Show MINES AND MINING Gilsons Bnckhorn Incorporated for 1000000 BULLS AND BEARS ARE QUIET Ore and Bullion Shipments The Cleveland to be Lilted News From Mal Utah Hines Trading on change was not a lively yesterday yes-terday as on tho previous day only 5850 shares changing hands and these were confined to Congo Crescent Glencoe and North Eureka Bidding was tame but there was a unusual attendance of brokers TESTERDATS QUOTATIONS e a S I 9 NA 2 Alice Alliance Alncc Anchor 5 55 2 Apex 16 15j i6ii Ba Des u u Big Hole Placer u 1 10 1 CentEurelUh 5 0 r co r 0 Congo mu 16 1711 Crcent lG Daym 195 11 51 19 i5 Horn Silver t 0 0 16 0 Mnlad Consolhlated mu 02 it1 Mammoth c 2 3 2 0 2 3 North Eurekau 10 10 IO Northern Ontario Spy Stanleyu Uh Utah L C COh Utah on Co u Woodside yoodide u Silver Certificates CerUJctcs u sALES SAE Cengo 200017 c Crescent 2Uli65c we buyer 3 Glencoe l4jt603 < seller 30 North Eureka rLDhl Kc Total No of shares SSO Gilsons Buckhorn Incorporated The articles of incorporation of the Buckhorn Gold and Silver Mining company com-pany were fled with Clerk Allen yesterday yester-day The life of the company is placed at fifty years Salt Lake is named as the place of business The capital stock is 1000000 with shares of 1 each held u follows S H Gilson 24999 F W dug horn 24999 J J Gilson 24993 C L Gilson 24999 W S McCorniuk 4 Sam Gilsn is president J J Giison vicepresi dent F W Cleghorn secretary The properties are the Buckhorn Buckhorn No county 2 and Atlantis in Dugway Tooeie The Great Dalton W H Smith and W G Van Qorne have made the following report on the Dalton properties The formation is a solid mountain of birds eye porphyry slightly changed in color and hardness in the neighborhood oJ the vein The Pearl is a well defined fissure giving giv-ing evidence of very strong mine realization realiza-tion Its course is developed uy the main tunnel ninety feet long and running on I the vein the whole way is east of north to west of south This tunnel throughout its length is wholly in ore and the width of the vein is not jet determined by crosscuts cross-cuts but it is known to be wider tan the tunnel which is five feet wide The vein rock is a lively clear quart showing much crystaiizatiou throughout it aud has a gauge of iron talc In tile vein are seer se-er streaks of rich gold bearing quartz showing free gOld Of these streaks the widest is over eighteen inches and the others from six to ten inches respectively The average of the ore in which me free gold does appear in abundance will assay at least oO or f per toil The heighth of the tunnel shows that the rich pay streak is wider in the bottom than at the top About one hundred and fifty feet below this main tunnel another tunnel has been man run in about fifty feet striking tbe vein and developing quartz of the same character charac-ter and equally as good as that in the main tunneL Above the main tunnel the mountain moun-tain rises about one thousand feet giving tn feet gving every facility for extension work The company also owns a claim called the Hardcash lying about two hundred and seventy feet distant from the main tunnel on the Pearl The work done there develops elops quartz similar to that in the Pearl much of it showing free gold and having a width of about eight feet with the wails not yet defined by cross cuts The vein a far as can be told by present development develop-ment is nearly vertical dipping to the west at an angle of about eighty degrees from the horizontal Tte gold bearing belt is being prospected for eight miles north from the companys and throughout that distance where development has been made evidence of aston a-ston and continuous gold bearing quartz and vein has been found and in many places rich gold bearing quartz similar t that in the companys claims has been found in considerable quantity better the deeper the work goes and best where a shaft bu been sunk one hundred feet To the south of the com panys property about a mile and a half rich gold quartz has been discovered in a permanent vein similar to the Pearl vein prmanent These facts demonstrate the continuance of the vein on its course more than two thousand feet in perpendicular depth below the man tunnel of the Pearl and lying north of the companys property is a mine which for years has been worked extensively exten-sively and profitably and which is a strong and permanent vein and shows free gold in considerable quantity This mine is I considered by those acquainted with its development to be one of the greatest mines in the country and demonstrates the continuance t the deep of the ore in this belt The situation of the companys property in respect toe sac of working abundance of timber on the companys property abundance of water power and facilities of getting tho ore to market or the reduction works of the company i particularly favorable At small cost a tramway can be built that will handle supplies and the ore at cheap rates and convey the ore directly to the companys millsite from where to Marysvale there is an excellent wagon road Smelters for Deep Creek Judge Thomas Wampler the herculean stock broker and prospector has returned from a five weeks visit to Chicago and Philadelphia which he made to secure cap tal for the building of smelters In the Deep Creek valley He has no doubt as to the result Either his company or some other combination of miners and capitalists will put ia Pie plant He is satisfied from the interviews fie has bad with capitalists that mining properties can b successfully floated in the east Interest in the Deep Creek country is general and the leading and mining journals dwell on it favorably extensh ely The smelter for which the robust judge is negotiating to be located in Deep Creek valley 14 miles from Salt Lake and 75 miles front the Central Pacific He believes Mr Bacon i will put through his railroad enterprise Shell and myself quoth Mr Wampler expect to interest a million dollars of eastern east-ern capital in the Deep Creek country The Bucknorn Mine To the Editor of THE HERALD In your issue of Juno 10 I am credited with saying that the Buckborn mine at Dugway would in my opinion yield 250 000 worth of ore before it ceased to pay I have never made any such statement nor do I believe anything of the kind I cm responsible only for sucn statements as are puuiished over my signature I do not wish to injure any mine I wish all our mines well and believe heartily in Utah and her resources but I whl not aJow myself to ba dragged before the public as indorsing this that or the other mine Some of the mines and mining districts are in treat danger of being boomed to death I shall be obliged i you will publish this Respectfully MAKCUS JONES |