OCR Text |
Show OUTLOOK FORMIC MINES REPORTED FIIE Samples Received From Eureka Eu-reka Bullion and Tintic Coalition. Hienly optimistic reports, along with a sack of very promising: ore, were received yesterday from the Eureka Bullion and Tintic Coalition properties. The ore specimens speci-mens were turned over to John Made-en and samples have been sent to the as-sayer. as-sayer. From the reports received Mr. Madsen expressed the opinion yesterday tint Tintic Tin-tic Coalition would develop sensat ional values within a very short time, and he said that prospects were unusually bright fur the Eureka Bullion. "The tunnel at the Coalition is in about Kii) feet and everything indicates that we a re on the east and west fissure uf the Tintic Standard." said Mr. Madsen. "The Coalition lies between the Tintic Standard Stand-ard and the Chief Consolidated, two of the biff producers of the district, and from present indications we soon will develop ore bodies that will create a sensation. The ore body we are now in containa both stiver and lead and is almost of a shipping grade." The report from Eureka Bullion was to the effect that the shaft was down feet and going deeper at the rate of about two feet a day. A body of iron manganese manga-nese has been encountered during the past few days and the mineralization is reported report-ed as improving stead hy. it is expected that the ore body will be encountered within the next fifty feet. The new hoist and other machinery recently purchased have been installed and are in service. The work has progressed very satisfactorily satisfac-torily during the past week, the loose formation which formerly gave so much trouble having been passed. It is predicted pre-dicted by those who have recently visited vis-ited both properties that Eureka Bullion Bul-lion and Tintic Coalition give promise of developng Into real producers. |