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Show TINTIC STANDARD IS " OPENING II VEiN New, .Slinl'i Kxpecfed lo Opcir Rich Resources in barge , Vein System. A crosscut sent squarely into a great vein of iron ore for So feet, and with every indication of tin? vein being over 1 00 feet in width," is (lie condition at present on the lower level of the Tintic Standard properly, in the eastern pnrt of Uic Tintic district. This crosscut has encountered some very rich bul small streaks of ore. and I he general average of I ho entire dislanco so far driven in about two ounces silver, with a trace of lead, while the gold values have ranged from L'O cents to $1.50 per Ion. t ' Jt is the evidence of extensive leaching, however, which gives tho management lo believe that with depth will be found exlcnsive and rich bodies of ore. To demons! rate this, I he management man-agement has a contract for sending the new shaft to tho GOO foot level immediately, immedi-ately, and while this sinking is being done, raises will be driven from the 4J00 and -100-Toot levels lo meet the shaft and to expedite this development. Urading work for the new hoist is now being .done, timbers for the shaft are on the road, and the gallows frame is being put together at the mine. The ollicials believe that the sixlh level will be productive of some big results. The can sec the results of the leachinir process which has been under wny in the various mines, and the richer portion of the veins show generous values, where the leaching process has not. progressed to the thorough thor-ough extent it. has elsewhere. It. is also thought thai at least, three of the big veins so far demonstrated will come' together to-gether al dopih. The company has completely financed this new development, develop-ment, worlc, and nothing lies in the way of sending the shaft and its drifts and crosscuts to the points determined on. |