Show Mining Oil Oi and i I II I Financial Notes I 9 0 J VERNAL Out March 12 U Special The Tha The t crew w 0 of the Able Valley structure oil 01 test teat of 01 the Ih Utah Oil Oi Refining company compan Is I. now to lower 35 SU me to 2124 2120 10 feet fut for another before drilling deeper Progress Is I. slowed Flowed lp up because euH the cutters ct cut tero te wear off ot rapidly In the h send sand An additional boiler bier for Mils iOu 1 test tt has ha been ordered and win will wi be b. brought in by truck early next nat t week f from Green Oreen River The Duchess tr test Is down rb below nl SITS feet In I a brownish limey shale hal P. P r ST r. 5 ST. STANDARD U. A A. crew cw of ot men I. I busy bilY rUm the Ih shaft abat of the tho East Essl Standard located locate a short alot distance est east ras of the Sliver Shield mine The shaft hat will wi be dOl down don n to the water wale level and then Uen send out ot headings heading with diamond drill dri SiLVER IR ShIELD With Wih a force of fifteen men consIderable considerable consider consIder- able ble pro pe Is I. now under cone W. W way at atthe atthe a the property of 01 the Sliver Silver Shield Shiel company com corn pany headings heading being driven drien at atthe the thO present time says ay- the Eureka Re nee porter The best bet showing just Jut now appears ap pears pta to be 1 In the Ih wins wine which hai hd be been sent down about ut seventy feet fut b be below below be- be low the tho to level The drills drill are arc now cutting through some eme quartz and nd assays assay show ho Officers of ot the Silver Shield Shiel are a. a confident con t that t within t the next te few d days daye cn deer there will be quite e a change In the tine n-inre as u It I is II nearing a point where it itIn In ii li reasonable to expect some ome ore In the tb same sam am no drift from Irom which the t wa was sunk unk drifting u is a also 10 In progress a 1 oa II reps ress and about A I week a ago o a big break breal was wa encountered The drift Is S. headed toward the north and In k I. i formation containing manganese some om sliver and told gold as aa well wel as a showing Already Al AI ready ray the drift has h. h penetrated the tb break about abut fifteen feet fett fet without reaching the hanging wall wal Frol the main west it drift on th the tOO level another b heading t I is now being beine driven or Its direction r being enl south f fifteen west welt wel md nd within forty feet fee It should reach an important Iron deposit Manager H. H 1 S. S Joseph Josph who was wa at the tb Silver Shield during durIn the week Is la highly pleased with whIt the lbS general centa outlook under unde underground ground and confident nt that the work on th the or in I th the th below bloW that level will vill wi be the means mean of opening some ome rood good ore Mr Joseph Josph and nd his hI associates associate are con considering the advisability of doing doln some one diamond drilling in their south drift people pt-ople are lre expecting to 10 see le th the thI Swansea mine at Silver City reopened and given riven the benefit of 01 some ome systematic systematic system prospecting ct during the present year perhaps l In the f very cn near future er says the tho Eureka Reporter J. J William WIlam Knight in tn charge chrle of tho various enterprises of 01 the V Knight In Investment In I. I vestment nt company of Provo recently stated that an In option opton had been given riven on the controlling tock stock Interests of ot the Swansea Sanu but that it d expired He Ste HeMs Hehu Stel l Ms hu I also alo o bOon been approached by other prUe parties parties par pr ties Ue desiring to Ret get let control of ot the thi mine miD and while this matter mater Is II still UI undecided there ther is I. a strong probability of 01 some omo being done dOD at a tOils property properly either by the company or by a a. a new company compan organized d for the tue purpose ot of operating under The a s Swansea bond aa and Is one lease o of a agreement f I n oldest mines mine It I was wal operated most moat successfully success fully for many years er producing a lot lotOf lotof lotof Of very fine ore and in the opinion of come of the th operators of this district it I still contains some promising buncheS bunche of commercial ore with wih rood good chances chance chane of uncovering other othe depolt deposits A 5 couple or three years year ago aco Hank Rank na Rates Bafs f took look out worth of ot ore using an old automobile engine to hoist holt this product from Irom the SOO level On Only I recently Mr Bates Bate nau returned to the mine and n com n nod ed prospecting on the 40 level leve h where re he hop hopes hope to pick up something some ome thing In what is 1 f known wn as a the Four Aces Ace vein Tein McNulty and god Pout Foutz Fouta also all of Silver City are working on a a Of Qt rood good ore on the 00 level They were on the market with n. n a small consignment consign ment of 01 tills ore a a few weeks ago and add ald will 11 ship another lot before the present nt month Is la over In lit the Swansea water tet was aa encountered between the no and Ind SO 00 levels but above water level leel tho the shaft Is I. said to tobe tobe toe be e in rood good Iod condition V NEll EW SECRETARY NAMED E Elmer EZmer mer Jones Jone an accountant ha has been ben elected secretary of th the New Nw Mining company The company has ha new offices offee In tog 1 in the Continental Bank Dank build build- |