilizing all the technological information at his command to obtain a solution to this age old problem. However, serious problems have arisen due to the lack of certain basic knowledge in three important areas: 1, The original stress distribution within the earth strata prior to mining. 2, Redistribution and concentration of the original stresses with mining activity. 3. The properties of rock that are significant in failure and its prevention.

Jan 1, 1960

By Robert J. Russell

The importance of grinding as a unit operation in all industry has caused much effort to be expended toward improving the facility with which grinding can be done. Endeavor has continued nearly 100 years to formulate laws governing crushing and grinding. This has not been without controversy. However, grinding is an experimental science and our useful knowledge originates in experience. The recorded experience is grinding history. Today, many types of size reduction equipment, each with variations, are available to industry. Frequently, more than one type of grinding equipment will meet a requirement of grinding. However, an economic evaluation of installation and operating costs generally indicates a preferred type. The selection of grinding equipment requires&apos; a consideration of the purpose in grinding, the characteristics of the material to be ground, equipment available for grinding, and the manner in which it can be applied best.

Jan 1, 1960

By R. L. Stanton

"The present contribution is complementary with a preceding one on the field association of the conform-able ""pyritic"" deposits. It considers the more important features of their mineralogical constitution and their microtextures, re-examines the present interpretations of these, and of-fer-some alternative explanations. The term ""pyritic"" for these de-posits is m many cases a misnomer, as two quite distinct ore types are inuolve. One is a banded pyritic sphalerite-galena-chalcopyrite ore (for which the term '•pyritic"" is in-deed quite suitable), while the other is non-banded and is composed essentially of pyrrhotite and chalcopyrite. In addition to these constitutional differences, each is distinctive in general appearance and texture. The occurrence of two such consistent but clearly distinguishable ore types is attributed -rather than to difference in source material and pressure-temperature conditions of deposition -to the contribution of similar source material to dissimilarly oxygenated environments of sedimentation. Textures in the banded ores generally thought to be indicative of replacement or of high-temperature exsolution are explained by slow, law-temperature segregation in situ during compaction, folding, and regional metamorphism."

Jan 1, 1960

By D. Bienstock

Using a nitrided fused-iron catalyst, the Bureau of Mines investigated the Fischer-Tropsch reaction in the oil-circulation process. The nitrided iron was quite stable and permitted the longest run obtained thus far in the oil-circulation process without the need for reactivating the catalyst--3,700 hours of operation. The effects of several operating variables--temperature, pressure, gas-recycle ratio, space velocity, synthesis-gas composition, and synthesis with and without reflux of oil to the reactor--on the production of oxygenates were studied. The importance of removing reflux oil and of high gas recycle in increasing the oxygenate content was shown. A finished gasoline containing 28 percent by weight alcohols was produced. The research octane number (RON) was 92.9 clear, increasing to 98.5 with the addition of one milliliter of tetraethyl lead (TEL). INTRODUCTION The Federal Bureau of Mines has been engaged since 1944 in a research and development program on the synthesis of gasoline from coal. Gasification of coal with steam and oxygen to yield a "synthesis gas"--a mixture of carbon monoxide and hydrogen--is being investigated at Morgantown, W. Va., and the synthesis of gasoline by catalytically reacting carbon monoxide and hydrogen over iron by the Fischer-Tropsch reaction is being investigated at Bruceton, Pa.

Jan 1, 1960

By M. S. Badollet, N. W. Edgerton

"A study of the physical properties of long grades of asbestos fibers imported into the United States during the past eight years has disclosed information that will contribute materially to effective selection and use of fibers for electrical products. The study embraced fiber lengths, volume resistivity under three different conditions, total iron by chemical analysis, magnetic rating, conductivity of an aqueous ex-tract and its sodium chloride equivalent.The fibers examined included chrysotiles from Rhodesia, British Columbia, and Barberton area; marlime from Bechuanaland and Province of Quebec; amosite and crocidolites from Africa and Australia; and anthophyllites from Mozambique and from Georgia in the United States. Volume resistivity values provide a relative basis for estimating the electrical performance of end products; magnetic rating -an estimate of the quantity of iron compounds present in excess of those in the asbestos structure; conductivity of an aqueous extract; and an estimate of the ionizable impurities in fibers.Tests of these factors yield in-formation, not heretofore generally known, which may serve as a guide in the evaluation of asbestos fibers for electrical products."

