Salt Lake Telegram | 1916-02-27 | Page 34 | U. S. Smelting Dickers for Interests in Goldzone

U. U SI S. SMELTING DICKERS fOR INTERESTS IN I FORTUNA FORTUNA Utah Feb 26 The The purpose purpose purpose pur- pur j pose of the shutdown at the United States Smelting Refining Mining company company com corn pany shaft at Fortuna was strongly indicated in- in int t yesterday when John M. M Murdock Murdoch of Beaver a substantial holder of ot Beaver stock was wired from Salt Lake Lalee and asked by a United States of official of- of j If It he would part with his holdings at 1 15 cents a share Inquiries were also 3 made by the United States official for all the Beaver stock in the vicinity vicinity vicinity vi- vi of Fortuna and Beaver at this price The Beaver lies immediately immediately immediately imme imme- north of the United States ground j consists of five or six claims and has hag developed a splendid showing of values in its seventy foot shaft Persons connected connected con- con conj j with the Gold Queen lying immediately immediately immediately im im- im- im mediately south of the United States ground admitted yesterday that the United States had been trying for some sometime sometime sometime time to buy their territory of three claims The Fortuna Independence has also been approached it Is la said by the tha I United States people It is the possessor possessor possessor pos pos- sessor of ot some half dozen claims lying south of the Gold Queen and has one of the very best surface showings of ot values values values val val- ues and ore in the Newton mining die dis These three groups to together ther with the two claims it already holds would give the United States an immense and valuable territory Fortuna Independence B B. B G G. Lott who recently purchased interests in the Fortuna Independence Mining company arrived at Fortuna to today today today to- to day to make a preliminary inspection of or orthe the ground Surface explorations for forthe forthe forthe the purpose of selecting a site for company company company com com- pany developments and to pick out and segregate blocks o of ground for leasing will be started later It is understood that this company is now in shape hape to conduct a campaign of thorough development development development devel devel- and it has enough ground which shows prominent outcrops and strong surface enrichment to Insure great leasIng leasing leasing leas leas- ing activity in Fortuna soon Mr Lott will begin work worle as soon as the snow enow is la all gone Gold Queen Quartz The big recently encountered encountered encountered by the Gold Queen operators fifty fifty- five lve feet below the lowest part of Rocky Hollow gulch Fortuna is steadily improving improving improving im im- proving In values with every round of ot shots according to the local management manage manage- ment Cubical black iron has begun to appear in the quartz in l substantial quantities quan quan- practically a sure sign of ot values at Fortuna The vein contents pan in a most promising manner at present The vein is being followed into the hill and andis is gaining depth rapidly As a result of the visit isit of D D. J D. D Houtz Hots of Salt Lake to Fortuna during the week two claims the Helen and the Devil situated situated situated sit sit- about a half halt mile northwesterly from the United States shaft are promIsed promised promised prom prom- early development Mr Ir Houtz has agreed to take a interest in this Continued on page 0 9 US U. U S S. SMELTING DICKERS Continued from page 8 8 property and this this' sum sum will wUl be expended In development work which will be started soon Mr Houtz partners are Zebulon Stanley Puffer and Thomas Thom Thom- as Bennett all of Beaver county