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Show Utah 'Goat Pasture' Proves Rich Mineral Ground Once regarded as poor "goat pasture". No more fitting example of the old axiom thai all great mines were once mere prospects can be had than the development of the Tin tic Standard mine at Eureka. Prior to 1917 the rhyolite covered area to the east of the Tintic mining min-ing district was often referred as goat pasture and not too good goat pasture al that. The surface indications indi-cations of mineral were limited and the ground was valueless from an agrieiittiirul si.uidpoint. lu 11)07 E. J Itaddatz was struck by the mineral possibilities of the area, and was determined that a gfesl ore body existed below the rliyoliie. Few people would follow the young prospector lu his theory with their dollars and he experienced experi-enced more difficulty In raising sufficient suf-ficient capital to keep the prospect "alive " Luck played no part with Ruddatz; for ten yotrrs he sacrificed a.id struggled to keep bis prospect going. During those ten long years he managed to scrape together approximately ap-proximately $4UU,U0U to sink a shaft deep enough to tlnd the ore After selling his stock he was forced to levy 19 assessments in order to continue working. Ore was encountered In 1917 and from this "goat pasture" has been mined nearly I75.0O0.O00 In new wealth, most of which was been fel Into business and industrial channels of Utah. Of the total, nearly $30,000,000 has been paid to railroads, smelters and refineries, over $13,000,000 has been pa id to labor and about $0,-000..000 $0,-000..000 has been paid In taxes. In addition, the company has been active In the development of other mines throughout the state and has assisted and Joined with Others In Its efforts to broaden Utah's metal industry. |