Salt Lake Herald-Republican | 1919-03-02 | Page 41 | [Illegible] Developing into One of Park City's Steady Producers of Lead-Silver

L RIVER DEVELOPING INTO j 1 ONE OF PARK CITY'S STEADY r PRODUCERS OF SILVER LEAD-SILVER weekly shipping I the to lee ee of oC if Park 3 CIt CIl City tho the er reSs broke and shipped a 1 too toof to- to pit 1 yur tons of oC ore In tho the of 10 OO o to o or so 80 O the production two WO monthS to tho the thol been work under the tho present l City Record of oC Sat Sat- eS 5 the tho park k 1 made 1231 representatives a a. at t to the thO property and t courtesy and were every shOw tough B Br t tho tO o various workings en n Fisher under whoso whose super super- r n p. p J. J development work Is on iho who with C. C L. L Rood of oC sat Salt sate and nd a lease on the property For ForIn e J hM has development de work the tho thoMi and nd In Mi r is as well equipped as an any I In the camp and that splendid immense amount of oC it v and an k k under the direction of or hen ben done ISer to Is only fully realized after Md Insl When hen the lease first IOV secured u work worl was on n the and so b by tho the leasers some sonic oro ore was W mined and ore oro very encouraging but were and heavy eXe cx- cx esa was as impeded Impelled K Incurred b by water troubles antI and I e C 33 decided to abandon that level lo I the thc time being beins' and prospect ct the thet ther t r levels lc In April last year ear Mr Ir cr r start started a cut cross from the and since that time timo a won- won Je cl level ful lul amount of or development work been done dono with the tho ups and downs n peculiar pecullar to prospecting for a a. mine the leasers luser tho the lease so far has not fed ved a golden colden harvest and at atis atthe Ls is th the outlook was decidedly dis- dis yet et with a a. persistency tn p n of or confidence that great groat oro ore lies Ie iss existed in tho the Mr Ir her has persevered util toda today the cord orti shares tho same am opinion as the ers rs in tho the belief belleC that the real Ither ther ledge has bas been exposed and showings developed de and ore ked out to prove that the Nail Nail- and that within thet the tho r Ter r Is a mine kt t three months It should be bo listed Rh II the steady stead and bl big producers producer of or camp and the stockholders made mado IVY VI p by h having L a market marIet for tor their tk It Ic at a a. figure materially higher a present quotations in n upraise from the level has made for feet and md ore fol- fol oled ed 4 for some sixty feet 1 and nd for 74 H feet on the thc strike and andt t tl from work ork completed there Is fry r rt rc reason on to believe that this oreg ore- ore ing nf g ledge extends to the level a reasonable certainty that tho the same samo rich ore oro as encountered In tho the early days of C Jack Greens Green's development develop clop bent ment when hen the stock went soaring to the ZO mark will as again ln be bo Co found nd Inthe Inthe in the tho newly found mother ledge ledro a. a as work progresses toward the tho ho surface surface for for the mining history of or the camp Is that tho very cry rich oro ore is found on the up upper upper upper up- up per levels le o of all big properties Ore Five Fhe I. I Feet et Wide Ide Work was commenced on the thc lease in May Ia In tho the various work workings InS's during that time tImo veins of ot ore oro vo lU been worked varying from froni a a. few fow inches to eight feet in width at times all evidently e coming from spurs of oC the main ledge Mr r. r Fisher Fishier Is now certain that tho the main ledge has been cut and andor for or sixty feet ore has been followed ranging from two to five rI feet wide wido Reports from the property this morning morn morn- lug ing arc are to the tho effect that the tho ore oro showings are aro better than at an any time durin tho lr 11 1 with a of ot 1 high I grade d ore of l five i feet n In a per perfectly per per- defined ledge While prospecting o 0 ISO level leel an upraise within 42 feet teel of oC the was driven and this week a was commenced to connect this up upraise up up- raise which will connect the with Ith tho the and as development dc progresses pro pro- I esses an upraise will bo be made makIng making mak mak- ing a a. connection with the 50 level with favorable ehan changes of or rich ore being mined all tho wa way up The company was In debt when the i lease was granted now It has a a. treasUry treasury treasury treas treas- ury of or several thousands 0 o of dollars with the surplus being added to monthly so with a a. capitalization of or only it will Ill not not- require a yer very big bib body of oC high grade oro ore to put It Iton Iton Iton on a a. d paying dividend basis Tho The fu future futuro Lu- Lu turo ture outlook for the er is promising to sa say the tho le least The present lease expires next June Junc but it St is likely an effort wIllbe will win willbo bo be made mado for another six months months' ex extension extension ex- ex tension b by the present leasers Whether the thc company compan will grant the he extension or not is a matter of oC conjecture conjecture con con- jecture but In any event the tho stockholders stockholders stockholders stock stock- holders can rest assured that In tho the future as In the past they will get geta et eta a fair faIre run for their mone money as far as aa tho the leasers are concerned concerned- for the tho mine Is being developed and worked in a thorough and workmanlike workman workman- like manner Had it not been for these same leasers tho the would have been Idle all these years ears going into gradual deca decay Instead of oC being worked and developed de Into a prospective tive big producer