Show TIlE THE CONTINENTAL ALTA PROPERTIES When Whon the Iho nt itt Alta Alia now owned b by the Continental Mines were secured for tor this thIn the ww 1110 laid for tor another and producer They hoy already a the ot of the Iho or of 1 a century shen Henry M 1 Crowther his of tic tho he found the tho old workings tilled II Ith ore ot of n a low grade rade witch whIch were when placed there thore hut which CoUld ho be homade made to vay vell noW flow There were lurge too containing ore or of n a much higher nn and lie he found cou COli such euch that the tho mineR could com coin II ce producing TIKI Tha deal for the ground san and now nOli the tho Continental Alta Alln are nu no lena than per Pea month to the minerai output ot of Utah which amount will bo be Increased several toll fold shet cheaper transportation lii Is afforded OP OF COMPANY the tho Continental Mines Smelt Smell SmellInG lag InG Corporation In Incorporated for tal there thoro III 18 I sued on the Alta AIlI mines but ot of ItH capital It II being the IntentIon ot of the tho corpany to operate tics tlc In III different parts ot of the tho country und nil on each property Is In taken over oel by purchase there will rIll he be n it certain amount ot of the capital stock to tooer cover oer Its Ibi lon nil an on of the tho parent com company pan No mines III nrc that are 1110 not or nr capable ot of lit at time of at pur chane the company 11 not bond and bane leMe but purchases them outright fOI or cash The original capitalization ot of the tho company now included In Con Can mental Alta mines mineR in 19 und the production or of the Old Grizzly mine ot of the tho group has hns been no leMS than 1000 In 1011 lead and silver lIvor oren alone us an the principal not saleable until unlit recently Consequently the capper output has hasIn In the paSt pass been small where In the tho to fu futuro turo ture It will perhaps be Ie the PrinciPal metal produced PAID FOn FOIt In the tho cane ot of the Continental Attn AHn purchase fI a condition ot of the option the greater groller portion ot of the tho yell year was given KIen to pay puy for tOr the tho ties hut but the final payments WHO Sere within the tho first sixty days on the en eli tire lire i Of at the tho Lavinia Grizzly Consolidated Mining company the Dill Dar und and the Iho Helu lator Mining company the tho IU aso O ot of these mid the tho In ot of the in Ie enabled to 10 mine handle the ore nt nl n a cost of at ran 2 tn III 5 per por ton I Icis s than has been leen In the tho heretofore us as three units nc leo It Is now noli to have the ore fit at much lower s limn fOI morl because ot of the increased for ores ot of this Only ton ten miners minorA are required to 10 break fifty Per fler du day to the tho large ot of ore are exposed in III the anti to its lis soft sott nature 50 O TONS JAIlY The Is III nos noli marketing ores oles nt at the tho rate ot of 50 10 tons per day and the tho now being 1 to the smelter furnaces runs In train 21 to 30 per lieI cent celli copper and trans from 12 to 25 ounce silver un w vil I nil as a or two to In gold rho fhe least value of tint ore now floss being moved Is Ia 15 Per toti the tho average ot of the clans dUSH Is 18 In old silver copper and lead leadman man Recently there thoro Svan developed high ginde copper ore Olt In three In the tho thomine mine and Ind II a mice e is III now no goIng up 1111 on lead ore carrying on much 70 pr cent In that metal and 1 iG 6 ounces sit fill vcr cr l TONNAGE The Tho OUtpUt ot at tho Continental Altu mines tolne could easily be matte ton per pel day Iny work hut bUI the PolicY of the tho company its III to con coit active exploration with II a view to the tho deeper ot of the tho stopeR of the thA which hll hints not been boell ns as yet cl In the ot of till th I resent Present com company pan owing to caved ground CONTRACT WITH Although thin the continental mines mineR were sore not lot until last laRt July Jul the they hase yielded the heaviest tonnage ot of nn any mines In the tho camp Oil On 22 contract entered Into with Ith the Am Smelting com b by the latter agreed to tn tons of ore melt lug company was vcr er liberal and made concessions In the WilY way of at treatment which enabled the Conlin Continental Alln Aita management to 10 market ores ot of its 1111 loss loll grade nil an 10 to fI a profit PloUt owing to 10 of Iron while It was previously estimated that 12 10 was the lowest limit on ores that would woul pay to handle DIWI IOp WORK Since the of at work AL In the Ihl mines buit Jul foot of at tun tunnels nels nelll have hao driven 78 feet teet ot of shaft feet ot of up upraises raises run The cost COlt ot of thu work has hns froni 1245 to tier pcr foot the shaft work the most costly l Wlm ANt ANn MILLING FACILITIES I Earlier In the tho year were taken to for electric power passer anti mill millIng Ing and an appropriation ot of eaters ot of Little creek cleek wore were made for tor the PUrPOSeS named The surveys sune have havo been and the Ihn electric plant will he be Installed early next year Thin when will generate fI a minimum ot of 00 horse power per day 1111 In III the form ot of electria energy and will he transmitted over el eight hl muon ot of wire line The tact that the present and freight haul I is U 4 ton for tor the tho twenty mlle miles of transportation train mine to smelter nn and that per nor ton Ion be amply high tl to this ex hOfle with mechanical transportation In tine 1 a saving of at II lIei toti 1011 which itself Is I a large ud ad nN an the tho reduction reduction tion III expense will reduce thit th cost ot cit mining by I 1 tier per toll lon thus making n a saving ot of per ton with this properlY equipped with sith transportation facilities aloie will render available for tor profits mall dozen thousands of at tons Ion II ot of ore oren orea n a great real deal ot of which is III hl blocked ked out oUI In inthe the mine awaIting cheaper tion anti It is III undoubtedly II a fact that fully ot of the tho ore oro In the tho Con Can Continental Mint round ground ot of which there Is no less tons In sight will U 8 to th thin ton lOll It In III this ore oro that will supply the tho proposed mill nil as asit It In III not of n a grad gradt to handle In the AMONG AMONO Sf IN The Alln hta mines are Un among the largest in III thu tho state aunt will enter the tho front flunt ranks ot of niost prominent when Shien the present plans ut of economical arc 1110 carried out The rho lire are at the head of oC canyon either or surround some lome ot of the former producers such Ruch Ill as the m lull ot of itle unit 01 U 11 8 Is III situated be below below low n a short The itt It with n complete office olleo anti anti depart meat ment all under lire main system Tile tern torI lire Iro provided with n a reading rOom and magazines Continental Mines Corporation Is II a New Ness York YOlk has authorized to transact business In Utah The J ro or of orthe the company Is Ii Henry HenlY M Crowther and O 0 C Van or of Now New York is III treasurer anti secretary W O 0 formerly ot of British Columbia is hl superintendent ot of the mine mineA A |