| OCR Text |
Show CHRISTMAS 'NEWS,- - DECEMBER 17 SECTION MINING 1921 s ' -- rV rrrizdl fzr tVj Explorctiert, Development and Operation of Vast GoldqwMining Estates fond Sensational Mining History fifty Years Ago utid ' 2 "i ' a v . V - " ? n"V ?.j rfzl It Reprinted Here ,.t jjj.' ra wjsgto r ii i . - i ;.j I C ' V i tl -3 14 .- t f..- largest IU meaning, so ' d -- lumin-twhi- Mr eocent serve m an out--, jcrrirf rv Pinwl miDo modern-da- y appeared in hi wry situated produo Inf prop o rwpeeV Sin t, replied with gus- hi a diclkmary." Coo- ia language that can y la nothing fabulous nor ambiguous he arjW First he sets out, in f --A Veteh, the nacSea of the company gold their area, amk location. Then he tells pm' supplies a wealth of il.Ctb history, and froim United Stales fctd hs this regard raeords. Be tak a section on geology hewirw, Is so top Ip that It roads Ilka sdUa prospector's ftaptr. Bis use of plain terms 4o way detracU from ti ssc5t ef Us geological findings. He fol-Jjvsry explicitly, vfitji a statement as to the physical situation of h mines, anl what the reqntram cuts will be ifitft regard to facilitating has operations. . Thftij he tells exactly how.' and where the .mine foMmagcment should be gh rr&altona. V.' concludes wlv ;lbe statement, "Your led to you as a splendid property la rich In promise, and exploration opportun seldom met with and jpueb favorable coudi- - Il t'ztt j tfl al f 2-- f 't ii , ' ,if Ji Irjnme wa, I i We bsvo . not world, after reading further on .ip fall, , allghtest doubt in the i - - . I TI J . eg . vvi.,..- - - . t v - 1921 I c.h l nbm It nwrMTTi . Blacn hr it,, Idaho aa of IhM data, al Chaaty. Idaho, ooa-- o mutiny clalma hr yaraliaaa, a ad ale m Inlay tWUM a cynl rod and hold hy mlnar-- a yaaklay la all ayaraalmataly M rwoatr-aoTo- a , recently secured a reversal from the United States Supreme Court of an 1800,000 judgment against the Silver King.Coalitlon, for trespass. The Idaho Gold Corporation is incorporated for 5,000,000 shares. . Of these, 2,000,000 shares have been turned over in acquiring the company's properties; the remaining 3,000,000 shares, or 0 per cent of the entire capitalization, is in the companys treasury for the financing of mine exploration and development. Nr. Short's singularly luminous and incisive report follows, in full; i my rtport. w,. pt one of the best known mining families jin the state of Utah. The secretary is no less a leading light than .former Judge Thomas Marioncaux of Salt Lake City. Mr. Marioneaux, It will be recalled, j. multi-millionair- es, o' upw.rd. Mr. Ivers Is the scion 000,000. erous vigilance committees of those days and It was reported, early in the week, that a group of eastern closely as-- t. vice-presid- their. continued activities as narrated in the Idaho newspapers of fifty years ago, bear lestl- -' mony to the hazards and risks which every pioneer .took who ventured into the gold diggings. a,, cause the Idaho Gold Corporations two and one-ha- lf miles of placer ground are situated closer to the mining camp of Rocky Bar, the principal source of the gold in the gravel, the Idaho Gold Corporation's placer ground is richer, and this, Mr. Short saysis admitted by the engineer of the Hammon interests. " Th president of the Idaho Gold Corporation Is Earl McIntyre, manager and, with his family, controlling owner of the Mammoth mine or Utah, producer of flS.000,000 under the McIntyre control. The is James IvCrs, director of the Silver King Coalition, gMd, not to speak of a gold property, The num- wn Cereerellea. Oale Wacky Baa, rn M- without any indebtedness