Show KNIGHT IN AMERICAN FORK tribune salt lake utah uncle jesse knight of provo has purchased another mining property in american pork fork canyon during the past week or ten days the deal was completed the controlling interests of the major evans consolidated mining and milling company has passed through the hands of joseph J jackson representing the major evans company to the knight interests the exact amount of stock transferred was shares the company being a million share concern the purchase price cannot be definitely learned although it is thought to have been at about one cent a share this is the second property to be taken over by the knight interests in this district they having secured control of the mineral flat last summer they have already done considerable development work on this property and it now gives promise of a big mine the last acquisition lies close to the mineral flat hence it is evident that the knights simply desired to secure more of the same ground when they secured control of the major evans property the development work done on the ground by the original owners who were all american fork people demonstrated that the ground was mineral bearing and was exceptionally promising when driven out by the snow late last fall the owners were sinking on a small vein of horn silver ore consisting of sixteen small stringers that varied in size from the width of a knife blade to an inch samples assayed as high as 1400 ounces in silver it is thought that all the stringers will eventually unite to form a solid vein many of the older settlers of this section remember that during the early days float by the was hauled from the major evans divans gulch A often brought what a car of ordinary ore now brings it is from this new knight acquisition that the float is thought to have come A meeting of the stockholders will soon be held and a reorganization effected at that time the manner of developing the mine will be discussed it is certain that such work will be done before the summer has passed aside from buying this property it is also generally known that the knight interests have on several deals in the american fork canyon the property which the knights aim to secure is located within a short distance of the mountain lake property of which jesse knight expects so much the recent action of jesse knight and the continued product production fon of tho the old miller property f is giving the mining industry of this district a small boom during the past week much of the major evans stock hel held d by local people has changed hands the prevailing price being 2 to 3 cents a share |