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Show MINING BRIEFS. Another big and rich ore body has been found by accident. This time the fortunate beneficiaries are owners of the Eagle property prop-erty at Logan, Ida. Their miners were timbering tim-bering the tunnel. Unexpectedly the side of the bore fell away and disclosed six feet of high grade silver worth 364 to $200 per ton. Upon being exploited it proved to be fifteen feet wide, while the granite or ledge matter was found to carry $8 to $12 per ton. The tunnel, as was shown by this disclosure, was being driven just off the light trend, and but for the work of nature in aid of the men. much money might have been expended unnecessarily un-necessarily and without practical results. The Scottish Chief company has commenced com-menced the hauling j winter supplies to its porperty on Scott nlll, at the head of Thayne's canyon, west of Park City, and the shipment of a carload of fine ore will follow. This ore, according to mine assays and a knowledge of its value from previoua shipments, ship-ments, will run about 35 per cent lead, 30 ounces silver, $2.60 in gold and l.S per cent copper. It is coming from a stope above the 300-foot level. The Wood lawn company, owning a group ! of twelve claims on the Big Cottonwood side of the divide above Alia, will place a force of miners at work next week. A letter from his superintendent, received yesterday by W. W. Ocbs of Salt Lake and manager of the Keystone Exploration & Development De-velopment Co., announced a strike of ore worth $30 to $35 per ton in that corporation's property. The ore has been pierced a distance dis-tance of twenty feet. The mine la fourteen miles from Cortez, tn Lander county, Nev., and was recently financed In New York by Mr. Ochs and P. D. Delmas. The financing of the Walker River property of A. P. Hanson. James G. Doollttle and P. M. McGregor, at Yerington. Nev., was accomplished ac-complished in Salt Lake yesterday; Wisconsin Wis-consin capital took hold and will furnish development capital. A. R. Scott of Lacrosse is one of the principal backers of the enterprise. enter-prise. Mr. Hanson will secure supplies and appurtenances in Salt Lake for developing the mine, and starts for Yerington as soon as possible. Ore that will run $100 to $140 per ton Is being taken from the Uintah-Treasure Hill property, at Park City, where a strike was recently made that sent the stock from 12 cents a share to better than $1 during the last month. The Real Delmonte Mining company has been Incorporated at Portland, Me., with a capital of 84,000.000. all paid In. to take over the Real Delmonte property In Mexico, purchased pur-chased last spring by the United States Smelting Smel-ting interests. All the stock will be owned by the United States Smelting company. P. E. Coyle of Boston is president; L. L. Hight, Portland, treasurer. The Snowstorm Mining companv of Mullan, Ida., has disbursed Its first dividend of $30,-000 $30,-000 or 8 cents a share. The property is continuing con-tinuing actively with the exploration of its immense showing of copper ore. This is the mine which the Greenough brothers control. The same interests recently secured the control con-trol of the nearby Snowshoe and Copper King mines in the Mullan district, with the prospect pros-pect of combining them eventually . Into the Snowstorm. A telegram this morning from Boise, Ida., says: The Pettit mines of Atlanta have been sold to the Bagdad-Chase Mining company com-pany of Rochester, N. Y., which has large properties at Barstow and other places In California. The consideration is about $150,-000. $150,-000. "There are seven mines in the Wonder district, dis-trict, near Manhattan, Nev., that are taking out shipping ore. None of them are shipping, but all of them are working as fast as conditions con-ditions will permit. J. M. Venable. in connection with C. D. McLure, formerly of the Bt-Metallic and Granite Mountain mines of Montana, have taken over the Holcomb properties in Roosevelt Roose-velt district. Ida. |