Jan 1, 1960

By T. C. Atchison, W. I. Duvall

Over the past ten years a series of investigations have been conducted to determine some of the pnysical processes involved in breaking rock with confined concentrated charges. Detailed discussions of many of these investigations have been published elsewhere.1-6 Laboratory experiments made by other investigators using Hopkinson pressure-bar techniques have shown that solid materials are fractured in tension by the reflection of an incident compressive stress pulse at a free surface.7-12 In these tests a small charge of explosive is placed in contact with one end of a bar. Detonation produces some plastic flow and crushing of the bar near the charge and generates a compressive stress pulse that travels along the length of the bar. At the free end of the bar the compressive stress pulse is reflected back into the bar as a tensile stress pulse. If the tensile strength of the bar is exceeded during this reflection process, a tensile fracture normal to the length of the bar is produced, and the broken end of the bar moves forward with a constant velocity equal to the average particle velocity trapped in the broken fragment. The new surface formed by the fracture becomes the new free end of the bar that reflects the remaining portion of the incident compressive stress pulse. This process is repeated any number of times until all of the incident stress pulse is reflected. Hino has demonstrated this kind of breakage for three rock types—marble, granite, and sandstone." He has defined a blastibility coefficient, B, as the ratio of compressive strength, C, to tensile strength, T, thus: C The quantity B is the maximum number of slabs that can be produced by reflection breakage. Normally fewer slabs are produced because of loss of energy as the stress pulse travels through the rock. Fig. 1 illustrates reflection-type fracture for a triangular compressive stress pulse. The number of slabs produced by the reflection breakage process is the first whole number less than the ratio of the peak stress of the incident pulse to the tensile breaking stress of the solid. Thus the number of slabs is given by the thickness of each slab is given by and the total length of rock broken is given by N = number of slabs S - peak stress in incident pulse T = tensile strength of the rock F = fall length of incident stress pulse h = thickness of each slab D = total length of rock broken During the reflection process the particle velocity at the free surface is twice the particle velocity in the incident stress pulse. Thus the velocity with which the broken fragments move forward is given by where v, = velocity of broken fragment, and v = average particle velocity contained in that portion of the incident pulse trapped in the broken fragment. Results of these laboratory experiments cannot be applied directly to rock blasting where the explosive charge is placed in a drillhole. In laboratory tests the charge is unconfined and in contact with the rock in only one direction. In a drillhole additional confinement is offered by the rock surrounding the charge and by the stemming placed above it. This additional confinement may be enough to allow the explosive gases to do additional work on the rock during their expansion. Other writers have discussed possible effects of gas expansion&apos;on rock breakage.13-10 However, very few experimental data are available to determine to what extent expansion of the gases is responsible for rock fragmentation. The USBM has studied the physical processes involved in breaking rock with confined concentrated charges by using simple crater tests breaking to one free surface. Crater tests have been performed in four rock types: granite, sandstone, marlstone, and chalk. Table I gives some physical properties of these rocks. Fig. 2 shows plan and section drawings of two typical crater tests and illustrates some of the test variables measured. For these tests the charge was placed at the bottom of the drillhole and primed with an electric cap. The hole was stemmed to the collar with sand and the charge detonated. Size and shape of the crater were measured after it was cleared of broken rock. As a given charge size was buried deeper in a drillhole, the crater depth usually was equal to or

Jan 1, 1960

By R. Hendricks

"IT IS a pleasure for me to appear before yon today and to have this opportunity of reviewing with you recent developments in the world lead and zinc industry. To provide essential background material, I propose reviewing the period from 1950 to the present, a period which has undoubtedly been the most hectic in the long history of the industry.In capsule form, the pattern for this period is one of repeating cycles of boom and recession, of failure through research to develop adequately new markets and new uses for lead and zinc, of surplus production and growing inventories, of price instability, and lastly, of an abdication in some sections of the industry of responsibility for control of its own destiny by turning to governments for support in time of stress. This is not a pretty picture but, as the 1950 decade ends, there are signs of a new maturity and of a growing determination on the part of the industry to put its own house in order.The difficulty suffered by the world's lead and zinc industry in the current decade originated with the support extended to it in 1950 by the U.S. Government at the time of the Korean conflict. Recalling the shortage of base metals in World War II and fearing that the Korean conflict might develop into World War III, the U.S. Government in 1950 adopted a policy to encourage the production of lead and zinc, both domestically and abroad by means of development loans and long-term floor priced purclu.se contracts."

