| Show rh IS WEALTH UNTOLD The Big Strike Made by the I Groesfoecks in Tintic NEW DISCOVERIES IN DUGWAY A Sheep Herder Said to Have Uncovered Ore Going 1000 in Gold and 1000 Ounces Silver The city was again thrown into a fever of excitement last evening by reports of phenomenal strikes in both Deep Creek and Tintlc There were so many rumors flying about that it took some time to verify them and trace the reports to authentic sources John Groesbeck had been noticed moving about the streets at a breakneck break-neck pace and little was thought of this as it was generally known that the marriage of a favored daughter was about taking place John Groesbeck had just returned from the placer mine in Montana and the news of a big strike in the Red Rose mine at Tintic was kept shady for fear the excitement ex-citement would disconcert his mind for the transaction of business But the intelligence that an eight foot vein of ore assaying 047 ounces in silver and 27 per cent lead had been struck was too good to keep and it was soon known by all the Groesbeck Brothers John Mc Chrystal who is conservative in his estimates esti-mates said that the vein was actually eight feet wide George Arthur Rice pronounced it the greatest discovery yet made in Tin tic and that it still further strengthened the boast that no shaft had jet been sunk 300 feet In Tintic without striking rich ore The Red Rose mine is located on the ridge halfway between Eureka and Silver City and the eight foot vein was met by following the stringer down 300 feet The discovery is one of the richest ever made in Tintic consideringthe width of the vein With an eight foot vein witu no water to work against and every carload of it worth 10000 it is readily seen how rapidly the profits will pile up A caiload per day would return 3000000 a year and leave over 3000000 net profits to the owners of the mine |
