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Show ROUND MOUNTAIN PLHCEB NEW mwm SENSATION ' 1 ' " . v fore there is no satisfactory theory advanced ad-vanced whence the -deposit came. CAPITAL FOE DEEP CEEEIL . The long-coming comprehensive development de-velopment of the Deep Ceek district of western Utah is promised by strong Utah capitalists, who have just announced incorporation of the Western West-ern Utah Copper eompanv, with a capital authorized of $500,000 shares, par value $5 each; W. 8. .McCoraick, president; Captain Duncan Mc-Vichie, Mc-Vichie, vice-president; H, H. Green, secretary - treasurer; board of directors, direc-tors, E. L. White, president Bingham Consolidated company; . F. Augustus Heinze. Henry H. Sweet, and Judge John A. Street. One hundred thousand thou-sand shares treasury stock are placed in Boston for great development of the property. There are embraced on the holdings of the company 364 acres, in the Deep Creek district, heretofore known as the Gold Hill group, on which work has been prosecuted for many months, disclosing at least 100,000 tons of ore that carries very large copper values and also silver and gold, and which is at this time available lor extraction, did the management care to inaugurate inaugu-rate shipments. Also it is said this mine has furnished fur-nished this year some of the richest specimens of copper ore ever found in the State. The company does not, however, contemplate shipping until there shall have been accomplished further preparations, prep-arations, and the Western Pacific railroad is operating trains through the Deep Creek- region. From tracks of the railroad the mines are located thirtv miles, and it is expected that the Salt Lake Route's extension into that country will come nearer tapping the new syndicate's holdings than any other. The latest disclosures at Bound Mountain, Nev-, show that there is a 'placer bed there, which is as rich as anything ever found in the Yukon region re-gion of Alaska. In fact the Bound Mountain placer beds excel anything heretofore encountered encoun-tered anywhere on earth, if the$eports carried to Goldfield of their wealth are true, and they have been verified quite conclusively. . . According to one of these reports four men, a week ago last Tuesday, washed $1000 worth of nuggets and coarse gold during a shift of ten hours, and their clean-up for every day, com-. com-. morning with September 22 and lining dry washers, has been in excess of $900. One of the "Lucky DevUs." The man who i the principal bene- ficiary of these deposits for a short period is one of those "lncky devils" that Nevada has developed during the last two years and named Thomas Wilson Wil-son a fellow that was never known to have any more than $100 before in his life at one time. While punching his burros across the desert between Manhattan and Bound Mountain he passed over that part of the Sunnyside estate lying in the flat at the foot of the summit from which the last mentioned camp derives its name. For some unknown reason he was impelled im-pelled to examine the gravel in a little gully, and in gratification of a strange curiosity he picked a handful of it and blew into it. Under the pressure of the. man's breath all the dust except heavier heav-ier particles evaporated, and left a . " string of yellow particles that proved to i be the pure stuff. Half the contents of his handful was left there in his palm. Wilson was -taken entirely by surprise, and naturally made other . . tests that confirmed his discovery. Gets Surface Lease. Keeping his find a secret, Wilson at once opened negotiations with the management man-agement of the Sunnyside estate for a surface lease on the claim which he, however, experienced trouble in securing, secur-ing, because the curiosity of the management man-agement had been excited on account of the peculiar request. Finally, on Monday, September 17. Wilson was granted a two months' lease, however, and Wilson immediately got busy. Going to work himself with a dry washer he very soon showed how rich the deposit is in gold, and then called for every available man he could hire in the Bound Mountain territory. ' ' The forces Were brought down to or- anized work by the 22nd and has since een cleaning up upward of $900 per shift with a regularity that stamps the gravel as being uniformly the most proline pro-line in the yellow metal over a larger area than has ever heretofore been disclosed. dis-closed. ' The position of the gentlemen forming form-ing the board of control of the Western West-ern Utah Copper company being the highest in the financial and mining J circles of" the intermountain country, J suggests that they know the resources of their propertv, and that other large aggregations of" capital may be witnessed wit-nessed wending their ways thereto. Henceforth, therefore, Deep Creek must go ahead. That a big boom will follow the greater prospecting of the district, just as it has in Ely and ! Blackhorse, there is little question. A considerable number of Salt Lake people other than those mentioned as having become interested in the West-era West-era Ltab Copper company have holdings hold-ings in Deep Creek, which for many years were impossibilities and the instigators in-stigators of that hope which is the prospector's life; but now realization of these hopes is drawing near for those many prospectors, principally through the advent of the millionaire magnates, who recognize the valne of the ground and that the time has arrived ar-rived to take hold and bring the same into action 940,000 in as Many Days. . After securing every idl man in the' ' Round Mountain district, Wilson sent to Manhattan for others, and is now work- ing a foree of twenty. The indications are that the tlean-up during the life of the lease will aTegate $40,000. The big clean-up for one day of $1000 was taken to Goldfield in tin cans bv Manager Davis and five and one-half pounds of the nuggets, cleaned as thoroughly thor-oughly as they conld be, were sent to the mint at .Carson. If the mint accepts ac-cepts this gold in this form, the entire yield of the placer beds will be marketed market-ed in that way. This gold seems to be' related In no way with the bonanza ledge where the ' Round Mountain Mining company is working on the Sunnyside estate, there- ORE AND BULLION. Copper was quoted today at $19.27 per hundred pounds at the 6melters, lead at $5.75, and silver at 6S?ic per ounce Clearances of ores from the Taylor & Brnnton sampler included 12 cars from Tintic, 2 from California, 2 from Idaho. 3 from Bingham and 1 from Park City; total, 20. The Pioneer company sent out 4 cars from Alta, 2 from Stockton, 2 from Tintic, 1 from Nevada, and 1 from Idaho; total 10. Grand total. SO cars. Settlements yesterday for ores marketed in Salt Lake aggregated $25,000; bullion, $70,000; total, $95,-000. |