Show WALTER FITCH JR TAK TAKES ES BIG CON TRACT AT PRINCE walter fitch jr inc the big mine contracting tr firm of eureka utah has secured a contract for sinking a new double com coin apartment part ment shaft to a depth of feet at the property of the prince consolidated mining smelting smelling Sm elting company pioche nevada the fitch firm holds worlds records for speed in mining and the present job is to be rushed to completion an aut horty gives the following information regarding operations at the prince of which al C godbe is general manager and A H godbe is president the new shaft will be carried at once to the foot level A little later it will be sunk below this to where the diamond drills discovered two important ore zones which to date have never been touched the contract was made with walter fitch jr who holds speed records at tintic gintic the work will be speeded through gli and it is expected to have the new shaft operating inside of sixty to ninety days this will be accomplished by simultaneous work being started at the surface or collar by raising at the and by starting raises on the and levels this new shaft will intersect the present main incline at the level and will wili at onca once greatly expedite the handling or 0 borers 0 ers as well as carrying on general min man ing operations then the shaft will be carried down to the sixth level here the diamond drills were sunk for feet at the level below the drills passed through ten feet of vein matter which samples 24 ounces silver and in gold at another point they penetrated eleven feet of gangue which sampled 22 per cent zinc this was at the bottom of holes in the contact oe 10 tween the limestone and quartzite it is thought that much of the zinc values had been washed out in taking the cores and that the actual richness would be probably nearly double this in this secondary enrichment zone it was stated that everything has been fixed up in the litigation between the prince virginia louise boulse and davidson companies the davidson is now practically owned by the prince there was a counter apex suit against the virginia virgin fa loul louise s e which had promised interesting disclosures the prince has agreed to haul virginia ores over its nine mile railroad at the rate of 50 cents a ton the prince bullionville Bulli onville mill is now treating an average of tons daily and Is turning out a fine concentrate worth about 50 a ton the shipments from the mine the past week totaled forty three carloads ar loads of ore these are estimated at 2150 tons the production has been increasing lately all these favorable financial and physical conditions are expected to be of immense value to the PI pioche mine both now and I 1 in the immediate future in the way of pro fit making |