Jan 1, 1960

By H. B. Farnam

"THE IRON ORE Company of Canada has been using do-it-yourself type explosives for three years. During the last 12 months we have used over 10 million pounds of ammonium nitrate-fuel oil explosives and either purchased or formulated one million pounds of slurried explosives.W e have been moving approximately one million cubic yards of stripping and ore per month and we expect our production rate to in-crease. Eighty per cent of our strip-ping and ore is soft enough to be blasted successfully with ammonium nitrate-fuel oil mixtures. Twenty per cent of our material is extremely hard and requires an explosive having greater strength than an AN-fuel oil mixture.W e had been using canned am-monium nitrate base explosives and TNT pellets to give maximum bottom loading density to fracture hard rock. As AN -fuel oil became widely used, it was apparent that other types of explosives could be formulated to fit our blasting requirements. Dr. M. A. Cook of the University of Utah was consulted regarding new explosives and together we developed the blasting slurries.Figure 1 shows a general view of one of our hard rock pits. The foot wall is on the right-hand side and this material is called iron forma-Figure 1.-General view of hard rock pitstion by our Company but is called 'Taconite by the operators on the Mesabi Range. This material runs 35 to 45 per cent iron and many pieces are hard enough to scratch glass. The formation is tilted at an angle of 55 degrees as can be seen in Figure 3.The bedding planes of this rock are about 24 to 36 inches apart and if the material is not well broken or fragmented, large chunks or slabs must be handled by the shovels which reduces shovel capacity and efficiency and increases maintenance costs."

Jan 1, 1960

By W. R. Hibbard Jr., R. W. Guard, N. G. Ainslie

Evidence is presented that copper-base solid solutions of different solutes having equal grain sizes, no preferred crystal-lographic orientation, equal electron-atom ratios, and, within experimental scatter, identical initial yield strengths, need not have identical stress-strain curves at strains larger than about 0.04. The stress-strain behavior is rationalized in terms of the proposed Suzuki chemical interaction between solute atoms and extended dislocations using what is thought to be a somewhat different means of representing stress-strain data. ALTHOUGH the effect: of alloying element upon the strength characteristics of sold solutions is a subject which has received considerable attention in the past, the exact relationships between the common deformation parameters and certain common variables are not really known in some cases. As a result some of the experiments reported in the literature in which these variables are inadequately controlled lose some of their persuasion regarding underlying principles. Nonetheless, facts are known which bear pointing up: When the true stress, a, and true plastic strain, E, of tensile deformatic~n are plotted on a double logarithmic coordinate system, one may observe a straight-line relationship at strains greater than 0.02. The form of the curve in the linear region is given by a = Ken! where a represents true stress, E, true strain, and K and tn, constants. If the relationship holds, K and m define the flow characteristics of the material being tested. m and K, however, may vary with other parameters. Hollomon found that in a-brass, m is influenced by grain size. French and HibbardZ found in alloys of copper that inverse relationships existed between m and 1) the solute concentration for a given solute, 2) the 0.01 yield strength, and 3) the constantK. Lacy and Gensamer3 observed (du/d~) (= U/Em) to increase with increasing values of K in systems of alloyed ferrites (although with considerable scatter of data which may be attributed to uncontrolled grain size). Brick, Martin, and Angier* deduced in copper-base alloys a straight-line relationship (with some scatter) between the change in the Dph number due to solid-solution strengthening and the change in the Dph number due to work hardening which suggested that copper-base alloys having equal yield strengths might have identical stress-strain curves in the plastic flow regions. French and HibbardZ concluded that the yield strength of copper-base solid solutions is the proper basis for comparing the effects of solute elements. Also, Allen, Schofield, and ate&apos; showed that, within their experimental variation, copper-base alloys of zinc, gallium, germanium, and arsenic having the same electron-atom ratios have the same true-stress true-plastic strain curves. Dorn, Pietrokowsky, and ~ietz&apos; also found that with aluminum-base alloys the stress-strain curves in the flow regions are approximately the same if "equivalent" concentrations of alloying elements are used. Solute valence and lattice parameter distortion were the parameters used to determine equivalency. The present report describes an investigation in which an attempt was made to obtain copper-base solid-solution alloys of four solute elements having within close tolerances equal grain sizes and yield strengths, and to see if the level of yield strength does indeed define the flow curve regardless of solute type. During analysis of the data certain unexpected features of the stress-strain curves became apparent which gave rise to some speculation and are discussed at length in the paragraphs that follow. EXPERIMENTAL PROCEDURES Alloy Preparation—Using the data of French and HibbardZ as a first approximation, four different binary copper-base alioys were designed so as to have the same yield strength. In addition, other alloys were prepared in which the solute aoncentrations varied slightly from those calculated above so as to span a range of yield strengths, see Table L The yield strengths of all alloys prepared except the copper-tin alloys were subsequently found to Lie fairly close to one another. The copper used in the alloys was produced by the American Smelting and Refining Co. and was of very high purity (99.999 pct). The alloy additions and their initial purities are as follows:

