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Show ? LIBRARY Jirr wmm WESTERN MINERAL SURVEY 11 WMiaraNUtaab Oil aM Mlilll IlMk rkndil lUjittwi u l&O NOi 9. NO. 15. hHaa jmm tka lateat aa Mat aatfeaatto ailalaa aa all aawa at tka blarmaaatmla Wat - - - Features Oils Mines, Shale $1 YEAR; 50c, 6 MOS.; 5c COPY. Combined Metals Starts Flotation Oxidized Ores on Custom Basis In no Iota than four places, In tha Eureka Lily property the Chief Conaolidated Mining company, adjoining the North Lily and tha Tlntlo Htandard in the East Tintic diet diet, important ore ahowinge have been developed durweek. tho One last thaaa of ing in dice tee that the faulted segment of the 760 level Eureka Lily ore body has been found on tho 1.800 level. The other ebowinga are all in virgin ground, according to information received by the Western Mineral Burvey from General Manager Cecil Fitch over long distance telephone. Mr. Fitch also announced that the Tlntlo Standard Mining company had acquired a three-yeleaae on three claims belonging to tha Eureka Lily and one to East Tlntlo Conaolidated of tha Chief Consolidated, lying south, of a line run westerly of the Provo claims of the Tintic Standard. Tbla arrangement haa been completed in order to allow tho Tinilc Standard to prospect in Chief Conaolidated ground extension of the rich ore bodies exploited immediately adjacent to leaaed ground, and lying along the aouth fault Drifting will ba started on the 1.000 and 1,100 levels of the Tlntlo Standard with objectives, the south, middle, and north portions of leas-e- d ground. During 1121. tho Eureka Lily mine produced a total of 23.117 tone of ore which netted after smelter and railroad deductions n total of IJS1.291.5S. This ore Cams from the same east channel as that making the big bonanza deposits in the Tintic Htandard, tha Eureka Lily and tha North Lily. 750 It was mined chiefly on tho forlevel from a block of the Ophlr mation Just aouth of the North Idly ore body- Seeks Extension. With completion of tho North ar tho t., shaft te tha Eureka Uly after making a connection between its Desert J.lOQ-lava- 60S-fo- Company Earnings Far in Company Reports Profit $1.20 Per Share After Excess of Current Div- ot Operations of tho Mayflower are in full wing at tho company's Park City Property. Although handicapped by unseasonable snows, building of a camp has been started and driving of tha tunnel by hand la under way under the direction of Superintendent McClelland. T. L. Walden, veteran Park City mining man la general manager. Thla announcement was made by Charles Moore, president of tho company, on his arrival in Halt Lake from Tuba City. "Wa plan to maka thla one of the big tunnel enterprises of the Park City dUtrlct," said Mr. Moore. "The adit wilt be cut seven by eight feet in the clear so that electric haulage will be practical. At first, 24 pound rails will ba laid, later, these will be replaced by 10 pound rails. "Operations ara being under taken on a basis that will maka this ona of tha moat thorough-goin- g exploration projacta on the eaat side of the Park City basis. An adit will lie driven that will give an economical approach at great depth to a numbar of properties on tba eaat limb of the Park City anticline." Tunnel Near Railroad. The portal of the tunnel la situated on tho Bailor claim of the Park Bingham property recently acquired by the Mayflower Mines Corporation In Dutch Pete Hollow about a mile from Keetley and but 70 or SO feet higher than the Paclflo railroad branch. Union Spring water ia to be piped down to tho boarding house. Road conditions ara favorable tha yaar round and the situation Ideal for a camp, said Mr. Mooro. A portable gasoline compressor Is to bo used by the- company un til a power Una can ba run In and a 150 hortepowar compraaaor and other- equipment Installed. Direction of tha tunnel will be southwest'. At a point 2.005 feet from tho portal, tha Park Bingham vein system should bo exposed at a depth of 700 feet below tho surface. At 4,500 feot a crosscut to Park Galena ground, now controlled by Mr. Moore, should enter the Park Galena vein system, one of the strongest and most intensely mineralised flraures on the eaat aide, at a depth of 500 to 500 feet below th ePark Galena tunnel and 100 feet below the lowest workingsIt Is this vein that carried considerable ore In the diorlte. Mr. Mooro feels certain that by exploring this same flsauro in the Park City formation, a big deposit of ore can ba