Show rich ICH ORE IN GOLDEN P 1 treasurer the white porphyry hill directly north and so conspicuous from vernon marks the site of the desert 1 view 1 7 bew group the property of the golden treasure company this group of claims consisting 0 of the deseret view desert view E extension and desert V lew fraction possess the very great advantage of being in the immediate vicinity of af the original loc location altion of the district and in the very heart of the proven mineralized zone these claims were located june 1906 1000 6 and in february 1907 were sold to the union trust and investment company of salt lake which paid for them in full and organized the present company to which they were transferred immediately on securing the property development work was begun and a small vein was opened up that assayed from to per ton in gold and silver some of the high grade of which was sacked and sent to salt lake Sin sinking kinIg was commenced on the vein considerable surface work done and a shaft started which however had to be temporarily discontinued pending the securing of timbers tunnels have been started on both the east and west sides of the hill and are now being driven with all possible sible speed the tunnel on the east side of the hill will attain a depth of about feet under the vein of high grade ore developed on the surface and should be complete in about aboud forty days three distinct gold bearing ledges can be traced crossing through this property all carrying good values on the adjoining ground of the seven troughs buckhorn on the south two ledges have been and exposed right up to the south end line of the golden treasure one of these ledges three to four feet in width averages from 30 to 40 in gold on the extension claim a stringer of very high grade ore has been opened up and work will be commenced on this in the very near future all of the ore so far found has either as hanging or one of the so called black dykes which are a metamorphosed porphyry lime is found in connection with it and should the theory advanced that a vast body of limestone underlies the mines of the goldfield district be true it is reasonable to suppose that the same conditions condition s exist here as the formations and topography are in many respects the same the work of developing this promising property is being done under the able superintendence of 0 mr fred redmond mr redmond is a man of thorough technical training being a graduate of the colorado school of mines and a postgraduate post past graduate of the university of practical experience the officers of the golden treasure com com pany whose office is located in the newell building salt lake city are thomas homer president tom D pitt vice president W P cooper secretary and G R cleaveland Cloa veland treasurer this company recently placed an allotment of its stock on the market ia a salt lake lahe and it was snapped up by local investors within 36 06 hours it should be gratifying gratifying to the stockholders to know that the golden treasure is spoken of at vernon as one of the most promising properties of the district work on kindergarten extension in search of the famous ivor lode of the kindergarten group the kindergarten extension company is dri driving into the great porphyry hill rising majestically from the south side of se seven ven troughs gulch this territory presents a concentration of activity seldom witnessed in a mining camp on account of a number of sensational finds in the vicinity a host of leases have been secured on adjacent properties and an army of men may be seen burying themselves i mole like into th the e earth in the search for the rich veins lending interest to the efforts of the kindergarten extension people is ali the fact of the practical certainty of the kindergarten 1 lode cutting their property 1 and this belief is strongly confirmed confirmed by the considerable showing of free gold developing in the face of the tunnel this tunnel will be driven to a distance of about feet cutting the very core of the mountain at a depth of about feet from the summit |