Show LOST RIVER MINING CO miner mackay idaho the past week has witnessed a new era of prosperity for the alto mining district which lies about forty miles to the southwest of mackay A group of ten claims the mammoth golconda international international no 2 cabinet national north mammoth south mammoth sunnyside Sunny side and the portland were taken over by the lost river progressive mining company under an eighteen months lease and bond of this group of claims is rich in gold copper silver and lead with the two latter named metals predominating A system of cross fissures appear on the surface and some tunneling and shaft work exposed fine sulphides sulp hides at a shallow depth the ledges vary from three feet to eight feet and give an average value of 35 per ton the ore is of a smelting smelling sm elting and concentrating nature and with the work which is to be carried out by the new company is quite sure to develop into a property that will justify a good sized plant on the ground this company is composed of H W welter weiler mackay idaho W H dark clark james ivers and peter kass salt lake city utah john L weber goldfield nevada and hen henry ry welch of park city utah the ground they have taken over belonged to parties in and around mackay this company has let a contract to A F mckenna to run a tunnel on the group to a depth of feet the tunnel is to follow the vein on the mammoth which is about the center of the group and will attain a vertical depth of feet mr mckenna will work seven men three shifts in running the tunnel and is to have charge of the construction of cabins and other improvements which will add a few more men to the pay roll this is only preliminary work to prove the immense surface showings and if satisfactory is results are attained and there is no doubt but what there will be it is the intention of the company to drop down the mountain to a convenient point near the lost river ketchum road and there drive a tunnel about feet which will tap the ore bodies at a depth of from six to twelve hundred feet this is considered one of the most important mining deals central idaho has ever had for the company is a strong one and the ground they have acquired is one of the very finest showings in the state and the development of this ground with its sulphide showings means much to the country and wil open up a new producing district H W weiler of our city was instrumental in bringing the deal to a close and he being associated with the company will look after the mackay end of the business aff affairs airs of the same he is a progressive and energetic worker for the district |