opened up. down-throw- t idend - e Mine Developing Vein st com-cercl- Hydrocarbon Output For seen-rlatlo- n, All Requirements. fl hnetal by giving tho Industry a new lease on life and Increasing tha profits of mining millions of dollars annually. Perfection of a process for floating oxidised ores on a commercial scale should do mueh to revive mining and stimulate prosperity in a number of camps, notably, Plocbe, Nevada, Stockton, Utah, and ether districts, whsre there are large tonnages of oxidised ores, previouslv unamenable to profitable smelting or milling Tonnage Grows. Increase of tho Combined Metal's mill capacity to 450 tone dally by tha addition of throe now sections was necessitated to cars for tho company's growing custom business originating from Nevada Idaho, Colorado, and Utah, as well aa tho steadily augmented output from tha company's own minea. When the new unit of throe sec Significant to Entire Industry Is Tak-a- t Step Plant Bauer in tho FLOTATION on April 15 onion a new cycle of development when three new sections of the Combined Metals Reduoton company at Bauer. Utah, go Into operation. Completion of the new unit allows tha Combined Metals Reduction company to treat oxidised silver-lea- d ores as well ores and lead-xin- o as sulphide ores- - The metallurgical ban that haa rested upon vast oxidised tonnages of ores for years wIU bo lifted Just five as It was removed yean back from complex lead-siores, there- low-gra- ne -- sl si I Rlngham Mines Biegham Frgapect Cardiff Chief Con. 2 K-.- Mammoth New Quincy North Lily Ohio Copper ( Leaching in placet Ontario Park 1 tali Silver King Coal Tlplk! StandardU- - 8, Mine Utah Apex . Uteli Copper Utah Delaware Yankee Mine Net lose, - .7186i 10,522 722.001 .......... .. n 33244 200.203 2,022.345 373.040 284.847 3.185.104 4.000.- 003 4.440.015 1.000.- 010 3.353.770 , 10.003.013! 44,500.013 .... 170.7021 2.4541 Utah Copper Ranks First In Earnings, Tonnage, Low Coats, Dividends. Tabulation of data taken from to the late board of equalization reveals a number of pertinent facta concerning Utah's leading metal minea. Aa a guide to the operator desirous of studying coats, to tho person seeking judlcloua Investments, and to tho student of vital aiatlatlro concerning Utah minea; the Western Mineral Survey lias completed the above table, a glance at which will reveal Its value. Moat of the figures have been taken from the reports to the state board of equalisation for 1522. Thors which could not be secured at the state capital were gotten from annual reports of comIn some cases, figures panies. vers not available In any source. A study of the table will show that tho Utah Copper leads in grow output, gross yield, low extraction coat, and net proceeds. From tha lowest grade product mined in the state, carrying a metal value of but 222, the company secured the greatest net proceeds an amount totaling 224,021,225 or reports submitted for 1522 non-ferro- Back From East F- - George Stott, superintendent ef tha Bingham Prospect, haa returned from a business vlalt to New 110.450 78,05$; 42.2AJ 27 AO'. 28.13; g 15.18) 33.74! 41.731 ... .j 14.701 1 8 1. 34! 36.03! 10.451 11.14 "Mill0a 0 4 4 I 15402 12200 241.2401 300.051 3l0.f03 13303 !1544 1.303.013 050.050 13300 38i 50105 0.831 S2.2i; Nevada Copper Smelter Stops Work April 31101 130.013 17,440 17.70 10.50 270,410 78,744 584,474$ 41.582 823.827 24484 07 NotRepr. 733.487 10270' 500,1501 130,1551 0.80 8455 11.34 MIM48M $.82 88742 0.74 5.37 0.02 .33 121.484 3.C3 tlMIMtM 7.11 114.71 per share. Total tonnage amounted to 1205,012 which returned a gross yield of 144.500,-0'Cost of mining tha ore waa but 32c a ton. Park Utah Large Shipper. Tho Park Utah waa tho largest underground shipper. Output of the Park Utah properties amounted to 207,627 tone. In grosa yield amounting to 22,115,192, Park Utah stands fourth. Two other companies, tho 811ver King Coalition and Tlntlo Standard, with grow yields of 24.000.902 and respectively, exceeded that of tho Park Utah. . The Park Utah, with regard to underground mining, occupies a position analogous to that of the Utah Copper. From an ore third lowest In rrade, the a fourth greatest amount of net waa secured during 1025. The year-ol- d North Lily mine made a notable record In tho matter of graze yield with a total of $3,055,246, probably tho largest amount In decadca any new mine haa shipped in a twelvemonth period. It la Interesting to note that ths Yankee Mines shipping but. 2.454 tons of ore from lta American Fork property, had net proceeds within $7,000 large as the Utah Delaware, which shipped 170,712 tana of ore or 20 times aa much. In respect to grosa value per ton, the Silver King Coalition with an average value of 221.26 a ton 3. pru-cced- 318.130 3,03333' 8,101.705' 1,747AM' 40,046 2.103.320; 20,407.650' 75841 1,437.3871 54-38- 1M.145 8 3.83 r, $81,730! A121Swm ,1. 