Show I STRIKE I THE UTAH MINE Believed That the Old Body of Oro Has Been Rediscovered The Herald was informed yesterday that a most important strike had just been made in the Utah mine at Fish Springs andit is believed at the office of the company in this city that the large chute of ore in this property that has been lost for nearly a year has I been rediscovered The discovery was made in a upraise up-raise from the 500foot level to the 400 and in the letter received from Fish Springs yesterday apprising the company com-pany of the strike the assertion is made that this is one of the most important im-portant finds that has ever been made in this valuable property and that with development it is more than likely the mine will double discount its magnificent mag-nificent record of the past few years The 14ton consignment of ore from I the Utah that the company marketed yesterday without doubt came from the new strike as it is much richer than any shipment that has been made during dur-ing the past year It is not known that this is so but the officers of the company com-pany are confident that this is the case and it is believed that the lot will soon be followed by others the sale of which will cause the treasury of the corporation to assume plethoric proportions The ore from the new find is a very desirable mineral at the smelters and the control assays governing the sale of the lot mentioned above showed values of 29 per cent lead 3904 ounces silver and 2 in gold to the ton This is the first gold that has been found in the Utah ores for the past ten or twelve months and this is one reason for the belief that the old ore body has been fouryj as in the shipments prior to these dates the mineral from the mine carried good gold values At the office of the company yesterday yester-day it was intimated that it was now quite likely that the Utah would declare de-clare a dividend for March and if the new strike proves to be a permanent perma-nent one this property can be classed as a regular payer from this time on The Galena also appeared on the market yesterday with 15 tens of ore that assayed 57 per cent lead and 112 ounces in silver to the ton |