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Show ICIMHIS IN THEJHIGH-GRADE Car of Ore Just Settled For Nets Company Better Than $220 Per Ton. From the lo'-al offices of the Michiyan-l Michiyan-l 'tali of the Alta-' 'oi ton wovl-H yesterday 'unie the announcement of the shipment of gome hUh-fccrade ore, the settlement rece'.p's of which are a demonstration of the value.-;. The average of the one car referred to showed values of ,0'-'.2' gold, 112.7 ounces silver, 14.1 per cent lead, I'J..'!! per cent copper, which at the prevailing pre-vailing pri-.. of ti.e metals yields the company com-pany bet u-r than per ton, with en-t en-t ouraoiii'-nt to be found in the fact that advmicn rather than depression In the m-J;il market Is indicated. President Norman V. liaire, i rt a. statement state-ment Issued yesterday, said: An average of two curs of ore per day, or practically nixiy tons. Is being be-ing shipped down the canyon over tho tramway and by team lo Wasatch. Tiiis ore is high grade, but not so phenomenal phe-nomenal as the car just settled for. yet ihe. lowest of it runs better than $25 a ton net at the smelter. Tho development In the crosscut from the Lavinia tunnel is probably an entirely new fissure. It seems to be a true fissure, and apparently runs to great depth. It has good width, and' is well mineralized between the walls, and In numerous beds leading off from tho fissure. This high-grade ore came from near the crosscut, and on a plane adjoining tills fissure. The company has named this fissure the Harrison. It seems to be separate and distinct from other fissures on the Grizzly location. Sinking on this vein from the Lavinia La-vinia level has progressed about seventy-live feet on an incline, and the ore Is going down strong. Work started on the Grizzly level, 175 feet below the Lavinia level, has also encountered en-countered the new vein. Tho company has been developing some ground in the Copper Prince tunnel on its own account. The work In the Copper Prince tunnel, tun-nel, 220 feet below tho Grizzly, or 45h1 feet below the Lavinia, also encountered en-countered this vein, and ore Is being taken out from four different places. This ore Is high grade. In the City Rocks, or Black Bess vein, high-grade ore Is also being mined. The values above referred to 1 ara not from Ihft smelter KvprV face In the mine is looking well, and new ore is encountered as the work progresses. There le more ore in sight in the old Tavinia, Grizzly and City Rocks workings than ever before. be-fore. The company's financial affairs are being placed in excellent shape. There was some trouble with ore haulers from Tanner's Flat to Wasatch Wa-satch during The months of October and November, but this has been straightened up, and everything is working smoothly at that point. Snowslides took out two towers last Monday, but they were soon repaired and the tramway Is working nicely. Altogether there are working on the property more than seventy-five men. The management Is especially pleased with the developments that are being made on company account and holds that conditions indicate the making of a great mine- |