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Show . GRAND DEPOSIT MESS BLDG 49 . MN CITY Features Mining, Oil, Financial Salt Lake City, Utah, June 20, 1947 VOL. 18. NO. 22. One Year $2.50 , Great Future Seen for Utah Mineral Resources (EDITORS MOTE: ThU U the third of of the metal mining Industry In Utah.) seriei of eight article! on the history Within the next 50 years farming and kindred industries in Utah grew up. The crop land of the state amounting to two and three-quarte- rs per cent of its total area, came under cultivation, to a national average of 20 per cent of its area under compared cultivation. But the natural forces that ... . ' PROBING POSSIBILITIES of substantial ore production at mining properties located in the . . southern end of Utah's famous Tlntic District, Tintic Metals, Ine. is conducting a businesslike operation on properties leased from Little Mag Mining Company. The above photo shows surface structures, including a new headframe at the No. 1 shaft.. Development opera- - ' tlons have disclosed a substantial tonnage of ore available for shipment New Ore Producer Looms RFC Gets In Tintic Mining Area Tougher on A comprehensive development program that has been underLoans way during the past several months by Tintic Metals Inc., on Mining mining claims located In the southern end of Utahs famous Additional security is being demanded by the RFC from applicants for mining loans, and as a result two amendements have been made to its revised Circular No. 14 which gives information on mining loans. The first of these will require the applicant to execute a note evidencing the amount of the loan and promising to pay the same with Tintic MiningDistrict has reached the stage where near future ore productibn is aissured. - Operating under a 25 - year lease agreement '.with the Little a major problem, wtych, togethMay Mining Company, the new- er with the then prevailing low prices, forced abandonly formed Nevada corporation metal has expended some thirty thou- ment of the operation. sand dollars In rehabilitating and Efficient Pump Equipped with a modem Byinstalling equipment orufcvvper-tie- s controlled by .Little May ron Jackson deep-we- ll pump, the since consummation of. the lease new operators find the water no interest and the mine has now ' The second states that the ap-- late last fall. In addition to this handicap, been unwatered.. completely also.' .the,firm Holds, v property, fto plicant will ' The property is opened by' two a lien on the proceeds oi leases on adjacent claims. shafts, present activities being Famous Area operation and on all of the conducted through the No. .1, Headed by James F. Collins, which is down equipment, whether or 245 feet. Develnot purchased with loan funds. President and General Manager, includes the opment Cash minimum royalties on and Dr. Louis Z. Johnson, Vice 110, 140, 200 and drifts on levels. submust be President in charge of operaproperty payments Metals has retimbered the ordinated and modification of tions, Tintic Metals, Inc., was Tintic rehabilitated these unand shaft releases and options may be for the purpose of ex- der ground workings preparaorganized quired,, but ordinarily no mortploring and developing the Tin- tory to projecting additional extic holdings of Little May and gage on the mine itself. ploration and development work In the original 'provisions for other mineral properties. available ore. The five patented claims in andDr.shipping RFC development loans, the exin making a reJohnson, ecution of a mortgage on the Tintic now being worked are lo- port of his findings following incated in Ruby Gulch, near the property was required. However, once of the reopened workfamous Sunbeam, Golden spection this provision was waived during states that a substantial ings, the war and the "payment out of Treasure, Tesora, Cornucopia and tonnage of commercial ore is proceeds of operation plan was Molly Gibson properties that available for shipment. In desubstituted. The applicant was were outstanding in the earlier scribing conditions on the ot a chattel mort- history of Utah mining. Dr. Johnson explains required level. The Little May company con- that a vein of gage on equipment acquired with grade ore loan or operation funds, but ducted production activities on four feet wide good to be u ready already held in-or ground now being worked by mined and shipped. He further equipment the new firm from 1919 to 1924, states that there are numerous otherwise acquired was not volved in the lien. during which period consider- ore bodies of ore on The above changes outlining able commercial ore was shipped. (Continued on Page 2) the new policy of the RFC re- However, at that time water was I . -- 'be-require- d - execute ap-lica- nts 230-fo- ot . 230-fo- to-giv- ' low-gra- de - garding development loans is the reason that very few loans have been requested in recent months. Smelter Addition EL PASO, Texas American Smelting & Refining Co. has started construction work on an addition it its smelter here. The new unit, an entirely ' separate plant, is designed for the recovery of zinc from the slag dumps which have been amassed over a long period. WALLACE, Idaho Discovery of important new lead ore bodies are few and far between. Nationally known authorities have repeatedly stated that no new lead ore bodies have been discovered in the United States in recent years, but these authorities have evidently not kept in touch with the lead ore developments in the Coeur dAlene district since at least as far back as 1942, comments the Wallace Miner. Since, that time, new ore bodies of major size have been discovered in this district at the Bunker Hill, Silver Snydicate, Dayrock and Sidney, mines and all have been sufficiently developed to place them in the class with new major sized lead mines The first ore body in this class was the Truman vein at the Bunker Hill & Sullivan mine, which was first discovered in 1942 and has since been developed for a length of 600 feet and from the 2200 up to the 1900 level, according to Gen. Mgr. J. B. Haffner, who also says the vein will average 12 to 15 feet in width and assays on lead and five, an average 8 ounces of silver per ton. The company now plans to sink its main shaft to the 4000 level, which will make Bunker . METAL MINING INDUSTRY OF UTAH -- - Government Wins Land , Hill the deepest mine in the