Salt Lake Telegram | 1912-02-08 | Page 8 | Iron Blossom in More High Grade on Fifth Level

IRON BLOSSOM IN 4 MORE MOR HIGH GRADE CAD ON FIFTH LEVEL Iron l 81 is if maki making a record of at which Unco Undo Uncle Jesse o l Knight i in is justis justly justly just just- ly is proud It I is proving to bo bo the lar largest elt mine he q aver r developed dc a b ho cl claimed for it even en before tho the first ore oro zone was os t tapped Tt It I lia ha lias paid over n rt million milon dollars in iii dividends within less than h n three years and is ig pro producing more orn oro and m kin IRr larger er profits than n at t. t nn nn ane previous timo time in it its hi history tor Badger cr Brothers Brothers' correspondent iu in the field a of or th the property The last Jat few fot weeks has developed d l new nen- ore oro ro in iii the Iron Blo Blossom om which is proving pro it to be he a 8 bigger mine mino than ever On the foot level of oC No Ko 3 a shaft workings between en the tho Cave and Junction function slopes in hi an au ei foot eighty ht rOlt drift to the tho east cast ast Superintendent Zabriskie Za Za- briskie has opened up a nice bod body of ore that tho hc comp company nY was hardly exp expecting in The foot ot level has also struck ore oro in a raise which h has proven to be continuous and of good grade grado Time The or ore orn which has been coining coming from Iron Blo Blossom lom No 1 shaft is i a much better grade dc than thant t tt was one ino year ago and is is now developed de to such an aim extent that tho the company compan will wilt willbe willbe be a bi big producer for ff a long Jons timo timi to come ome Zabriskie predicts pro pre that the company compan- will earn half naif naifa halfa a million dollars durin during the year car 1012 10 Tho Tho mine min production has steadily in increased during the past six ix weeks until its weekly 1 shipment is il now over ocr forty cars car cars in in in fact ln last t weeks week ship shipment mont ment was 1 for four forAy cars ars as comp compared with cars six weeks a ago o. o Last weeks week's shipments of four forty cars was aC the thA heaviest weekly shipment the mine has ever made mad with two two- shifts of men at wor work worl This production tion was wa only surpassed d in March of lat laft year when the company worked three thrle shifts shifts producing from front two forty to six forty cars ears a week Last years year's production acra averaged a cd a little bettor better than two thirty cars a week and it is predicted eJ that Iron Blo Blossom som will average average aver aver- 3 age e forty cars a week wk or bettor better for or the year 1912 The ore are bodies of Iron Blossom are immense although h through the nature of the ore deposits it is impracticable to attempt to block ou 0 OUt the ore ore the mine has visible am and known ore arc which will take them a great many months to ship Besides the excellent condition of the mine min the r rise e in in the value of eli ail l. l ver vcr is a great consideration to Iron Blossom as its ore will average better than thirty ounces to the ton This means an increase in tho the past two months in the value of silver shipped by Iron Blossom of more than a a aday day da and computed on its quarterly dividend will wilt net them above o all regular regu regu- Jar lar earnings in in the p past lt more than to be d distributed each cach ter