Show S laars HEAVY AT PARK STANDARD the last issue of the western mineral survey says ar iron of the same character as that found und 0 on n the fringes of the valeo ore b body 0 dy Is being drifted on in the park standard ta dard mine at park city work tor for the last few weeks has ben b en confined mainly to drifting west on a 66 large east west fissure recently a strong north south fissure was as cut according to manager levton dunyon at the intersection of these fissures Is a tour four foot body ol oi iron carrying small values in fit gold this iron ore characteristic of the valeo outcrop to the north extends to the north south and west the valeo ore body carried high values in gold and copper it also occurred in the ontario quartzite the formation being prospected at this point in the park standard in view ot of the promising showing being followed the management Is of the opinion that it would be extremely unwise to stop operations at this time development costs are very reasonable and a deposit of commercial ore may be exposed at any time according to present indications the company js Is also follo following g a promising kipa lead in the silver king abed bed of th the park acty formation which lies just above the tha janney quartzite the main drift I 1 along this bed Is now being timbered after which the heading will be advanced to cut the cottonwood fault feet ahead which on the surface shows extremely strong at the park paris king property also under the management of mr dunyon the company is confining its operation to the level at this depth the eastern co continuation it of the park utah fissure has been crosscut showing a width of 62 feet the company Is now drifting east t on the hanging wall of the vein onT on a large body ol of iron it if the lead values in the gangue were as high as the iron said mr dunyon the company would have a big ore body the formation is ontario quartzite in which the big ore bodies in the tha adjoining park utah were found to the west no water comes into the levels so that it Is not necessary to operate the pumps one hundred leet feet to the east a fissure showing considerable galena on the level will be intersected MINES AND THE depression even the lowest cost copper mines are finding it difficult to keep going with prices at present levels their problems I 1 will not be solved until there Is an industrial du revival bringing renewed demand tor for copper and better prices but in the meantime producers are seeking to adjust production to consumption and to find new markets it Is particularly ticul arly important that the mining s tates states so far as they are able help the mines to weather depression ORE TO BE SHIPPED FROM THE NEW QUINCY president A L hurley spent several days in the park the past week putting in the greater part ot of his time at the new quincy mr hurley informed the record that a shipment the first from the new strike in its little bell area probably will be made by the new quincy before the end of the week according to mr hurley development continues in the from the level there an ore streak from three and one halt half to four feet wide mr IL hurley burley states averages 68 ounces sliver silver and 33 per cent lead to the ton while 15 inches in the core ot of the vein shows ounces silver and 48 46 per cent lead even at current metal prices ore of this grade can be mined and shipped it Is believed at a profit how much of a 9 profit can be realized will be known definitely when the first cars arrive at the smelter within a short time the ore horizon should be picked up by the drift on the main level encouraging REPORTS pertaining TO EAST SIDE properties geo A fisher merchant prince of keetley was in park city the first of the week on business and other matters in speaking ot of the future of mining over in his section mr fisher informed the record that he had received very encouraging reports from representatives of the big smelting smelling sm elting companies as to development work on P properties roper ties controlled by them the park premier the park konold the park nelson and others assurance was given him that plans were com plated tor for extensive development lust just as soon as metal prices advanced and expenditure pend iture of 0 money lor for development justified mr fisher expects to see greater mining activity than tan ever before on oil the tha east side within the next a sit months STOCK SALES FOR WEEK FRIDAY new quincy 8 and sc do park city con silver king coalition down to SATURDAY new quincy 9 and byc park paris utah and also TUESDAY keystone 1300 new quincy 10 and ac park city con 16 and csc silver king coalition WEDNESDAY new quincy ge ac park city con 16 and isac park premier ge THURSDAY new quincy 10 up to park premier ac silver king coalition and suver silver king western goo ORE SHIPMENTS suver silver king coalition park par utah consolidated total 20 |