Salt Lake Herald-Republican | 1920-05-30 | Page 24 | Columbus-Rexall Has Big Tonnage Ready for Market

COLUMBUS REXALL HAS BIG TONNAGE READY Annual Meeting i of Company Will Be Held on June 7 Within the tho next fow few days dars the Colum- Colum bus Consolidated Mines company company com corn pany at Alto AlLi will begin bogin the tho shipment of or ores after being being- closed down as 33 far faras faras faras as shipments were vere concerned for Cor several sev sev- oral eral months In the meantime the company compan has hns done a a. large amount ol of development placing placing- a large tonnage in sight In the tho north end of ot the tho property near the facts face c ac-c of ot the main tunnel tho the company probably has tons of ot ore although nothing definite has been given out as to this estimate Nearer the portal of the the- tunnel In a raise the company has twenty feet teet of ot ore which will not be taken out until square sets arrive with which to mine it In many other places In tho the mino there thero arc aro faces of ore the tho oro ore bins aro are full fuU am and mining mining- can b be 00 done on a L mu much h larger l scale scalo than ever before this summer In sending sending- out the announcement of the annual meeting of the tho company which will be 00 hid on June Juno 7 JL M. L It R Evans Evans Ev Ev- ans president and general manager has sent tho the following brief report Capital stock authorized shares sharA J par value 1 per per share out- out stock shares Area Area of or mining g claims owned acres of ot which all is patented also acres now In Jn progress of pat pat- ent Bunk and boarding boarding- boardinghouses houses bouses to accommodate sixty men Capacity C. of or ore bins 00 to tons depending on character of ot ore Powder square and antI round timber on hand sufficient for several months months' op operation operation op- op cration and one carload of or 8 inch square sets and lagging ordered Production according to smelter re returns returns re- re turns from rom August 1 1 1917 to March 26 1920 76 U. U 64 Ore In bins and mined of or estimated value Estimated value of or ore oro In sight and genral Indications for a alar lar large e production in addition thereto The Tho operation of ot the tho mine is b by tunnel tun tun- nd nel t tie the e ores mined and In sight being one onG r mile mUc lle and more from portal of tunnel tunnel tunnel tun tun- nel at a vertical depth of ot from 00 to 1100 te feet t from surface The mine is well equipped for present present present pres pres- ent needs fo for work above tunnel level Hoist Holst will bo ho needed when operations operations operations opera opera- are begun In dc loping ore be below below be- be low Jow tunnel level h should be In Innear Innear innear near future In Addition to the working working- tau i 1 I there are connections with the Frederick Fred Fred- crick erick tunnel and with the GOO and SOO 00 levels lo of or the Cardiff mine affording ventilation and additional exits from the mine in case of ot accident The property Is in good condition p physically sl lly and financially