OCR Text |
Show RUSHING WORK ON THE EUREKA KING Official Statement Eegarding Present Conditions Is Given Out. The management of the Eureka King Mining i-owpany, with property located in the North Tintic district, yesterday gave out a pmtement to the effect that development de-velopment work was t'eins rushed and thure was every reason to believe that larye and rich bodies of ore would Boon he uncovered. Cun-'t-rninfr the property itself, th iciutement. in part, follows: It contains approximately 3000 fet each of the two prat porphyry dikes which come fruni the region of the Tintic Stnnd:mi, Iron Blossom, Colo-tatl-j nnd LJodive. Il contains about two miles of the lime-iiuartz contact which comes from the southwest, where it has enacted en-acted the t'entennial-Eureka mine to pav $4,0m0.OOO dividend; the Bullion l;.-.-k about ?.3.nii.jrt dividends; the Gemini $:i,!fi0.nuij dividends, and other amounts nearly as large. it contains about three mileB of the east and west break which leads to the Scranton and New Bullion mines. It contains an iron blow-out in the east and west break, which miners who have worked In Tintic fourteen years say is larger and has more iron Plain than any other in the Tintic district. The east and wept break intersects both the jo-eat porphyry dikes and the lime-quartz contact on the Eureka King- property in such a manner aa to make an almost complete large triangle. tri-angle. The area Included in this triangle tri-angle Is about one square mile, and the formation is fossillferous limestone. lime-stone. Intruded at intervals by north and south quartz veins. |