Salt Lake Telegram | 1915-11-20 | Page 3 | Farragut Property in North Tintic May Start Up

FARRA GUT PROPERTY IN MORT TINTIC MAY ST ART p I A report which has has has' hasal all al of the Vear earmarks ear ear- marks of f authenticity indicates that it it i. i wf riot not f be b l long until util a new comp company ny is launched for the development of ot the tte Farragut mining claims which are ie aie lo located 10 ted but b t a hort short to Ute north o of Eureka ureka This his gr ground n lo located many years ago ao by te late D. D C. C Harrington has s 's attracted attracted the attention f c well wen V I known Jf ln operators tors V at at various times I. I s ur during during- ng tle the p past st fifteen or 01 twenty ye years r an and while the s small all amount of VOl development evel nt work performed d there thero has p. p not resulted In the location of pt commercial commer commer- I cial dal ore geological nd surface sur cur face tace indications are fl said aM M to to- tobe be exceptionally favorable ani and de deeper per work ork's is is I probably Vail all that Is is' V nee needed deeded ed lo o bring bring th the ground Into production according to I the the- V Eureka Reporter Mrs D. D C. C Harrington ton of Eureka owns ons V the controlling interest in the FarragUt and while hie it it itis is i a a 11 little We early to 10 give any definite news new on the he deal deals which Ja a s pending it is understood e t that t E l J Eastern astern r people gt are ready to put t up some money money for tor development nt and that that the proposition which they have hare made the owners of or the Farra ut stock Itol wi will most most likely be accept accepted d. d This will certainly be good news news news' to the p people peo po- opIe o- o wi pIe of Tintic and anti especially to those thoe Who are expecting the North Tintic section o to come along those found In 4 f t the e ce central 1 portion 0 of this thil dl district Black Jack I is I. Shipping Arr Arrangements have haye kave b been en made for the i shipment of a carload of iron iron o ore a week from m of the he hea heB B Black Jack c Mining l g go gm company's corn com m I pany's k property prop and there seems to be bea a probability of the Knight mines getting get get- ting ring back into line lne with a a good Io tonnage of this this' grade of ore V which is used al almost at- at most moat mOlt altogether gade as a 8 fluxing material in smelting operations The iron which is' is now fl being Sent ant out from the Black BlackJack BlackJack BlackJack Jack carries arrIes about 0 50 0 per percent cent and it Is being being- taken talen from a drift which was sent o er into this ground gound from the the Dragon There Is an an unlimited supply of high grade Iron ore oro in that pant pait of the district district On n on claims owned by the Dragon and Black Jack Jacl and nd all that is needed d Vj Is a a market market for the product Under ned certain conditions the smelters melters are arc r forced to use lse a a. large amount o of Iron ore for fol fluxing purposes but local people people peo peo- pie have have been led to believe beleve that In Inmost most c cases the smelters own their own iron deposits sel Some years year ago the Dragon property was shipping almost a trainload trainload train train- load of iron ore a day from which a ani anice ni nice revenue rove nue was 81 realized notwithstanding ing hig the fact that it brought but buta a small smal amount per ton toil 1