district at 1600 feet below sea level. The Silver Syndicate lead ore body was found in 1945 by the Sunshine Mining Co., in driving a crosscut 350 feet south from the Jewel shaft on the 3700 level, 1000 feet below sea level. In the companys 1945 report, Mgr. R. D. Leisk stated that this was the most important development of the year and opens up interesting possibilities on account of its great distance from any previously known occurrences. This ore development is some 3000 feet west of any other known ore occurrence in this belt, with a width of from 4.9 feet. In other parts of the mine an ore width of 16 feet is shown. The Dayrock is the most recent major sized lead ore discovery in the district, having been exposed on the 650 level during 1946. The Dayrock 'ore body has been preparing for stopping oper ations on the 650 foot level for a distance of 600 feet This ore bodyaverages from 5 to 15 feet wide and ordinary samples of. the ore assay 35 ounces of silver and 55 lead per ton with very if any, zinc. f . little, . ; ' 4 : 4 Mount Nebo Area Mine Developing ' The management of the Tin-t- ie Outpost Mining Company reports that work is progressing at its property in the Mount Nebo Mining District, Utah County, Utah. To date the company has driven a tunnel a distance of 1032 feet, which is calculated to tap a heavily ironized ot vein some 700 feet below the surface. The company has also made a 100-fo- ot winze on a six-fo- ot vein with favorable showings of lead and silver ore practically all the distance of the winze. Portions of this ore, at the bottom of the winze, assays upwards of $75 to the ton, with select high-grarunning up to $130 per ton. ch From a vein assays averaging' about 18 per cent lead and 18 per cent zinc at the surface .have begn uncovered. nogtb of the winze the management reports. In all there are five bedded veins and one true fissure vein covered by these claims, of which there are 18 unpatented claims, 13 on the east slope and 5 on the west slope of the main Wasatch range of mountains, about 80 miles south of Salt Lake City, Utah. 40-fo- de 22-in- well-minerali- zed American Fork Mine Pushes Work ' Development work at the Metals Coalition Mining Companys property at the head of Deer Creek, in American Fork Canyon, Utah, is progressing favorably. The company owns 21 lode claims, with plenty of water and timber for all purposes, with good mill sites. In an interview with the secretary of said company, he stated that they have seven veins outcropping; that there are seven different kinds of metals in some of these veins, such as gold, silver, lead, copper, molybdenum, scheelits, and titanium. The geology consists of granodyte, dioryte, limes and celestite quartzite. A low-grais found in a number of beds also. With these shows at the surface the company expects to see one of the best producing mines of the American Fork area upon development of some of these veins. The Sufederal the court upheld preme oil certain to claim governments lands in Park county, Wyoming, which have been operated by the Ohio Oil Co. The case grew out of a controversy over land in Wyoming the President to be included in a federal petroleum reserve. The State of Wyoming and the Ohio Oil Co., contested the federal governments claim. The government had also sought to obtain a money judgment against the company because of its oil operations on the disputed section. The supreme court, while upholding the governments claim to the land, remanded to the lower courts the question of money recovery. The court said that special findings should be. made to deter- Old mine what amount, if any. the government would be entitled LUSK, Wyo. Eyes of the oil to recover from the oil company world are turned to oil of production because of its operations the Ant hills dome where Frank wells on the land. L. Strickland of Mount Vernon, 111., and associates recently brought in the Delahoyde No 1 Goldpoint Mining well at 3,950 feet for a swab test TONOPAH, Nev. R. W. Var-no- n, run of ten hours to produce 250 general manager of the barrels. Bottom of pipe was said Goldpoint Mining Syndicate to 8 be feet with 3,917 pipe property 35 miles south of Gold- at that depth. field, stated the company may This well was originally drilled resume operations on its properContinental Oil Co., startty which adjoins the Ohio Mines by the in March 1927 and completing Corp. A New York engineer recently ing in March 1928, when it was examined the ground and sam-nle- d plugged as a dry hole. The Conthe ore dump which he es- tinental later abandoned the timated contains 2000 tons of lease, which some time ago was taken up by Ames. good grade mill ore. WASHINGTON Coeur d'Alene District Claims New Lead Deposits re- stricted the amount of arable in the state were the causes of the deposition of mineral resburces. At the time, present mountain ranges were being lifted to shut out the moist winds from the area. Their very lifting was creating tiie ore deposits of Alta and Park City in the Wasatch mountains, of Bingham, Ophir, Stockton and Mercur in the miles Oquirrhs, of Tintic a few Frisco and Milford and south, and many others. The coal lands which were mentioned had their inception prior to this. Brines Formed As the hot, dry summers were drying up Lake Bonneville they were making possible the formation of the salt brines of the Great Salt Lake, which some day will form the source ad-of many valuable materials in dition to common salt, which is already being mined. By proper attention to the future development of these natural resources and seeing to it that are not those already developed ' allowed to slip backward. Utah can support a population many times the present and provide a livelihood for all. The westward trek of the Small band of ' religious : people from Illinois, which had its beginning in 1846 and ended in Salt Lake Valley in 1847, is closely associated with the be-of ginning of the development the resources of the West. By the time these Pioneers had reached Council Bluffs, war with Mexico had broken out A number of the Pioneers went on ahead to. California to join American forces and fight for their country. Two of these men were with Jim Marshall when he made his historic gold discovery at Sutters Creek, California, in 1849. (The fourth article in this series will appear soon in these columns.) well-defin- ed de Well Produces |