| Show PARK CITY MINING AND SMELTING COMPANY ACQUIRES VALUABLE ADJOINING GROUND another deal of potential importance to park city was coll consummated sum early in the month when general manager george AT W Lani lambourne bourne of the park city mining and smelting smelling Sm elting company announced the of the property of the old west ontario mining company these holdings 0 consist of acres of patented mining claims the purchase of which follows negotiations b of mr lambourne extending over a period of several years the acquired property is surrounded by the productive areas of the ontario daly judge daly west and silver king coalition possessions and completely rounds out the holdings of the park city mining and smelting smelling Sm elting company and adds materially to its potential productive possibilities of the future the prospective value alue of the west ontario ground has been a matter of intimate knowledge on the part of mr lambourne for a long time the ontario daly fissure system is known by him to extend into the west arest ontario territory as a result of exploration and mining operations carried on in the daly judge and daly west mines As a result of this knowledge it is going to be a simple matter to extend workings into this ground and make it productive one reason why the west ontario is not better known know to the public is that it has been held inactive for a ion long period of years by a close corporation of eastern capitalists the largest interest was held by the foerderer estate originators of the vici kid industry these people have not withdrawn from the park city district althey as they are now interested te in the park city mining and smelting smelling Sm elting company according to officials recent strike of sensational kind recent exploration work carried on by the park city mining and smelting smelling Sm elting company near the line of segregation of the judge and the former daly west ground has resulted in a discovery of startling importance as well as of unusual interest in a fissure system one of the most productive in the daly west mine which has paid approximately and has a gross output of at least 21 but in a totally virgin horizon a bed of ore that gives ives tin unusual uSUal promise even as deposits in park city go has been exposed although exploration has opened up a body of mineral seven feet thick fifteen feet wide and fifty feet long as ore is showing strong in every face nothing is known of the deposits limit moreover a deposit of the same character and apparently the same persistence has been found feet distant in in the same general ore channel over tons of ore shipped from development work done in the new deposit assayed according to the miana management gement to the ton approximately ounces in silver 15 per cent lead and 5 per nt copper the ore a heavy sulphide replacement in i the e limestone is said to resemble the product of the high grade productive in lower horizons of the daly west the story of the manner in which this recent strike was as made illustrates the apparent inexhaustibility of park city deposits and the regularity of ore occurrences recently the management decided to prospect a certain linie lime stone quartzite contact very productive in judge territory but ut unexplored hitherto in daly west ground accordingly a raise was put up on a daly west fissure which in lower strata had been very richly mineral 17 iced when the objective contact was reached high grade ore was broken into the strike is important from the fact that the fissure system with which the ore apparently is associated has never been explored in judge ground as well as the fact that the discovery has been made in an horizon of the daly west further favorable news is that in the last sixty days the bonanza flat portion of the judge holdings 6 has yielded most encouraging results and the discovery of a large an body of milling ore of exceptional grade has been definitely established |
