Show MINE TO OPEN IN NEW AREA An operation that may herald the development of a new mining district was revealed Thursday by Dr L. L N. N Ellsworth president of the Silver Standard Mining company with the announcement that the company has raised new capital and will begin work at once The company owns 27 claims and has a year 25 lease on acres of patented lands in the extreme eastern portion of the East Tintic dis dis- dis Carl Chilson one of the pioneers in Let the science of geophysical prospecting pros has been studying the property property prop prop- erty for the company and has been engaged to take charge of operations Before the depression the company sank a foot shaft and drove about feet of prospecting drifts Most of these drifts Dr Ellsworth reports revealed extensive with values in gold silver and lead The company plans to develop this area further but the new operation will consist of sinking a. a shaft on a south north fissure farther east where the geophysical survey indicates indi cates near the surface The geology is 5 said to resemble that of the Tintic district with sedimentary tory tary formations intruded by igneous stocks and dikes The formations consist consist con con- of the Humbug and sandstones which cover the area to toa a depth of about feet Beneath these lie the Pine Canyon associated ore deposits in the Tintic district The new development is a goal toward toward to to- ward which Dr Ellsworth has been working for more than 20 years It was that long ago that he became interested interested in in- in the property on the enthusiastic enthusiastic en en- recommendation of Uncle Jesse Knight Other officials of the company are C. C I. I Goff Midvale vice president and Royal C. C Barnes Salt lake City secretary and treasurer Ernest Madsen Mad Mad- sen Manti is the fourth director A filth fifth will be named later |