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Show oo VAST NEW RESOURCES IN KING COALITION A Park City man, who is a stock-bolder stock-bolder in the Silver King Coalition Mines company, is authority for the statement that the extensive development develop-ment work being carried on at the mine has opened up extensive ore de posits at several places in the property, proper-ty, the latest and ierhaps one of the most important, of which is in an entirely en-tirely new location to the southwest and over toward the Thayne canvon portion of the company's ground. It Is said that this deposit was opened open-ed at considerable depth and promises to be another of those great zones which havo made the mine famous and its millions of dividends possible. Mine assay are said to show the ore runs $60 to $6o a ton. The local officials of the company are not inclined to talk of the details of operations at the mine, but from this Park City mining man comes the story that a recent inspection of the mine shows almost a continuous zone of pood shipping ore from this new find on the southern end over to the northern side in the Alliance tunnel portion of the territory. At no time In the history of the camp has any mine In the history of 'he camp has any mine been developed where such a large tonnage of precious metal was put in sight, he says. The expanse of mineralized ground is proving so much more extensive than the original orig-inal ownors believed would be found that it Is said this was their reason for recently acquiring a large block of stock that was offered As far as can be learned, the management man-agement has not been given instructions instruc-tions to increase the mine output, and the ore will be sent to the market at the rate of about 100 tons dally. In addition to carrying on extensively extensive-ly development, the company is making mak-ing flomo heavy installation under iground. and this work will require a great deal of attention for some time. Later the output may be increased. rtr, |