Show mining matters IE PARK ii K PURCHASE I 1 yuba tuba california june 22 1928 B S ii c city utah r mr jr yours youra of june yesterday esterday I 1 am sorry I 1 did not give ive you the news first arst about the sa ingham deal but I 1 know about out it until I 1 went to salt lake monday about noon and I 1 closed ul that teat night and left tor for callton le s next morning jn tr suppose upp 0 se there would be any alven out lor for publication but the langham 91 hi M people gave the story to it lake trib tribune u e it if I 1 had known fore ere going going to gl give ale the story to the ake k e tribune I 1 would have called first and given you the inside I 1 dont believe in giving these lake papers the news my idea Is they hould get the news from the iE ecord it if they want any instead tie be park record having to get the ibrom them this has always been lea ont know just what we will do with park ark bingham holdings the park barn people opened up some borne of the ast grade ore ever opened 1 in park an ath three ree or lour four y years ears ago it ran 50 a ton toll to a t ton on the me ore aall fl small but it woe was I 1 in n limestone and eln ein itself itsek Is one of the biggest veins T I 1 le park city district it Is a whale ae t vein one ot of the best geologists mining engineers that over ever studied park city district has said eald that the cea ea are mighty good tor for this vein to pes ice great qu quantities ot of good c com 1 lat lal ore in the limestone with a little es depth the park bingham people had a couple ot of hundred feet ot of or such a 9 matter joy ran a little tunnel into the side V and sunk a about sixty five S adeep adeep they were drowned out ol of az e but U the e ore re was looking 00 ng in mighty 9 Y in the when they quit work woric en they were drowned out this ight to produce hundreds ot of thou of t tons ot of good ore in the lime allme at a lower lowe r horizon or at a depth ot of 30 fee feet t from the surface accord the best beat mining talent in the ry I 1 have the opinion in writing a or of the best mining talent that saw park city and these thase opinions iven in at the time the park bingham riding finding this ore idea Is to run a tunnel about fong ng to get about feet of 0 depth eath the outcrop of this big vein the e chances are mighty good to open immense ense bodies of good ore in the tone aas as this Is a whale of a vein pg 9 right lit through the limestone and er r on there la Is a big contact of atone ne and quartzite and this lime and nd this quartzite ts is the limestone quartzite uart zite that makes ore in the city district when cut by strong ize d fissures course you understand that no of limestone and no kind of quart te kes ore in the park city district it is cut by a strong mineralized it Is not enough to get the limestone and the right quartzite i good good 11 trong strong fissure fl aure must be cutting gj limestone estone and the right quart and a assure that Is well pro yicel yi Ced e d and one that runs through the t tor for r some ome distance and which Is n to be mineralized such fissures bryen b been the means of bringing in ins and tens of millions and hun 0 of millions of dollars worth of ore the quartzite and lime at paricity Park City these ore bodies are found in the ht formations or the favorable forms fonna ng of park paris city for ore deposition would like to start the tunnel this it if we can get everything ready but by not start before spring A THE SILVER MEN LOSE phe united stated government tues bues r was saved over by a deci ri rif nol f the district of columbia supreme rt denying a mandamus petition by ie american silver producers m and two colorado mining compan aitto 0 to compel purchase of incel n c es of sliver silver bullion by the treasury treasury d the mint at a price of 1 an ounce ie a present market price of silver is US lie more than one half this figure cho 0 case brought by the association athe della delia S and spar consolidated inin ining g companies of colorado was based 4 i an interpretation of the pittman act 1918 which authorized the purchase silver at this price to relieve the colne crisis in british india under this act the government melted I 1 silver dollars to send to treat eat britain and then purchased ounces of bullion at 91 1 an ounce aunce b replace these coins t the treasury later allocated to certain lints ints the total of ounces to made mad conto Aito small coins the Is on and the two companies on th their asserted that that amounted to sale of that much bullion and sought i require secretary mellon and director rant ant ot of the mint to purchase at the ollar ar price the bullion to replace it NEW FISSURE IT AT STAR af OF UTAH UTAH manager J 1 D fisher was over from he e star of utah yesterday afternoon alter noon and deports orts work jil in both the new and old going steadily forward with ore leang ing mined dally from the upraise in he a I 1 in the new tunnel at a distance ot of TO 78 beet et irom from the portal a strong new As re was cut this week which enthuses mr fisher and he expects good news to suit result therel rom the long tunnel Is sing being pushed with all possible speed toward the objective patience and money Is in all required to put the star ot of utah in the dividend paying class and the company has plenty ot of both ore shipments irom from this property the past week were ere pounds PARK GALENA the same old story comes from the park galena property the past week to the effect that conditions are steadily at improving and development work going forward in a very satisfactory manner this property marketed pounds arthe the past week RETURNED FRO FROM 1 I PARK STAND STANDARD ird i y manager N A dunyon and james byrne returned from the park standard this morning where they had been en watching developments tor for tour four days d b three drifts are being run to in the search tor for ore bodies one of which being re ported to be bel decidedly promising the standard la is in the ore section It is 1110 merely relY a matter ot of breaking into it at the park xing king the gentlemen re port the sump on the level complete and drifting will commence the arst of the week development IN PROGRESS word came to the record this week that a force of men were put to work this week on the western monitor property ro re bently purchased by the silver King Coalition people THE THC PARK CITY consolidated the old roosevelt tunnel at the head of deer valley la Is being cleaned out and the work ot of extending it into the mountain Is expected to commence next week by the management ot of the park city consolidated Then the ecord Is informed tal ormed it Is the intention to sink an underground shaft from the tunnel level and then prospect the st louis ontario and other holdings ot of this new combine MACHINERY rob kaar SIDE SILVER an east cast side property that is very likely to come to the tha front this summer bummer Is the east side silver group of which john P F cunningham Is president and manager yesterday a carload of 0 machinery including a compressor arrived it at keetley and today Is being taken C ver over to the property As soon as same Is installed work will be resumed and the shaft dropped down another feet which will make it better than teet feet NOW ON EXCHANGE the east utah Is now listed on the 13 salt 1311 11 lake mining exchange and there Is considerable activity in the sale ot of stock STOCK SALES FOR FOK WEEK FRIDAY new mew quincy 1200 78 and east utah 2500 16 and SATURDAY keystone 25 and csc park paris premier Fr emler 1000 MONDAY new quincy 77 and east utah 1000 sliver silver xing king coalition 0 1125 TUESDAY new quincy 77 and keystone park utah 1150 silver king coalition 1000 1125 WEDNESDAY new quincy 0 80 and three kings 1000 be THURSDAY east utah 1000 new quincy 84 and sliver silver king coalition 1137 IN PARK CITY TODAY TO DAY H D kelser assistant editor ot of the engineering and mining journal ot of new york was in park city today visiting the silver e r king coalition and other kroper ties of this great camp SHIPMENTS park paris utah consolidated silver King Coalition ontario park galena star ol of utah new quincy total |