Show around the state chief consolidated has posted its initial divid dividend eld for 1926 it calls for loc a sha share re and will be checked out february 1 it is reported that a deal is pending for the sale of the properties of the monarch mines company in the lakeside mining district tooele thoele county the proposition is controlled by american fork interests the utah apex mining company closed a deal on ifie ane for the purchase of the mountain chief group of claims from J K shaw and the hirsch estate the purchase price is said to have been the group embraces acres adjoining utah apex ground on the north A few blocks of ground in the gemini a are re now being worked under the leasing g system and a shipment or two of ore will go out in the near future says the eureka Re reporter jt R is understood that shortly more extensive mining mining operas eions will be under tinder way in this mine which is a part of the chief g group of properties another strike according to F r 0 mcfall mine superintendent in has been made in the deiv new development work on the maud S mining claim of the utah premier mines company situated in the star mining district the harrington hickory mine lies to the east and the wild bill and the moscow mines lie to the south arid west the glenallen glenellen Gle nallen mining company Com pairy with valuable properties at park city utah has blew up again to satisfy 4 a judgment of prince franc francesco c represented by william brown agent the pro properties berties were sold at sheriffs sale at heber city utah on the ath instant for this probably means another reorganization the milford coppet copper company operating near milford under the management of alfred frank salt lake operator and mining engineer has resumed work and is shipping a flu flux x iron ore to the smelters shelters sm elters A large body of this ore has been opened up in the property which carries according to returns on the last shipment 55 per cent iron the ore also carries some lead and silver silve r values but the iron is the only pay ore so far developed i it is reported that B K block has made a deal with the national lead company by which if his peacock copper property in beaver county meets expectations the national lead company will purchase it ata at a price said to be around A payment is said to have been made on the ad instant to be followed by monthly installments agreed upon A force of men it is understood have been put to work with the purpose of proving up the ground which will finally determine the fate of the deal tony ferkovich who is in charge of the development work on the Ser sisko property which earlier in the year was turned over to park city people under a lease and bond arrangement was in eureka recently and told the reporter that he is now using a force of six men and has the main main tunnel in a distance of about 1500 feet since the property was turned over to paul hunt and associates of park city a total of about feet of work has been performed these operators got the ground rather late in the year and had no time to equip it with machinery but they have announced their intention of taking a large compressor to the ground early in the coming spring H R trenholm mines manager of the knight interests who was in salt lake recently reported that gratifying progress was being made in the empire mines property at tintic gintic on the 1200 level in the ajax formation two strong fissures have been opened up the largest of which shows two and a half feet of quartz carrying good values the heading on the 1800 level is cutting a strongly mineralized formation in the da damar dagmar 6 mar series conditions indicate on the 1800 that the largest large st of the two fissures being prospected on the 1200 level is being entered the from the 1800 level has attained a depth of approximately feet at this depth the teutonic formation prevails in another feet more the objective ophir formation with which ahe he ore bodies of the tintic gintic standard are associated should be entered ac according cordin i g to mr trenholm J C dick C C burt and R A hart were elected president L vice vice pres president ident and secretary treasurer respectively at the annual meeting of the governing board of the engineering gi council of utah held on the ath instant at the university club elections to the board which was r reorganized ore gani zed were also held As now constituted this body is composed of the following each representing a different branch of the organization george M bacon state engineer representing the american society of civil engineers L D anderson mechanical mechanic af section joseph F morrill and H T plumb electrical section J C dirk and C T van winkle mining section R A hart ernest gayford and IV E ware architects H G harmon and C C burt salt lake chapter C W cross ogden chapter and E A jacobs provo chapter of the association one of the outstanding achievements in the way of new development work during 1925 is that of the silver shields operations on the independence property in the east tinta gintic c district the independence at the time the majority stock was acquired by the had a shaft down about feet in the porphyry arci and development work had ceased the silver shield took erthe ov property and agreed to sink the shaft into the ophir lime and then drift out to crosscut on the contact some of the larger fissures crosscutting cross cutting on the surface the shaft was lowered to the foot level early in december and a station cut and the work of crosscutting commenced the ophir formation was encountered al feet and sinking operations continued until the ophir 1 lime contact with the quartzite had been encountered at feet in the latter sinking a sandy lime and shale predominated and finally about five feet of very solvable able lime was encountered that is encouraging in the tintic gintic district |