| Show current comment on utah s M mines ines and prospects A great majority of the mining camps of utah are now mantled with the beautiful arid and yet this fact does not seem to dampen the energy or enthusiasm of the great army of mining men who have the utmost confidence and faith in leading industry most alost of the big mining companies however are well prepared for cold weather and snow so that the changes of season have no bearing on their usual operations the snow will drive out the prospector to be sure but many small companies will push development work all winter as they have been busy during the beautiful autumn weather in getting in provisions and supplies the present is harvest time for ithe coal companies of the state and these are making hay while the snow flies As is usually the case at this time of the year a large amount of annual assessment work is being done and much of this work probably will run over into next year As is also usual desirable ground is being watched and woe to the claim holder who fails to begin his work by december for he will probably find new locations upon it early in the mr arning ning of the following day new dividend payer for park park city has sprung a pleasant surprise on the mining public for rather unexpectedly it is able to boast of a new dividend payer in the little bell stockholders of the company will view the near approach of christmas and the holidays with more than usual complacency and satisfaction is as distributed among them will help out greatly when buying presents for loved ones and friends this dividend of by the little bell it is understood will be repeated quarterly as it is stated that the mine is looking well while the company treasury is in good condition on the first of january the management of the calv judge expects to have its electrical mine equipment in operation and this will replace all the steam power machinery now in ill use this fact it is stated will greatly facilitate development and ore extraction and result in a probable return to the dividend paying list during the coming year according to reports from the mine the company is finding extensive ore bodies along the old daly fissure on the 1400 foot level at the silver king coalition production meets the requirements of all operating expenses Deli ses with a surplus accumulation sufficient chent to pay the regular quarterly dividend of fifteen cents a share and it is stated that the ore reserves in sight in the mine work ings digs are such as to guarantee an output at the ie present rate of production for fifteen years to come the daly west is increasing its mill out put having increased the working force to two shifts new ore bodies in tintic gintic mines in tintic gintic district all is activity and a number of new strikes in the district have given renewed confidence in the mines of this great camp the uncle sam a regular dividend payer and which has just announced its distribution for december Is all swelled up over the fact that it has just uncovered a seven foot body of ore showing values of 30 percent per cent lead 30 ounces in silver and in gold to the ton in the may day also an important strike has been made of late and superintendent C C griggs who is also superintendent of the uncle sam announces that in the may day a full breast of ore has been encountered in the drift off the 1000 foot level the ore assaying 41 per cent lead and 27 ounces silver the golden chain of mammoth the successor to tg the ajax company is drifting in golden chain ground from the foot level golden chain is believed to be located squarely on the grand central ore zone and is looked upon as one of the coming bonanzas of ithe camp hon C E loose of provo prove is manager of the new company work is progressing in the operation of the chief consolidated and regular shipments are being made by manager walter fitch who is confident that this property will develop into a wonderful producer and profit maker the leading mines of the camp are producing at the regular rate and the outlook for the district is most assuring something always doing in bingham something is always doing in bingham and the sensational is always happening in the old reliable first one big mine and then another bobs serenely to the surface with discoveries calculated to tax the credulity of the most optimistic one of the latest in this line is ithe utah consolidated J B risque general manager in the highland boy mine of the company it is reported a new ore body in virgin ground which is sixty feet in width and which has been followed a distance of feet has been encountered which goes from three to four per cent copper with gold and silver values present the first unit of the ohio copper mill is running most satisfactorily and is treating in the neighborhood of tons of crude ore daily the plant is reposed reported to be doing excellent work and all concerned are highly pleased the rounding out of the affairs of the utah metal company has recently reached the final stage and instructions have been given to rush work with all possible speed with systematic development and intelli gent operation the utah metal is looked upon as a possible rival of the other great mines of the camp utah copper is still very largely in the public eye and not only for its big operations regular dividend payments and its possible entrance into the copper combine but also because of the fact that col B V A wall has brought suit against the company for damages in excess of three millions for ore alleged to have been extracted unlawfully from the colonels ground by the company the colonel also asks for an order of court restraining the company from the payment of further dividends until such time as the merits of the suit shall have been decided by the courts an order for a survey is also asked for in beaver county the mining industry in beaver county is looking up and the coming year promises much for that section it is stated that the horn silver at frisco has resumed ore shipments the cactus at newhouse is in commission again and the majestic is just beginning to get into the harness in a manner which predicates heavy production and a redemption of the companas comp anys splendid property at the red warriors conditions continue to improve and another promising strike has been made of late this being a six inch stringer of galena ore going 50 per cent lead and sixty ounces in silver to the ton manager W J merritt is pushing work in the exploitation of the great body of sand carbonates mentioned in the last issue of the mining review and expects within a year to have it opened and blocked out so that the daily output will run up into the hundreds of tons it is expected also that the company within the next twelve months will post a dividend of a dollar a share or the payment of a dividend of this size will be a clincher for all of the good things which are now being said of the mining industry of beaver county within the boundaries of which there are hundreds of properties 1 es possessed of most attractive merit and value the lou mine in pine grove district has a fine body of ore exposed in its workings and is daily adding to the tonnage of shipping ore being piled up on the dump this property now has in the neighborhood of tons ready for shipment which will run 50 per cent lead and 70 ounces silver to the ton as well as a heavy excess in iron in the same district work is progressing favorably in the development of the revenue mine |
