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Show !llPEX BIGB1S BE AGAIHjnfflEATEHING Litigation Appears on the Horizon Between Two of the Big Companies. THIRD WAITS DECISION Bingham Camp Stirred by Contention cf Utah Apex and Utah Consolidated. The never-ending question of apex rights has again turned attention of the mining industry to the Bingham camp, says the Eoston News Bureau. Here verbal ver-bal barrages have been fired intermittently intermit-tently for the past six months by two companies Utah Apex and Utah Consolidated. Consoli-dated. On the sidelines sits the Utah Metals & Tunnel company awaiting a decision de-cision between the two that it, too, may enter a claim. Utah Apex last summer discovered the largest ore deposit that had ever been found in its property. This was at a depth, too, that mining operations had never before been attempted. The ore body extended from the 1500 to the 1800-foot 1800-foot levels and was rich in lead and precious pre-cious metals. It is said that from this ore body Utah Apex has added substantially substan-tially to its surnlus cash that on January 1 last totalled $1,200,000. Since the first of this year the company is understood to have been earning net profits of from $75,000 to $100,000 per month, most of which was taken from this newly discovered discov-ered vein. Now comes the Utah Consolidated, which has entered suit against the Yampa. Yam-pa. Copper company, claiming it has been mining on the line bedding of the Utah Consolidated, and sets forth that the Utah Apex's newly discovered riches are but a continuation of the Yampa lime bed and as that ore body apexes in Utah Consolidated Con-solidated territory, Utah Apex is liable for having mined there. Several conferences confer-ences have been held between Utah Apex and Utah Consolidated, but as yet no definite step has been taken to bring the matter before the court. Another large deposit of ore was developed devel-oped last year by Utah Metal & Tunnel Tun-nel company in a lime bedding which is in dispute between the Utah Consolidated Consoli-dated and itself. This is the ore body that is spoken of in the annual report of the latter company as one the title of which is "expected to be settled amicably. ami-cably. " The discovery of tho large body of or in dispute between these two eompa nies was made last fall when the Utah Metal after following down a lime bedding bed-ding in its property for something over 1400 feet, came upon a large body of ore and discovered that its neighbor, the Utah Consolidated, was upraising from below in the same lime bedding. The workings of the two companies here came together and the respective managers man-agers have arranged to have the underground under-ground conditions examined by experts whose repprta are to be submitted by agreement to the officials of the companies. com-panies. Some of the most eminent experts in the country have been engaged on one side or the other of the controversy and they will begin examinations within the next fortnight. Among the examiners are Professor Emmons of Minnesota state university. Professor Burrill of Yale, Professor Pro-fessor Waldemar of Massachusetts Institute Insti-tute of Technology, George B, Wilson of American Smelting &. Refining company and W. A. Wilson of Salt Lake. |