Show lease on portion of reeds peak property for pel fe era oral weeks past L G schwalenberg ex editor of the utah mining alining news has been endeavoring to secure a lease on a portion of 0 the heeds peak property lie ile met with the directors in park city last saturday and his request was granted in regard to the lease the salt lake telegram sas A lease of 0 a portion ot of the reeds heeds peak mining alining company property has been granted to L G schwalenberg who will begin operations in a few days working two shifts of miners equipped with a machine drill the ground to be worked Is a part ot of tho the Birt birthday hda nos 2 and 3 claims lying to the north of the companas comp anys long tunnel which is being driven to the north south fault the lessee will start work within a week in a short drill drift that has been driven to the northeast from a point about feet from the portal of 0 the tunnel the drift will be in the same general following tile the bedding planes of the limestone there Is considerable showing allowing in the face ot of the drift and it Is beli oed that an ore body should be encountered with a comparatively small amount of 0 work the lease is for the period of one year and the work to bo be done under its terms will result in opening up an interesting and promising portion of the property the reeds peik peak company Is continuing to drive its deep tunnel which la is designed to reach the intersection of 0 the birthday no I 1 fissure and the north south fault laut that traverses the property the tunnel Is in more lian ban 1000 feet and Is being pushed rapidly ahead with the aid of a machine drill and a force of seven men A few days ago a small fissure in black limestone was cut which Is believed to be a parallel r fissure Is or a spur from the main fissure that should soon bo be rt reached ached at the surface over the tunnel there are good indications of an ore body in tile the fissure to the west of a belt of black limestone believed to be the same limestone in which tile the tunnel Is raced faced materials have boon been ordered by tie the 1 company tor for the of it a bunkhouse bu bunk bouse to accommodate a large force of men that the company expects to employ this winter |