Jan 1, 1960

By J. W. Thomson, H. J. Lloyd, R. J. Taylor

"THE HOLLINGER MINE has been producing gold and by-product silver almost continuously for forty-eight years. The value of current production is $10,000,000 annually from one million tons of ore. Its management •has, particularly over the past decade, increasingly . concerned itself with the problem of profitable operation in a time of steadily rising costs and a fixed price of gold. At one period in the life of the mine, before World War II, production resulted in yearly profit margins that were stable and relatively thick. In winning gold from a series of inconsistent vertical ore lenses, operating management was much better protected than it is today against a general rise in cost or dip in grade of ore. The tissue-like thinness of present-day margins demand more careful handling. A sharp rise in costs, if protracted, could easily rip the tissue to shreds and close down the business. The counter-measure of raising grade and gutting the mine would bring on the end perhaps more rapidly, without having contributed much to the recovery of our national re-sources, nor to community welfare. The alternative is to keep costs under control."

Jan 1, 1960

By Harrison A. Schmitt

During .the past five decades or so we have passed from a time when it was difficult to point to a mine or an ore body and verify that it had been discovered by geological methods, through the. Twenties when the common saying was, "Who ever heard of a mine found by a geologist?", to recent decades when hundreds of mines and ore bodies are acknowledged geological discoveries and the above query can be ignored. Recently, however, the application of mining geology appears to have been downgraded, or so it seems to me. Basic geology in mining has been cheapened and glossed over in favor of geophysics and outcrop sampling, even though the latter is merely one technique of mining geology and, to some extent anyhow, has been used for a. long time. (Locke, 3, pp 81-87). Geophysics by itself and in conjunction with geology has had success in certain geological provinces, but limited attainment in mountainous terrane except in those few cases where strongly magnetic minerals are associated with ore. Nevertheless, in the Cordillera .many experimental techniques are offered as proved ones. This is not an intent to try to depreciate honest geo- physics. Continued experimentation and use of it is approved by all, but at the same time it is foolhardy to throw mining geology overboard, Generally both approaches should be considered and usually, at first anyhow, geology is the most direct one.

