Salt Lake Tribune | 1918-01-23 | Page 10 | Outline Plans for Lehi Tintic's Future

OUTLINE PLANS FOP, LEHI TOTS FUTURE; More Than 1500 Sacks of Ore Awaiting Shipment; Raise to Be Driven. In connection with the notice of a levy ! of a n'trter of a cent a.---essinent , ti;e LchI Tintl.; Mmin; company yesterday j mailed to stockholders a circular letter in -which the operations at I lie property were reviewed and the plans for further development outlined. The letter taid in pat t: The present strike is no s irprise to the management. To understand why it has been so lone; delayed it is necessary to go haclt foraewlut into the history of the property. In the heglnnintr. work was suu-ted on vein outcropping at the top of the mountain. From tiiis point transportation trans-portation of ore was most difficult and expensive. However, an incline was sunk 200 feet, when a bedding of loo feet of rich ore was encountered. Twenty carloads car-loads of hlsh-frrade silver-lead ore was shipped, averaging J4o a ton. It ran 45 per cent lead and .'!0 ounces silver. Work was continued to a depth of 600 tet, encountering a scries of benches that made necessary the handling of tho ore and waste six and seven times before tt reached the surface. Mining methods were at that time crude and the expense was consequently very j;reat. However, at a depth of tiOO feet an immense im-mense body of ore of too low grade to ship at that time was opened. A low tunnel was then driven 1:100 feet to connect con-nect with this ore body. This tunnel not only demonstrated itti continuation, but also witii surface showings proved two and possibly three well-defined oro-bear-ing fissures that gave promise of high-grade high-grade shipping ore. It was then that the scientific development develop-ment of the property was begun. To cut these .fissures and to handle the ore with one handling through a tunnel that would emerge at a point whero easy transportation transporta-tion could be had to the railroad, it was found necessary to tunnel approximately 2200 feet. The work was hampered by lack of finances and poor mining facilities, fa-cilities, but is finally nearing completion, with the result that connection will be made with the immense low-grado ore bodies above, and what is known as the Empire vein has been opened with one face of four feet sampling as high as 82.7 per cent lead and ,:2 ounces silver and another face sampling 59 per cent lead and 3U.fi ounces silver. More than 1500 sacks of this ore have been brought to the surface In developing the strike which will average around 10 ounces in silver and 17 per cent lead. This ore Is now awaiting shipment. A raise will be driven in this ore some 300 feet, which should block out a great tonnage of high grade, while about 150 feet still farther to the north surveys show the principal body should be encountered. en-countered. The management has every reason to believe that Lehi Tintic is 'now into a great shipping ore body, the extent of which no one can foresee. Competent engineers have declared that the company com-pany has the extension of the Tintic Standard ore body. This mav or mav not be true, but it is true that the present ore showing justifies a much higher quotation quo-tation on its shares.