Salt Lake Tribune | 1908-08-19 | Page 6 | Tintic Silver Crown Company is Formed

1 1 I TINTIC SILVER CROWN v I .COMPANY IS FORMED vm r ktlt" Local Interests have orgnnized n now B j f y mining. company to be known as thoTin- y'ijlf H I lie Silver. Crown Mining company, taking IHllFf over a group of 24 claims in the Blue KilJK Bell district to the west of the Tintlc EiiiiTm camp. State Auditor J. A. Edwards is H91HM president. L. Yv. Snow is vice-president IflliUii " ' and M. L. Snow is secretary and treas- Kfilni ' urr. The company is capitalized for 1.- IciUttt i 000,000 shares, par vnlue ten cents each. IFlHtt' : To the east of tho group is tho Jnterna- KafttU. 1 tional property, whllo the Walker nnd 11 ml l- Short groups aro on the north. The terri- v&Iinir ( lorv Is' nino miles from Dunbar station. Zll lirl i A tunnel on the Silver Colorado No. 1 Iffilf I i:loim has opened ores that vun 39 per cent f;ll M i lead, 10.S ounces silver and a trace of !! r'! 1 sold. Samples from the dump show tho fRJjh' i presence of VI. 5 nor cent lead and. 10.1 pullH J' i ounces silver per ion. On the surface of VlHil ! 'ho Silver Colorado Xo. -1. ores have been ?jiH ; assayed with thu following rPbuUs: 2S Riflwl ; per' cent lead; 10.4 ounces silver, and SO dtft ! cents gold a ton. On tho Galena Xo. 1 SPIff I ; claim ores are found that assay 11. S per T'fjf I i cent lead and 7.4 ounces silver, while on t'llT I ' th& Silver Colorado No. P. ores run 05. 5 'Kill I i Per cent lead and -IS ounces silver, with TiJL l I a trace of pold. The company will begin j!f. j f I development work immediately.