OCR Text |
Show iliON BLOSSOM M ORE DEVELOPED TO PRODUCE FOR YEARS i W H. Child, the broker, spent Saturday Satur-day iti th Tintic- district inspecting some of the mines. He said thia morning that he waa pleaaed with the amount of activity ac-tivity shown In development work In liiat ramp and waa surprised at lie large amount of or develted In a numoer of the properties. He said that he knew of a number of district! that v.i-re ,jlen credit for larger properties tha.i they had, hut Tintic. he thinks, should b accorded ac-corded better support un th i.-nnace developed. de-veloped. If the 'arare Investors knew tf the possibilities of some of 'he mines of Tlntir. he thought, there would unquestionably unques-tionably be more liberal investment Iti the stocks of those mines nnd a much higher market valuation uf the propertiea would be given. Aa an Illustration h said that Iron Blossom waa certainly a revolution to him. In this property he walked alor g the ore channel fur a distance of 1-K feet underground, and at mi rvala of every fifty to sixty fet they hi opened up th ore deposits for the entire length. The mine looked rta though otes were practically inexhaustible and certainly would be a paying; producer for a number num-ber of yeara ioeome. Thia pn-nety la I regrtidfeiT b "Hie KnigHls aa one urt?i0 largest producera they ever owned. They have opened up the property systematically, systemati-cally, and It is today the most x tensive ly developed mine they ever owned. They are doubt tesa adding a greater tonnage each month than la being mined. Some Idea of what the mine is doing In the way of production la shown from th shipments, which run a Ion 4 to more than six cars dally. From the No. 1 ah.-ift 1 at A a.M lulse liAa. .Ie.il. - ... to the market. From the No. 3 shaft they are raising 100 tona a day, wnlch Is shipped to valley smelter and thvy can Increase this output almoet at any time the management chooses. A rreat deal of development work la being don In various va-rious places In thl property, and there Is every Indication that Home most promising prom-ising resulta will be obtain J from thn drills that are now horin their whv through a country 21 A feet from the surface. sur-face. It will anon have th deepest workings work-ings of any mine In th entlr district. |