Show THE GOLDEN KING OF SNAKE CREEK INCE the wonderful revival of mining S SINCE activity in the grand old camp of park city a few years ago and the splendid record made by the mines of this section of late in the way of almost unequaled dividend disbursements a great deal of interest has been centered in the great mineral belt which stretches out from this wealth prodoc ing section in a southwesterly south westerly direction over the divide to the headwaters of the big and little cottonwoods Cotton woods in whose canyons more than one bonanza has been found and worked during the last twenty five or thirty years the section described is embraced is n now ow most favorably known as the snake creek district comprising a wide area and scope e of country that is highly mineralized and traced by mammoth ledges and prominent droppings crop pings the formation as a general gene r al thing being granite one of the primary rocks in which when mineral is found the veins are invariably permanent and continuous and go to the deep it is in this district that the property of the golden king mining company of this cit city Y is is located the mine being but four miles from park city and an equal distance from the once famous camp of alta the golden king is one of the oldest locations in the district and is patented ground its patent number being no 72 and it is the con census of opinion among well informed mining men that it is on an extension of the same mineral belt which has enabled the ontario the daly the daly west the anchor and the quincy mines to pour their millions into the commercial circles of the world the jones bonanza being on the same belt and a near neighbor of the golden king the bonanza now being in the hands of hon J J daly who will undoubtedly begin its extensive development and exploitation in the very near future although being one of the first locations to be made in this section the operation of the golden king has been neglected for years however this idleness cannot be attributed tri buted to lack of faith in its future or in its intrinsic merit but can more properly be ascribed to the fact that it was patented ground and also to the fact that the time and energy of its owners have been diverted into other directions to be again attracted to the asplen did possibilities of the property now that so much interest is being manifested in this favored locality caused undoubtedly by the discovery of new bonanzas in the near vicin ity and because of the increased and heavy dividends now being regularly paid by the mines of park city when the golden king company was organized a number of years ago ao o the initial development comprised a tunnel which was driven into the mountain a distance of feet following a fine strong vein for sixty five feet at which point the tunnel T A 1 L 4 MOUTH OF GOLDEN KING TUNNEL SHOWING VEIN FORMATION its course was driven country from the mouth of the tunnel until the workings left the vein a strata of pay ore was followed the streak being from two to six inches in width and stronger and larger in the floor of the tunnel than in the roof the ledge being four feet in width and all of it being highly mineralized the formation being a true fissure in granite with almost perfect walls in a report made upon the golden king seve several ial years ago by E B wilder mining lj engineer andu and U S deputy mineral surveyor this gentleman says elevated above the surrounding country as the golden king is it possesses advantages that few mines have as regards its workings requiring but a limited outlay economically exercised no machinery being required for pumping its elevation above the surrounding country being some feet in other words feet from which little if any water will beaden be ren countered in future operations opera eions advantages advantage which can only be realized when we take into consideration the additional re quiren in other mines in the pumping of water the conclusions arrived at from a careful examination of the property are that you have in the golden king a most valuable property with a true fissure vein rich in metallic wealth making to the deep requiring but time and capital for future and deeper development to render it a financial success realizing the importance and value of its property the golden king company has decided to begin work at once in its extensive and intelligent development and last week a lot of provisions and supplies were sent up to this prospective bonanza and active work is now under way it being the intention to crosscut cross cut out from the face of the tunnel for the ledge and also to sink a shaft on the vein at the mouth of the tunnel this preliminary work to be done to determine a basis for future operations the idea being to determine as accurately as possible the course of the ore bodies and the th e best point for their development when plans for the future will be outlined and the working force increased A comfortable cabin is being built near no the mouth of the tunnel and other improvements are being made so that operations can be carried on all winter with comfort and economy the work in hand to be under the direction and management of M R evans president of the company which is capitalized at shares of 1 each the other officials of the company being as follows hon james mcgregor vice president hugh anderson treasurer and wm mckay secretary the company still having in its treasury nearly shares of stock which will be utilized in transforming the property into a producing and paying mine which will be accomplished at no distant day if development bears out the promise made by surface indications the golden king vein rugged and prominent at the grass roots is highly mineralized from wall to wall the higher values being found in the quartz stratas running with the ledge when the mine was in course of development several years ago assays essays made of the ore disclosed metallic values ranging from to in gold and from 12 A 4 to 30 ounces in silver to the ton while recent tests made from samples long exposed to the weather show that the ore goes from to 1240 in gold and from to ounces in the white metal a most encouraging showing upon which to resume operations and especially as the gangue matter which is s sc si licous ous is stratified by a dark reddish or brown hydrate of decomposed iron ore through which is disseminated the crystallized quartz well known to mining men as gold quartz encouraging on the same mineral belt is the wolverine now owned and 0 operated by M L effinger 0 K mccornick and their a associates which is being extensively developed while it is an open secret that hon J JJ J daly will soon sink a large shaft in the extensive development of his bonanza flat group to the west of the king on the big cottonwood side of the divide is the great western now largely owned by hon david evans jesse knight both of tintic gintic fame and senator J L rawlins the future development of the golden king will be watched with much interest by those familiar with the formation and aliza tion of this section and it is confidently believed by many that in due course of time this promising property will take rank wit with the other producing and dividend paying mines of the park city country al azz 4 Z J J 0 SILVER ISLET LAKE NEAR GOLDEN KING the golden king is most admirably located in many ways timber for fuel and mining purposes is near at hand while the beautiful silver ilet lake front froix which the ontario daly and daly west mines derive their water supply is but feet from the mouth of the king tunnel while springs above the mouth of the tunnel will furnish all the water necessary for ordinary mining and culinary purposes in the resumption of work in the development of the golden king the company will have near neighbors who are pushing work in tafe exploitation of properties of undeniable merit the steamboat mining company for instance whose property is located a short distance south of the king is now in a distance tan ce of feet with its crosscut cross cut tunnel the indications indica tiona at the present time being most |