Salt Lake Telegram | 1935-07-11 | Page 17 | Silver Standard to Install Hoist

SILVER STANDARD TO INSTALL HOIST SlIver Silver Standard Mining company has bought a hoist and gas compressor corn com for its mine in the extreme eastern portion of the East ast Tintic district company om Thursday Carl W. W Chilson company corn com pany development manager came cameto to Salt Lake City Thursday to check the equipment before It is sent to the mine The hoist is ie capable capable capa capa- ble of operating to a depth of 1500 feet Mr Chilson reports that he is now erecting a head frame for the hoist and will have ft completed In Ina a few days The frame is 25 feet high arid and andis is being built to accommodate a larger hoist should the company ever wish to use one The company's new shaft is down 60 feet bottomed In a limestone bed dipping to the southeast Samples front from the bottom of the shaft shaft- show values in gold with galena and flakes of native silver As the min mm- is much stronger oa the downhill side of th the shaft than oil on the upper Mr Chilson believes the bed will make ore when developed on the dip The company's objective however however how how- ever is a point at a depth of feet where Mr Chilson's geophysical cal survey Indicates strong min His survey indicated weak at 60 feet and Mr Chilson reports that he found it stronger there than ho expected This leads company officials to be- be that they will uncover a large bod body of rich ore at around feet