Show SHAWMVT SESATON One of the Most Important J Strikes Ever at Bingham MINE DIVIDENDS FOR APRIL ITheiflOSt I They Aggregated 227500 The Swansea Opens the Ball With S5000 for May Tho United States Properties Pass Under the Control of of Bert Holdcn Good Progress the Nov Smelter Tin Assays SatisfactoryGold Dust Receipts for April Mining Notes and perhaps the The most sensational strike that has been most important the present sea registered al Bingham been made In FIIII Is that which has Just the properties oC the Shawmut Mining the real extent of company and while been determined in many It has not yet 1 vvcys it corresponds with the most important im-portant disclosures ever achieved at the Highland Boy or In the properties oC the Blngham Copper and Gold Mining company It has now been Inspected by W B Andrew the companys manager man-ager and Herman H Green the well engineer under whose Known mining direction the prospecting of the Shaw muts domains was ilrst undertaken enthusiastic of whom arc most both Samples brought In by them yesterday In rich enough from the new strike are time red metal to opcalc for themselves the ores showlnsr all the varieties lu which the higher grades of copper oc at Blngham while in the same classes cur at the Highland Boy and Bingham Bing-ham the gold values have ranged from 5S to 91 I per ton The samples that afford distinct examples of chalcopy rite bornlte and covelllte were taken Irom a breast of ore of which no less than six feet was exposed at a depth or 120 feet in the main shaCU when the visitors withdrew and while returns had not been obtained from the surface last night It Is not believed that the average will run below 10 per cent copper cop-per This chute of highgrade which was broken into at a point thirty feet below the tunnel level occurs right on plumb of the shaft and to reach it at greater depth the shaft will be put to 2Q0 feet where a level will be established estab-lished and drifting commenced Of the remainder of the property Mr recn reports having found no less than sevenore chutes opened up and under development while already there s blocked out enough to keep the new milt supplied with 100 tons daily for no Jess than eighteen months although competent experts have estimated the volume In sight at over 100000 tons The new hoisting plant Is reported working perfectly the pump is throwing onough water to meet all the requirements require-ments of the mill and work Is progressing pro-gressing In such manner as to insure the starting up of the plant in July Over the strike there is much enthusiasm enthu-siasm among the neighbors of which the Jersey Blue Is a very near one |