Salt Lake Tribune | 1904-07-10 | Page 28 | Continental's Fine Exhibit

CONTINENTAL'S FINE EXHIBIT Alta Proposition Now Coming to Market With "Five Hundred Tons a Week. A mllllqn .pounds of ore a week frcm the properties of the Qontlnental-Alta mines at Alta Is reminiscent somewhat of an output that In an qarly'day camp from tho illustrlouq E;mma and. Flagstaff Flag-staff mines and of a period wheal the mines; of that camp leu the procession of producers. The qijtput pf the Continental Con-tinental at present, however, is confined con-fined largely 16 the second class ores that have , Cound an 'cat'er market at the valley furnaces and .that h,avb been accumulating through the campaign of winter development, thevmovlng of the first class to follow In a few days. Reference Ref-erence to the record durjng" the day shows an average for these second clays ores of 15 per cent lead, 15 ouncea silver, sil-ver, 2.7 per cent copper with $1 gold per ton an average which compares favorably with the first class ores of some camps and with an ail-rall outlet out-let for them, such as the tramway will afford. It Is not difficult to sight dividends divi-dends before, the close of the year. Meanwhile ores arc piling up at the properties that reveal an average of 25 per cent lead, 16 ounces silver and $1 gold per ton, with a, troop of leasees working In a similar class of rock, while a third variety now coming to market shows 24.6 per cent lead, 24.1 ounces sliver, 7.4 per cent copper and $1.20 gold per ton. While the signing up of the contract fpr the use of the tramway has been delayed, owing to phanges at the main offices of the Rio Grande system, said Manager Crowthcr, he feels that It will be ratified In a short time.