Salt Lake Telegram | 1913-10-31 | Page 21 | King Coalition is Shipping Ore Valued at over $100 a Ton

KING COALTON IS ORE O VALEDAT YALDa AT a OVER ovi sloe 10 A TON ION TONI Tho The Silver Oliver lver King In Co Coalition Mines co corn com company pany nan has haf recently n made mada some sorno very rich shipments of ot oro ore from its immense Park k City estate according to reports that have havo o ha b been cn heard hear from time to time Since the high grade gade find was wan made In itt the drift off of the 1800 I level vel the tha lowest working In tho the property It i has been no s secret ret that the mine contained some somo rich ore or i de-i posits that would compare favorably with wih found In that anything ever er property But It seems Items that there thero 1 Is more mor of tilts rich stuff in other parts parts' of ot the property and aud that a big bIG shipment has ha been made on which returns wore received this week cek Late advice is to the effect affect that 80 tons tona havo have been beEn settled for tor which gave an average a return of or better than to While local officials of ot 00 the ton oc the company company com corn pany party are arc reticent about giving out an any information it occasionally leaks out that some of the directors director have havo seen tho the settlement set set- et- et sheets and that the ore oro is very ery rich The management has ha tak taken n tho tile position that tIlls this information should hould beheld bo be held for stockholders stockholder stockholder and It will be shown when the regular reports arc issued from time to time Um In addition additon to tho the high grade Inde from the original Silver King KInK workings there thero Is 18 being mined a R large tonnage of good grade In In the Alliance Alance territory The management management man man- mn- mn has so 50 man many openings In ore Inthe in inho the tho extensive underground workings that It would bo be an easy n y matter mater for tor a much larger extraction to be made mae than c ever r before In its Ie history history- It I is said paid by en engineers engineers engineers' engineers en- en who are ara ae fairly familiar with the tho workings working of this this' company that a much lar larger er tonnage Is being bein put in sight each week than than Is ia broken brokon down and shipped to the tho market In a a single month It I has hl been been the tho rl of ot the company to keep Us its Ia shipments up to about tons dally daily daly At times lines this tills amount Is Increased b by rea reason on of the tho big tonnage that is broken down In carrying on extensive e development In the tile ore oro zones In various arlous parts of or the company holdings So faras far tar faras as possible the tho ho ore Is 18 left leC In place lace and a blocking out system Is II employed