Salt Lake Telegram | 1925-04-15 | Page 10 | Mining, Financial and Commercial News

fling lining Quotations Mining Financial Financial and Commercial News Today's Market Prices Circles Circes u Buzz With Reports I Deals Deas Tnt Tintic Active Hr tion of Iron Blossom Bossom Sale Sae M Mammoths Mammoth's Develop- Develop K ment and Iron King Furnish Most I K of the Speculations ft Lake ke Stock and Mining exI exIs ex- ex Is I closed Wednesday for Ar- Ar Lter er eI Tuesdays Tuesday's etro strong g session Ike s considerable considerable business going g circles however howe and brok- brok 0 o. o p I a I strong inquiry and ru- ru In ending pending deals dEals are adding zesT zelt zelto o 0 market I u it l is stated d the sto of the Iron L com company pan will wil meet In Ino o 0 ite e 0 on the thE ac action lon of the thc he board t In selling all al property assets auel ae e o 0 the Standard Mining or r i 37 37 cents a share It I is 90 0 that the deal Is II certain to ton n official vote vot of the stock stock- I iii Ih this pr property pert pa passing ng to tot I t Standard further Interest Is 18 the Tintic district now ono one Met St at producing lead silver lead dis- dis j n 0 go o 0 country R atz pr of the TIntic J Mining lining company recently I Ia a LL when ownership of Iron Used to the Standard campa campaign Ign of development enu ence an and he said Id he Was wa hat at rich nih ore bodies bodle would be Iron Blo Blossom som also possesses nt of milling mim ore n new ew ev h ha has be bern n reported imported from 0 th mine minI j iu In Tintic It I is I. uh- uh at a j to 10 intercept pt the ore nrc mined over to the Mammoth sidelines In Inthe Inthe the Grand Central is I. nearing the ore zone and good headway is I. being made towards toward the interception ot of the raise on the 2100 level with the drift from the 1500 1600 level which will wi give circulation and permit more shifts shit to operate In Inthe Inthe inthe I the new ore or body and should hould greatly greaty augment shipments It I Is stated that the sixteen cars care shipped last week from I the Mammoth was all al direct to shipping ore from th the mine and no dump ore This Thil ore is II netting between 2000 and 2500 a carload It Is la understood Operations Operators at the Iron IronS King Kin are now at an Interesting point Mining from the double compartment shaft that hat has Just been completed to the foot 1100 foot level or he ha old foto foto 1350 level will commence Thursday Thursay Three heads will be run I on three different levels level The shaft haft Inow Isnow is I. isnow now on top of the ore developed on the theold theold I old foot 1360 foot level There Is I. also ailo talk tak of a 0 pending deal dea for far development of the Gold Chain and the th through the Mammoth mine The proposition Is I. to cut the two former properties through a drift from the 2100 level to the Mammoth if satisfactory terms term can be arranged Interest In Co orado Consolidated has ha been caused It Is stated slated by mining men plen beca le of the sale aie of the Iron to the Tintic Standard company