whalsoeer, a - Vetvltk . - vs i h 4 h mountain passes to the mines at Rocky Bar. It took as much as two years, after it was determined that a piocf of mining ( machinery wae required, to get it on the ground, and the cost of the most ordinary mining) appliances, laid dqwn in Rocky Bar, was sd great as to toe proliibftive. In thos early territorial days, It was frequently worth a man's life to own any e 'report which appears t. Shorts very nmd- - fr. - n - 1, i - 1 tt r ,.... -- compact group two and one-ha- lf miles long and more than half a mile wide, containing three known veins that produced an aggregate of 110,000,000 from less thsn 500 feet onlbe trike of esch vein, and the ore, according to government records, averaged ISO to 1100 per ton in gold. , t , These results' were obtained fifty, years ago, when Ideho was a track loss wilderness and mining equipment was shipped around the Horn to Portland,. Oregon, and ..transported from Portland, 700 miles away, by mule team. . Cheat msdarsteodlhy the corner grocery-E- S weR aa the mist erudite and pedantic Tt" . ' ' i ' i Odd, loMimtiw of diiMMDi of rort tt . ; ' -- producer-Une- Btatqe.' ircvUiMeliu Jltracgwi iCT" 'satOTM nJ- i -- - cot closing phbsgraph will strike the reader as eociated with the MO.000,000 81. Joe Lead Com a laodahie example of a mining engineer's con- -. pany, listed on the iNew York Stock Exchange, servattsm. In our last iasae. we thought had followed the example of the noted Salt of the manner In which the Idaho Ookt . Lake mining men behind the Idaho Gold CorCorporation was put together, that we devoted poration, and had annexed the principal mines considerable apace to a statement as to the ' of the gold camp pt Atlanta, situated , fifteen company's holdlnga..We have heard many com' miles northeast of Kocky Baron the strike of its i plaints ha the past several years In Utah that principal, vein systems. t T , the mining Industry was lagging, and last week It is also' known that thf Hammon Engiwe held up the newly formed Idaho Gold an Francisco, which has Company neering as an construcration po exemplar of corporate an its Tuba Consolidate record earnings through tion 'which, if followed by modern-da- y' Utah mine promoters, would be well calculated to ad Dredging Company, of 125,000,000, In the is making a crystaltee the best investment sentiment in the Oroville, California, placer fields, United States in favor of a recrudescence of ' million' dollar investment ip placer ground eight miles below .Rocky Bar and within a - , mining activity. few miles of the placer fields of the Idaho Oold The Idaho Gold Corporation, it will be seen Corporation. Mr. Short points out, in his re- - fW Oonpur of ed xlae m if -' ;. tha exploration o. vggiasft r ! It mm xtpm In Utah in kmc t 4 Idaho Onld Corpora- wtU Engineer George B. Cnc J CiCUo, Um - . WKlch Appeared In the Salt La fa Citixen on December u . and, - , -- . 11 LzzZlj ' ' , 4 rt - - '- v' c . 4. f ' aarm of lad mlnlny yraaadl la addtltaa , than IM aeraa. ta which, t ho esmvaay haa aoilnd hy Bath tha lads aad alaoor alalma arc yarahaaa lo, aad oaa halt mllaa at yla-c- R ta SJals tha taws at yraaad vhlah Is ssaUaasac ta tha Bar. Bachy Bay la a boat alacty Bsohy lads alalma Thrss mam aayaysd hy , miles aarth at ths Norada harder Mas tha Ida ha Oats Oarparattaw at ass 1 la - asathwastara Idahc. aad Is sixty aeyalrlay olhar valaahls aSJalaS lads - miles tram Kaon tala-- Kama. Idsha, a clalma which may ha aayacted ta Mhtiaa aa tha BMktlald hrxach at tha aaoayaay'a aatata ts Ualaa Bactfla mineah. Aa aatsaes- cr " , i |
