Show U S TAKES OVER MONARCH lehi utah dec 19 charles ohran of 0 this city president of the monarch mines returned last evening from the property which is located in the lakeside district about seven mils miles north of dell and the same d stance distance west of great salt lake mr ohran spent three days at the property with an engineer of tho the united states mining smelting smelling Sm elting company who made surveys and examinations preparatory to opening up the property on a large scale A deal has been pending for several months and was finally consummated yesterday whereby the monarch mines turns over half of its capital stock to the smelt ing company in return for which the latter will spend in development work including probably the erection of a mill on the property the property has been opened with several tunnels incline shafts and drifts all of which are in ore though most of it is of too low a grade to ship at a profit the fissure in which the ore occurs is over forty feet wide and samples taken across its entire face which was crosscut fifty feet deep show it to all be a fine milling grade of lead sliver ore several shipments have been made from the different workings prominent mining men have made examinations of the property and all agree that it has big possibilities and several of them predict that it will be the biggest proposition in the state the united states smelting smelling Sm elting officials have already taken charge of the property and will place men to work at once to an old shaft now down feet when this is done crosscuts cross cuts will be run from the bottom and it will be extended another feet deeper engineer wicks who has charge of the companas comp anys exploration department says that as soon as sufficient ore is developed a mill will be erected and that probably a branch railroad will be run to the property from dell on the western pacific |