Show FINANCIAL AN MINING NEWS STOCK REPORTS AND WALL STREET SILVER LVER KING CUM CON HAS AS PORTALS OF LARGE BORE BaRE IE COVERER COVERED The first conspicuous evidence of the mining activity of Park City to be seen een by by travelers entering the camp on the Denver Denver RIo Klo Grande l Is the portal of the Silver King Consolidated tunnel now e entering the mountain range under The force forte Is now Th Thayne's ynes canyon and timbering the entrance squaring J up to the bore and In a week or two It will willbe willbe red be more noticeable than ever The blacksmith shop completes the picture The tunnel Is already more than a a. hundred hundred hun hun- dred feet long IonS the result of hand work air drills will wilt be used hereafter here here- Compressed after line having been connected connect connect- after the pipe haying ed with the company's big compressor The speed peed made will depend large largely on the the- character of the formation but the Is expected to be high even for forthe forthe forthe average of the Park City district where some the bet best tunnel driving records of the country have been made So far the tunnel has been driven In Inthe Inthe inthe the Park City lime the formation that contains the big ore deposit the management manage manage- ment however has no definite reason for anticipating ore occurrences until it I reaches the fissured zone several everal hundred feet from the starting point That this tunnel development will add not only one but several new mines mine to Is the the resources of the company opinion frequently expressed by officers of the King Consolidated and the they do not mean to lose any time In putting their Ideas to the test tut Reclamation of the values In the large second class a ore dump at the main n shaft J I i h 1 will soon O begin Judging f from the headway headway head head- I way on the mill and aerial tram Both I should be bo completed In two or three weeks provided there is no serious dela delay in the arrival of the mill machinery now in transit from the East The mill will have a a. rated capacity of fifty tons a day The cost of delivering the ore to the bins i 1 i estimated at about 25 20 cents I B. B aton ton This and the treatment charges will b be the only expense to be considered as the extraction of the ore has been paid for tor as part of the cost of producing first class clus The mine has been shipping smelting ore lately at the rate of seventy five tons tonsa a day Secretary Browning who visited the mine this week states that the ore Is expanding In every direction from froin thes toe the s and It would be more difficult than ever to estimate the ultimate yield of the Ele Electric Light or ore body |