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Show DALY MUG WILL build era Colonel E. A. Wall Discusses Dis-cusses Condition of , Property. The Daly Mining company, the property prop-erty of whivh i- lo.-atcl in thf Park City .list rir t. h?s v.r.Acv t-onsiiiprntion the erection of a millinp plant of ap proximatclv l.Vi tons .lailv oapacitv cording to Colonel K. A". Wall. Relative Rela-tive to the phvsionl condition of the pronorty. CoIoppI Wail says; I am p!ear,l to be ablf to av th.it siilistHntial prores has be on ma. lr .luring the last year in efforts to ii;over something of a! tie in UTi-Jev.'Iopea portions' of tho Palv oin pa n 's propertv. Progress, hnvrer. I h been neoesar;lv s'ow, rh'rfly bei'a-i-e of limited available fiitt'Is. as w-Ml a from the f.-u-t that ar't'T a fruitless stni-Ie of more thnn four years mth the several superintendents cniploved to procure pro-cure exploratory work to be made in certain sections of the propertv, thought by the presidfnt to be most fnorable for ilUfovprv of al-uablo al-uablo ore bodies, he personally undertook un-dertook several months apo to di-rret di-rret all development work bv telephone tele-phone from this city, which' method, meth-od, I think yon will aroe, was for a partially blind man quite the bet available. At all events, this is the manner in which it has been, now is. and for some time in the future will continue to be done; nevertheless. I am quite familiar with the geological structure and yein formation of the Park district in general, and have some knowledge knowl-edge of the Paly mine workings, besides am able to examine maps and deduce therefrom probabilities satisfactory- to mvself. It is generally understood that rorrions at least of the great ore-bearing ore-bearing veins which traverse the property of the Paly com pan v, as well as neighboring properties, have never been found" upon the Palv property, and therefore my efforts have been directed with a' view to discovering these lost members of the ore-producing system. Whether, Wheth-er, if found, these undiscovered portions of the vein system shall prove to be productive within the border of the Pah- companv 's property, of Course, can only be "determined "de-termined after actual discoverv and development. T am pleased to be able to say. however, that some comparatively small bodies of ore of excellent grade have alreadv been discovered, and at the same time some knowledge has been gained regarding effect of certain faults and displacement? whi.-h for years have concealed the whereabouts of lost portions of the Ontario vein in its course across the Paly propertv. Some small bodies of excellent ore have also ben found in the iimestnTve bordering on the Palv vein, that is. in the so-called '"Park f ity formation, ' ' whi-'h overlies the entire svstem of th Palv min and which has been and still is o pmd lie rive in th properties of all the ereat producing mine" within the diAriet weterlr from th property prop-erty of the Palv company. In t'ri co mection T think it is "fair to a-ume a-ume that this formation will be t Oil nd to be productive of much valuable ore within th proper of the Paly company. Should development devel-opment result in discoveries of appreciable ap-preciable importance, all stockholders stock-holders will refive full and Urr.e-3y Urr.e-3y information thereof. In regard to the construction of a mill for treatment of The r r,m-r-anv's so-called low-grade or, we hai-e under consideration the erection erec-tion of a plant of about l.ri tnr.s daiiv capacitv, upon the aite of th o'd Marsa. mill: the chief object bein to trftt the large ho-lv nf rf iofta or ''fill"' whi-h remained in the old stop'-s and upon the dumpa. and which it is ' i,'iop an now. owing to the advar.ee in Thc pru-e of the met;ii.s. rc profitably prof-itably treated bv e on-i-em-ratior), , followed hv rvanidation. There ! also a considerable, ountitv of low-Sfrade low-Sfrade lead. 7inc sulphide ore px-posd px-posd in the lower U-v-U of the mine, which can aUo bp handled profitably bv corKTit ration. It is also proixHeri to install at the mouth of the Ontario drain tunnel a h vd rn-eU-.-tri'- power pbint. whii h ill make availa'oi" t!.e L.'a'v com-par'- s one half hare of : j,f o-n ership of the flow of wat--r from thit tunnel. fnr this pi'rpoe. rn we as the cor:Mction of the miil. some form of loan will be negotiated negoti-ated wherebv the n '-' r v f u ndi rr.av he obtained. Minim' leaeq upon all pnrt ion s of the Palv com pa n v ' prorerf v have been permanent lv di" on tin. led. |