Show NEW STRIKE REPORTED AT PARK GALENA last week a new strike was made at the park galena property which from all indications promises soon to develop into an immense ore body and likely put the park galena the old glencoe in the dividend paying class reports the park city record of the ten feet of ore was opened up which has been followed so far some fifty feet without as yet determining its limits manager 6 featherstone informs the record that the average value of the new strike is 15 per cent lead and 19 gozs silver A noteworthy feature of this new development which was made on the level of the property or feet below the main tunnel level according to mr featherstone is that zinc and iron values are being replaced by lead in the past values of the ore opened up on the upper level have been chiefly in zinc and lead since taking 6 over the property the park galena mining company headed by william anderson as president and manager has been following a policy defined with the idea of thoroughly and systematically developing the old glencoe estate consisting of acres in a highly mineralized but little developed part of the park city district results so far have exceeded expectations since last september the company has produced twenty seven carloads of ore while putting the mine in shape for economical exploitation the new strike comes as a result of the companas comp anys determination to develop the lower horizons that in other mines mines of the park city district have proved so profitable one hundred tons of ore was marketed from the park galena the past week |