Show EMMA announcements A it was strongly rumored last week that tha t the crosscut from the bay city level lev el at the emma copper property at alta utah had cut a body of high grade ore but the report cannot be verified at this time it was stated that the ore carried values of a ton in lead and silver the emma consolidated mining company which now controls the old emma and emma copper companies recently sent out the following information regarding the property and developments it has been announced since the statement was made the company has purchased the lease of the old emma leasing company to which reference is made within the old emma ground there is a length of about to feet of these ore bodies measured on this southeast north west line on the other hand the emma copper company owns a length of fully 1400 feet along this line which furnished in ill the past its quota of riches from shallow surface workings the herzig crosscut is now within a comparatively few feet of reaching the montezuma fault and consequently the continuation of the ore bodies worked in that section of the property this means that within a very short time production must likewise commence from theelma the emma copper ground as well as from the old emma leasing territory the relative extent of the ore bodies to which each company is entitled is measured by the ratio of to 1400 which is the length along the line of the old the measure of the old emma leasing company as given in the foregoing is reached by a likelihood of a total output of from to a the old emma leasing will soon be mining bonanza ore and probably at the same time bonanza ore will also be mined from the emma copper ground the leasing company will have a right to extract the ore from the old emma mines company property until the end of october 1917 but the life of the deposit is not to be measured by the life of the lease mines of this thi type in other camps are producing over a great period of years in the neighbor hing park city mines situated in the same range of mountains with ore deposits of identical character from a geological standpoint uninterrupted production has continued for more than forty years it is firmly believed that the properties controlled by the emma consolidated will likewise have a similar long life and long record of dividends |