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Show BEAVER BUTTE CO. ' TO RESUME WORK Property Lying Just South of Sheep Rock to Renew Re-new Operations. As indicative of tho mining revival h;tt has struck the Newton district in Beaver county, the management of the Beaver Hutte Copper company announces I his week the resumption of work on their property. lylnsr a mile and a quarter to the south of the Sheep Rock, the sale of which was reported a few days ago to a syndicate of eastern capitalists represented represent-ed by Senator A. B. lewis of Utah, says Lite Heaver Press. To call the Beaver Butte a copper company com-pany is evidently a misnomer, which will doubtless bp corrected at an early date. Mnee It has been found tha t the main ledc running through the claims owned by the company carries straight sold and silver values and js In fact believed to be J took is mining". Work ceased on the Beaver Butte nearly near-ly two years ago from lack of capital to pursue the development. A shaft was sunk on a vertical vein to a depth of 150 feel and the vein was crosscut at every t wen ty-five feet, and it was found that the vein increased in width two feet at every one of these intervals, reaching a iota! width or ton feet at the bottom of t lie sha ft. The values remained permanent, perma-nent, ransini: from 5 to ?S. but owing- to ' lack of equipment no mil testa were made. Acunlin- to Sherman McGarry, superintend super-intend en t of the property, under whom t ie present devHcvnment wdll be conducted, conduct-ed, the uU'inp shows along" the surface i'f the tlaiui for fitin feet and that, in f'a'-t, it is possible n walk along the ledge directly di-rectly in t hr Shef p Rock mine. The plans contemplate drifting- on the I ."hi-Toot levt-1 and the installation of an ele.'trie h"it. A mill test of fifty tons "ill probably b- put th rough the five-siamp five-siamp null of the Sheep Rock mine in the n- ar future. The Beaver Butte company o"'ns fifteen Halms nl.ioinn;r t he Sheep Rock propei-ties propei-ties mi the youth and its stock is held by Salt Lake and Beaver capitalists. K. C. MeOraiw mid Sherman McGarry of Beav- r. with t:. H. AltholT of Salt Lake, are the controlling stockholders. Wilforrl Jlobhison. O. F. McShane. John Murdock " B-avei". and Leon Joulet of Salt Lake are also heavy stockholders. T'ndei- tli" recent deal with the T-ewis ' yndicaic for the purchase of the Sheep Rock, options were also taken on the i'eaver Bnttp. the Beaver Gold, the Busy He and other properties, the price to be paid being quoted to be a very consid -era Me fim. The stockholders of the Befver Butte and other companies will hold Piee'.ingy this month to pass on the H.'lkui of the directors to confirm or reject re-ject the proposed sale. The combined aeieag'.' under this deal includes nearly :.T.fin acres, lying" alons? a pronounced min-e min-e ra 1 ;;one on the western slope of the Bea vr ra nsr. Tliis zone, which is admittedly ad-mittedly fifteen or eighteen miles in lenarth. has an indeterminate width which many believe extends far up , into the mountains in the vicinity of Mount Baldy, and even to the eastern slope of the rang-e, where the famous Annie Laurie mine is located. Experienced prospectors from Nevada and other district of Utah are arriving oaiiy and after cursory examination report re-port excellent indications of a mineral zone much wider than already known to exist. They find an ideal prospecting country, with plenty of wood and water and with few exceptions declare their intentions in-tentions of spend ins the summer in the mountains. where there is said o be miles of ground s'ill unappropriated with as good surface showin.es as the ground already taken. Mining men without exception ex-ception are looking"; ennfideivly for a heathy boom in the Newton district this summer. |
