Show STRIKE IN BIG cottonwood COALITION HAS EARMARKS OF MAKING A MINE following ten years of trial and tribulation made more strenuous through the levying of numerous assessments manager will G romney of the big cottonwood coalition mines company states that an ore bearing fissure has finally been tapped in the foot tunnel the vein is averaging six feet in width and the ore which was opened just recently is making in and out from a few inches to four feet thick the drift as this is written has produced about ten en tons of silver lead ore that sampling indicates will run from 60 to 75 per ton enough work has not yet been done to figure on ultimate results but manager romney and his associates associate s in the enterprise are now sanguine that their hopes of making a mine are soon to become a reality development work in the fissure is progressing steadily after the tunnel had been driven for feet in a southerly direction from its portal which is only a short distance south of the main highway running to brighton at the head of the big cottonwood canyon and the exposed fissure had not been encountered it was decided to employ J M boutwell the noted geologist in a consulting capacity after making a close study of the formation he advised that the tunnels direction be swung off more to the southeast the changed direction had only been followed a short distance when the vein vein was cut with results as stated the fissure so far as we have explored it said mr romney when questioned a few days ago has an apparent strike in a north northeast ea st southwest direction we are now following it to the northeast and the objective point in that direction is still some distance ahead when that is reached we expect to encounter a body of ore worth while at the same time we are planning to drift in the vein from the point of intersection to the southwest we have a right to expect that ore will make in that direction also anyhow we now have reached a point where real development can be done with reasonable prospects of success As indicating the faith of the men who launched this undertaking years ago it is only necessary to state that out of the million shares of capital stock there are now about shares in the treasury one assessment after another has had to be levied to drive and equip the tunnel approximately Ci feet more than a mile and acquire the large pro acreage owned by the company at times it has meant sacrifice to some of the shareholders to keep their great holding intact but with isolated exceptions they have clung to the ship until now they are buoyed up with the hope and belief that their troubles are nearing the end it has been a long hard fight and the owners are entitled to a liberal reward for their display of nerve and it ivaness |