| Show THE T H E BOSTON AND TERRACE the united states investor in answer to a query as to the value of this companas comp anys utah property frequently mentioned in the mining review says years ago ore was hauled by teams from this property to the smelters shelters sm elters in salt lake valley and sold at a good profit I 1 have seen considerable of the ore from the mine and have had some of it assayed the returns obtained showed values of per cent lead 27 per cent copper ounces silver and in gold the work on the property has been carried forward with a great deal of energy one of the well known mining engineers of utah living at ogden reported to me some time ago very favorably regarding the property it may be a matter of importance to eastern stockholders to know that many citizens of ogden have taken large blocks of the stock of this company they are deeply interested in the property and feel confident that they will in time get returns for their investments the new cutoff cut off across the lake brings railroad transportation within five miles of the mine it is expected that this road will be in successful operation for handling local freight within the next two or three months it is my opinion that it if the stockholders of the boston terrace company hold on patiently they will in time get good returns for their investment at least the prospects are promising considerable of the ground is already patented and work enough has been done to patent the rest of it the property is located in what is called the newfoundland mining district on the west side of salt lake in boxelder Box Dox elder county utah and consists of acres the company has done something like 2500 feet of development work which consists of shafts tunnels and drifts the shafts of which there are ten ranging from 30 to feet deep this is a gold silver lead and copper proposition and the average of all the ores has been found to be 25 and upwards the property is located within five miles of the new harriman railroad extension but as the new line is not yet in a position to handle local freight the company will have to wait before it can ship its ores to the smelter in salt lake city which is miles distant the company has been in existence five years and claims to have tons of ore on the dump and some blocked out |
