Show LOCAL MINING MEN ORGANIZE TO OPERATE WEST OF THE LAKE out about a mile from groom a station on the southern pacific pacific railroad in boxelder Box elder county utah is an old mining property that was productive of considerable shipping ore years ago but which through the death of one of the chief owners was closed down and became neglected just recently through negotiations of local mining men and engineers the widow and other heirs to the dr ross anderson estate consented to the formation of a company to rehabilitate and operate the mine consequently the pacific copper company with a capitalization of par value loc was organized and the incorporators got permission from the state securities commission com to market shares of the treasury stock the proceeds of which are to be utilized in doing additional development work in the mine and getting the proposition in shape to begin production again with the line of the southern pacific within a mile of the dump the transportation problem is already solved though the management of the new company figures that development of the property will be of such favorable nature that the building of a spur for loading purposes will become a pressing necessity in the near future in fact the spur is already graded it is said the property is equipped with much of the machinery buildings etc that will be necessary to get work started quickly and a force has already commenced to put everything in first class condition for the inauguration of on energetic campaign including si sinking aking 1 I of the shaft for an additional feet and drifting to an ore body of pretentious size developed years ago in near surface workings in the organization of the company H H bourne was made president eu phemia euphemia anderson vice president and elliott V Af anderson iderson sec secretary detary treasurer with al superintendent in charke charge at the mine other directors named are berkeley aon olson A G burritt and J A previous aou io pus bensio enston n of work at the property about I 1 I 1 N I 1 I 1 and hoist had been installed six six years agap ago a compressor and a shaft sunk seink idt to th li foot level where the vein vein was drifted in for thirty feet the vein is a contact between dolomite lime and quartzite and its dip is such superintendent r reports th that at it is likely tabe to be cut in sinking the shaft to the level while the or ore e prodoc produced ed an and hipped in in the past was an I 1 tre thi bottom of the shaft indicates the moisture appe anny oxide reached clied in the next that tai the a vill be rea in from six to ten feet in in width feet the vein is is said ro range ranche characteristic of astren strength th and permanency ind and has every F property carried about formerly shipped from the property the ores 10 oz silver an and d 2 gold per ton As 8 per oer cent copper to confidently expected values are arc these thes e i is gained depth neighboring property has just recen recently increase in fact a encountered ore in which the silver values have run up to hundreds of ounces per ton the property consists of eight patented claims which are owned without a dollar s indebtedness by the new company the location of the mine is one mile south of groom and about thirty miles this side of the nevada line in the newfoundland mining district freight rates to local smelt ers is per ton of ore and the treatment charges will be about 4 per ton which suggests a good god operating profit from the day shipments are inaugurated |