Show SALE OF THE GOLD SPRINGS MINE the property of the gold springs mining power company near modena utah is to be sold at receivers sale the property of the company is located in stateline Stat eline district utah and eagle valley district nevada and comprises fourteen claims three of which are patented the property is developed by means of a foot single compartment shaft and 1000 feet of drifts and crosscuts cross cuts ore has been developed on three levels according to the latest engineers report about tons of ore are blocked out in the mine workings ready for extraction and the mill this ore carries averi average age values of per ton the crosscut cross cut being run to the talisman ledge on this property will have to be driven about feet further to cut the ledge on its dip when this connection is made it will give feet of sloping ground on the talisman vein which added to the developed ore on the property will give tons to the tonnage above enumerated this does not include the probable extension of the vein into the hill or under the wash but includes only the surface outcroppings outcrop pings known to carry ore and to developments up to date this ore is all free milling and according to mill runs 90 per cent of the values can be recovered the property is fully equipped biti ll 11 hoisting crushing stamp mill and cyanide plants which with a few slight changes wll wil be capable of handling tons of ore daily the property is all electrically equipped and supplied with power from a gas producer plant located on the salt lake route at modena utah ten and a half miles from the mine the geological reports on the property all indicate that ore will be found at as great a depth as it will be desirable to mine and this being the case the tonnage now developed is only a small portion of what the mine probably contains the mine is free from water and mining and 1119 costs are as low as can be found in any property similarly sim ilary located this property will be sold under receivers cel ce vers sale on september 2 1913 at paro wan utah the purchaser will receive ti tle tie to the property given by the court and by the directors of the company this is not a worked out abandoned mine but one in which the company overreached itself in its equipment thus incurring indebtedness it could not meet hence the receivership the notice of sale will be found elsewhere in these columns 0 |