OCR Text |
Show TINTIC PAYMASTER PROGRESS IS STEADY Satisfactory progress is being made in tho drift which is being: "driven by the Tintic Paymaster company from the 350 level of its main shaft, according to Greeley Gree-ley Snyder. This drift was be'iin about a month ago to cut two important vein, which on the Lehi Tintic estate have ! been proved to be highly mineralized. At the depth at which these veins will b-opened b-opened up in the Tintic Paymaster, it t' expected that even greater mineralization will be encountered than on the Lehi Tintic ground. Mr. Snyder states that the drift which his company is driving will cut the formation forma-tion fully 750 feet deeper than tho main tunnel of tho lehi Tintic. He ia highly enthusiastic, regarding the North Tintic section, an'd feels confident that early in the new yuar there will be important disclosures dis-closures in both the Tintic Paymaster and the Lehi Tintic. Both of these companies are doing systematic development, and the outlook could not bo more promising. I Regarding the Tintic Union property, in ! which he is also heavily in teres u-d, Mr. Snyder t--ay.s that arrangements are now . being perfected lor a campaign of work to be started e;irly in the coming year. The , ground of this company is in tlie most important im-portant part of the Kast Tintic district. |