Show THE AMERICAN FLAG FLAGA FLAGA FLAGA A A PROMISING property in ii a It prom neighborhood is the tIle Amerl Ameri American can caim Flag FaS mine with wIlls an area aiea arc of o moro than 30 acres all patented and largely virgin ground round located in imi time the very er erheart heart of o the tIme big bl producing section of o Park Palk City Adjacent to this property me are Ie the tIme Silver King Ontario Daly Daiy Dal West and others that have produced moio than and with a It dividend record of o moie maIo than tham Little I has ever eer been heard of o the time American Flag Fla and the tho management lies has ha continued to push operations Dur During DurIng DurIng ing this time a largo large amount of o devel deel development work has Imas been done In the progress s of o this work olk regular shipments of ore oie Ie are aro being made and a record of o consecutive shipments of oC oro ore shows nn aim a 1 average of o 10 IO a ton The Time Park City camp is noted for or its It lead silver ores Dies but the American Flag Fla ores carry good values alu s In gold tho principal principal pal values alues being gold goold and amid silver and cause this timis mine to bo be referred to as tho the only gold mine in Park lark City It ItIn In equipment this property ranks among amon tho time best in the district having nil all the time necessary buildings steam Dower steel hoist holst a double compartment shaft operating two n cages ca eg to the time 1100 foot oat level lovel I Although the ore shipped from front tho time American Flag Fla has been rich It is be bc that with greater depth the ore will bo lie mud much better bettem The ores carry calr sonic some values alues in lead and amid copper and at mit a depth from front all Indi Indications Indica Indications ca lions the time sulphide ores will be bo found In these being the oros ores which generally In this district produce the tIme greatest values and anti largest tonnage It Is apparent that the time great reat values of or ortho tho the American Flag mine mImic are aro beneath the present workings Each level from tho the to the time 1100 Is open and has hiatt been explored for a fow ow bundled feet from the shaft Ore Ole ap appears appears pears an eu each level leel from rom which ship shipments shipments ments have hae been made and anti in addition to 10 the time shipping grade of ore oro that lies has been heen mined In the tIme course of develop development ment a large lall e tonnage of o milling ore has uris been opened up It has imas been es estimated estimated that there is now available suf sufficient su ore to keep a mill sup simp supplied supplied plied for or three years WILL BEGIN SINKING Tho TImo bottom of oC the time shaft Is about CO GO feet below tho the level leol at which point further sinking was necessarily suspended on account of encountering water resulting from rom tho the caving or orthe orthe the tIme Ontario tunnel and the time flooding of or orI ord tho adjacent d n territory r TIme The tunnel t la ms again I open and time the water scaler Is gradual gradually a j jI ly I receding but hut not sufficiently as a yet yetto to permit further sinking of or tho the shaft I It Is now nO proposed rt posed to lose no more moro Unto than thamm Is necessary nece for tor the time solving of o time the water problem either cither by b connection connection tion with tIme the drain tunnel or by b i pump pumping ing hg III facilities Since organization the time company com pan lies has doubled Its area ulea and anti recently It In Increased increased creased Its capitalization from of o a par 1111 value of or I 1 to shares at 1 1 each cach rime Tho Increase was wasI placed pieced d in lit tho time treasury treasur to further Im lm Improvements I that are aro planned These aro are tho time erection of o a mill the time securing or greater gloater depth In lii tho tIme property and an In energetic campaign of or development George Georgo Geor o H a banker and business man of o Sioux City Iowa Is president and treasurer of oC tho the corn com company pany pan William Willians M itt II Curtis vice prest president presIdent I dent of or the Is also the su superintendent superIntendent of the mine John Cain Is tho time secretary Tho Time officers with George G Brooks a banker of Scranton Scranton ton Pa and A E Payne Pa ne of or Holman Payne Pane Co of ot Salt Lake compose the time directorate |