| Show here flere and there around the state A new strike in the chief consolidated mining corn com banys property in a heading driven from the level of the north lily mine was announced a week ago the new ore body was located in the coyote claim of the chief con property northwest of the companas comp anys tintic gintic bullion ground the regular meeting of the utah section of the american institute of metallurgical and mining engineers was held field last thursday evening at 8 at the newhouse hotel J R finlay gave a talk on operations at the north lily mine and ray corfield discussed electrification of the utah copper mine haulage system westminster college of salt lake city which has been steadily b growing in recent years dedicated a gymnasium on january alth it is a modern building with one of the finest floors in the state it will be a great asset to the college which is attended by young people from the various mining sections of the intermountain country drills prospecting in the bonanza mining company lease in ground of the park bingham mining company in bingham have encountered ore it is reported the drilling is going on from the foot level two shifts are reported advancing development work on oil the butterfield level and work has been resumed ned on oil the foot level sinking of the park king shaft at park city another feet is part of the development work decided upon by company directors recently AV H eardley assistant general manager of the united states smelting smelling Sm elting company 9 was elected to the board of directors which now consists of mr eardley N A dunyon moses C taylor john B hoyt and P C evans stressing the importance of speed in connection with the boulder dam george AV malone nevada state engineer believes work on oil the structure should start next fall 11 he is hopeful that arizona will ratify the seven state compact or that utah will become a party to the six state agreement in either case obstacles leading b to the construction st of the dam dain will be removed A severe sex ere cold snap beginning december 13 has forced abandonment of colorado river navigation between moab and the oil drilling operations twenty miles down the river for the time being several ice janis jams formed in the river and the barge 6 of the moab garage company which has been en hauling cargo to and from the oil tests is icebound ice bound in ln a cove twenty miles down the stream awaiting tn a thaw to release it says the moab times A ine meeting eting of stockholders in the old homestake Home stake ming ing company will be held in park city ton tomorrow lorrow the rt it is s the stated purpose to consider and take action on oil a proposal to sell all the property of the company and on oil what at terms and such other Im business siness as may come b before the meeting the homestake Home Hoine stake property is one of the oldest t locations in park city district and adjoins the park galena robert gorlinski is vice president and carl scott secretary arrangements it is said have been completed whereby development of the tintic gintic empire mine in the east tintic gintic district will be begun at once from the level of the adjoining lehi tintic gintic this development it is believed will have considerable bearing on oil development in the northern portion of the east tintic gintic district since financing of tintic gintic empire operations means that a highly mineralized locality will be systematically explored at a consider considerable atle depth by the two companies it is reported that payments on oil the deal to finance development of the three kings mine in park city are being made according to contract by a group of los angeles capitalists that is why the recently levied assessment was canceled according to wm anderson president the property is looking good the shaft has been deepened to feet the pumps have been dovd from the to the bottom and a northwest crosscut is b eing being driven two fissures already have been cut with the election of new directors a development program for the east utah mining company with properties in the park city district is announced it is planned to crosscut cross cut the norris and susie C claims with the present tunnel thus exploring the entire fissure system if this quest proves unsuccessful lower portions of the formation will be explored the new company directors are david P howell willard T cannon W H eardley john lamb parley hindmarsh david hansen and W A dennis manager cecil fitch of the chief consolidated properties at tintic gintic is reported to be well pleased with showings in the tintic gintic bullion ground where a development campaign has been under way for several months this piece of work is handled through the north lily shaft from the level of the north lily a drift was driven over into the tintic gintic bullion and then at a most encouraging place in in the drift a was sent down a distance of about feet in this a number of promising stringers of ore were nvere encountered and at the present time a drift is following in a streak of lead ore from one to six inches in width 6 if present plans are worked out as outlined by the hill top mining company at a meeting of the board of directors held recently eastern capital will be employed to finance the mining enterprises enter prizes of the company according to the tooele thoele transcript at the meeting 6 the directors vested parley president with authority to proceed with negotiations for the re financing of the company by the eastern crowd A new company will be formed which will pay to the holders of the present stock of the company the full amount of the price paid by them to the company for this stock plus one half the number of shares in the bevly newly formed coni company pany as a bonus the surplus stock will be disposed of in the same manner |