Jan 1, 1960

By Joseph L. Gillson

Bentonite, designating a distinct type of clay, is a young name in mineral nomenclature in the light of the age-old names of most other useful nonmetallics. The earliest references in literature are to "soap clay" (1873) "taylorite" (1888) and finally "bentonite" in 1897, from its occurrence in the Fort Benton series of rocks near Rock Creek, Albany County, Wyoming. Bentonite is a rock term and consists largely of montmorillonite clay. The latter name was proposed in 1847 for a plastic clay found at Montmorillon, France. A clay of apparently identical properties was described by Cronstedt of Sweden in 1788 and a number of other similar clays found in France were given other names in publications from 1853 to 1856. The mineral name montmorillonite was recognized by Dana in 1892. The recognition of "clay mineral" distinctions which led to the present-day classifications of clays by their chief mineral content, dawned in the early part of the twentieth century. Grim6 has aptly said: About 1924, Ross10 and some colleagues of the U. S. Geological Survey began a study of the mineral composition of clays that led to a series of monumental papers on the subject. By the early 1930&apos;s what has come to be known as the clay-mineral concept became firmly established in the minds of a great many people actively studying clay materials. The clay mineral concept designates the major clays as kaolins, montmorillonites and illites and by this concept bentonites are now defined as "fine-grained clays containing not less than 85 pct montmorillonite" and a wide variety of clays found all over the world are included in that classification. They could all properly be called "montmorillonite clays" but the common commercial name is bentonite. For a period of over forty years from the time of the earlier discoveries, bentonite was thought to be only the sodium type highswelling clay produced principally in Wyoming. By the clay mineral concept, non-swelling montmorillonite clays also became known as bentonite. In the trade there are two broad divisions-sodium bentonite, often called Wyoming or "western," which expands in water and carries sodium as its predominant exchangeable ion, and calcium bentonite often called "southern," which has negligible swelling and carries calcium as its principal exchangeable ion. There are many intermediate gradations. Properties The mineralogy and chemistry of the clays are so complex that the subject cannot be summarized briefly. The reader is referred to Chapter 12 of this volume in which the subject is treated at some length. Grim6 gave the formula for montmorillonite as (OH)4Si8AL4020.nH2O. He wrote: Montmorillonite is composed of units made up of two silica tetrahedral sheets with a central alumina octahedral sheet. . . . Exchangeable rations occur between the silicate layers. . . . The words "tetrahedral" and "octahedral" refer to the coordination number of the cations in the unit cell in the crystallographic lattice. Carroll5a stated: That the montmorillonite structure is the same as that of mica, but the layers are not held together by K+ ions; and water and other polar molecules, such as organic molecules, can enter between the unit layers and cause expansion. Ex-

Jan 1, 1960

By D. M. Baird

"THE Island of Newfoundland lies on the extreme eastern edge of the continent of North America and at the extreme northeastern end of the Appalachian geological province. Its belonging to the Appalachian province is shown in the geological history of the region and in the rock types and structures.Geosynclinal sedimentation in early and middle Palaeozoic times was interrupted by Taconic and, more profoundly, by Acadian, mountain building activity. Mid-Palaeo-zoic intrusions range from masses of serpentinized ultrabasic rocks to granite batholiths. A Carboniferous overlay of continental and shallow, drying sea types covers the earlier developed complex. Local basins in these times were filled with products of the erosion of tl1e earlier rocks, and, locally, grew the right kind of vegetation to make thin, discontinuons seams and pockets of coal. Post-early Pennsylvanian history is one of erosion and pene-planation with renewal of movement along many of the older fault systems."

Jan 1, 1960

By Schrade F. Radtke

THE law of our present industrial society is the law of the jungle. By this I mean survival of the fittest. I do not refer to man or animal or the development of superior genetic strain. Rather do I refer to one's product, one's process, or one's material of construction. Each must perform in a superior manner or it is doomed to extinction; it must be steadily improved so that it can meet the competition of ether materials, of other equipment, or other processes. We have before us the classic examples of the horse and buggy vs the automo-bile, cf silk vs nylon, of the steam locomotive vs the diesel engine; in each case, a superior product has virtually wiped out its predecessor. Furthermore, a product, process, or piece of equipment is sold on its performance, together with engineering data which define its •characteristics and performance. For the most part, the present day sales-man must deal in terms of engineering performance of his product; he must know competitive materials -their strength and limitations as well N either old fashioned salesmanship, tradition, nor custom could have saved the horse and buggy from extinction; a superior product which has been steadily and con-sistently improved won out, 'and in turn, this change-over caused a dramatic• change in our whole way of life.

Jan 1, 1960

By J. B. Evans

"NORMALLY the duties of the exploration engineer and geologist cover the initial, and possibly, the most important phase of mining property evaluation; that phase being the presentation of an opinion of the property's ore reserve potential in terms of tonnage and grade. The prime objective of this pa-per is to outline one method of bridging the wide gap that lies between a know ledge of a property' s tonnage and grade potential and an appreciation of the value of that property in dollars and cents.THE PRESENTATION OF PROPERTY EVALUATIONThe engineer engaged on a mining property evaluation, regardless of whether he be an independent consultant, or a company employee, has as his goal, the presentation of his appreciation of the property's potential value or worth within terms of reference acceptable to his principal.To furnish a complete evaluation report, the evaluator must firstly study all aspects pertaining to the particular property under consideration, then present his appreciation of the property's worth in some tangible form. The ultimate presentation is one giving a Present Value of the pro pert y in terms of monetary exchange. Such an idealistic presentation is not always possible; typical preventives being -insufficient reliable information, limited time, Jack of ability and absence of definite direction."

Jan 1, 1960