Show UTAH METAL AND TUNNEL AT BINGHAM GETTING RESULTS FROM DEEP WORK utah metal tunnels development campaign is reported to have disclosed some very interesting ore possibilities bili ties at the property says the boston commercial some time ago utah delaware mining controlled indirectly by anaconda leased a certain part of the utah metal tunnel el property for a term of five years with privilege of extension for five additional years at the end of the period the utah metal tunnel to receive as royalties 15 to 30 per cent according to the terms of the contract utah dela ware mining was to supply utah metal with funds sufficient to carry on an extensive development pro program b ram As above stated this work is now showing decided decidedly ly interesting results utah metal tunnel property consists of about a cres acres of mineral lands on west mountain adjoining the holdings of utah delaware mining utah copper and U S smelting smelling Sm elting holdings extend across the range to the th e middle canyon on the tooele thoele side some years ago the company drove a transportation and drainage tunnel 2300 feet below the crest of t the e range and e extending g over a dis distance tance of feet this tunnel has developed a large flow of water gallons daily the a i mounting to approximately water supply is of value to utah me metal tal tunnel part of it being sold to utah copper at an ail annual charge inasmuch as utah metals chief difficulty in the past lias has been obtaining adequate funds wherewith to develop the property and make it a paying producer the financial arrangements range rangen ments tents entered into early this year with utah dela ware mining may mean the bringing of utah metal tunnel properties to a profitable point of development some gratifying values in I 1 lead ead silver ores may be encountered a as s a result of the efficient working of the properties arc iper ties now going I 1 on the mining area which is being developed under the joint agreement between the two compa companies nies is that lying to the west of the fault mining rights to the territory formerly held by utah consolidated the arede wee we e to utah delaware when utah consolidated cr asor settled company the qu question estion of avex apex rights with utah metal tunnel in 1918 mining rights over ove r the area accrued to utah metal |