| Show Up and Down the Street Park City Cily F Push Ore Fissure Search B By Br Robert W W. Bernick The cut cross-cut in the thc new ground being explored on joint property of the Park Utah Consolidated and Silver King Coalition Mines Coat Co at nt Park City is in some sonic feet Paul H. H Hunt vice president and general manager of Park Utah said that currently a switching station and some 90 feet of double track space are being provided for forIn forin forin In the cross Objective of the cut cross-cut from the Ute Park Utah side is the vital Crescent fissure Both companies have dedi dedicated ted working ground around this fissure area some feet below the Alliance tunnel level I Declare Dividend Directors of Park Utah Consolidated Con Con- Mines Co Tuesday declared de de- de dared a lOc per share dividend payable Dec 30 to common stock holders of record and at closing of books on Dee Dec 9 The dividend amounts to some according to Paul H. H Hunt vice president and general manager It is first paid since 19 1918 IS when Park Utah declared a similar simi simi- lar lOc dividend Mr Hunt said the board felt the payment was justified on basis of present and prospective earnings of the Ute mining company I After the switching station is provided for the cut cross-cut will I continue forward at a normal width probably for several more hundred feet By that time it should be near the fissure area Mr Hunt said It then will viul probably be necessary necessary necessary sary for the operators to drift at right angles to the cut cross-cut in order to better intersect the fissure fissure fis us- sure suie area After Alter this a R raise of up to feet on the fissure proper is in prospect Mr Hunt said these exploratory problems indicate that it will be several more months yet before anything definite can be determined determined determined deter deter- mined as to size and value of the fissure which at upper levels has proved a prolific host to ore It lilt would be one chance in that we would intersect the fissure merely by driving the cut cross-cut proper straight at the general area he hc said Reason for this is possible and probable dips of the ore body which cannot be accurately determined determined deter deter- mined at depth on basis of |