10383' ,,,,,.. m!z .10 18.445) oal 13883 75587 4 4 4 0 0.810 Battle Mountain 0 Copper Mine Sold W ... 180431 .10 11880 71750' .04 1 415.787' .10 05.7371 538.407 3A3 .80 3,421.401 1.14 1.10 1A4 1.810. 1.40 . .17 SIA47, 33; .. 3033' 11-7- SAM ' .01Ji 31,750; heads tho Hat. Silver King crude ores are not only high grade but a preponderant part of the mine toqpage la reduced to high grade concentrate In its flotation mill. North Lily Lrads. However, from tbe standpoint of high grade crude ore shipments over the entire year, tha North Lily exeelled with a gross value of 141.71 a ton. a remarkably high average. Tintic Standard with a gross per ton value of 125.92 and tha Yankee Mine. $32.21 a ton, 330, 1 ...Not Avail. .35' Not Avail. 8.0O;NoC Avail. 153.413' 34,038 13773; S3 . .02'ot AralLf .JhCalif ormans $73 083.411' 1.438AM' 3A0 0 a a Park Utah Largest Under ground Shipper; North Lily Ore Highest Grade. 129,-05- e, high-grad- $ 481$ (except that new construction or machinery I allowed a small depredation for its first year.) Tabulation of companlco by rank as regards net proceeds per share Is confusing and does not reveal tha trua relationship aa to earn-Ing- a. follow. For example, the Utah CopUtah Copper, with an extraction or mining cost of 13c a ton per with net proceeds of 114.71 waa first in regard to low costa; per share, a total of 124,032.162, tha United States mine, 21.27 a is second to tho Utah Delamare, ton. second; Utah Delaware, $0.03; with net proceeds totaling Utah Delaware, with a capiPark Utah 24.22 a ton. Silver King Coalition net pro- talization of but 1,000 alls' , has 1030 a net proceeds per share ceeds of ll.452.60t were largest for for underground mines- - Tintic of $395: Rlngham Mines In third, with a share: Silver King 12.02 Standard, with 21,244.910, and Park Utah, with 2022.411, ranked Coalition, 01.11; and Tintic Stansecond and third. In thla field the dard, 21.10; North Lily, 05c. The same statement applies In a North Lily again distinguished Itself with net proceeds of 2715,247. general way to net quick or cash Actual net proceeds, aa defined asaeta per share Issued. Tintic Stanunder the Utah Mina Tax Law, la dard of tha underground mining greater than- actual net profits to companies, haa the largest cash tho company, aa tho law does not asoets, totaling 21.020.123, yet it permit the deduction of all tha ex- ranks third In the matter of net penses of tho company. Among the assets per she re. Bingham Mines, expenditures not permitted to ba with 50,000 shsres Issued, ranks deducted are: Federal tjixes, sal- first with 27.03 per share; Ontario, aries of corporate officers, legal 22.62, second; TIntle Standard, expenses and other overhead Items, 21.25; Silver King Coalition, 21.20; North Lily, lie. Park Insurance, depletion, depreciation Utah, 2. g, 433 feet. No which waa adun-.-cfound. Leasora of Importance v ers shipped occasional lota from the upper levels. Development will ho continued on the 1,840 level." Plan Worked Out 21-1- i BUTTE, Montana. markably prosperous for tha company and the earninga were all that could reasonably ba expected from such a property. The metals produced by tbe Tlntlo Htandard between the date of its first shipment and tha end of last year ara aa follows: 44,257 ounces of gold, 33,415,351 ounces Oliver, 227,451,155 pounds of lead, 5,747,161 pounds of copper, 13,412 pounds of bismuth. To thla data tha Tintic Standard mine haa paid 111,22732 in dividends. and, by adding the dividends of subsidiary properties, such as the Iron Blossom, Beck Tunnel and the Colorado (which were paid previous to their sale to tha Tlntlo Htandard) the sum ia increased to 213,027,533. Tintic Htandard ia now carrying In lta treasury in cash and securities over three and a half million dollars. Ora in notes and accounts receivtransit, able, inventories at coat and prepaid insurance premiums, bring this sum almost to 'the four million V" dollar point.'-- -' "In ths year ISIS, says President and General Manager E. J. MOUNTAIN Henry Raddats in hla report, the comBATTLE pany enjoyed a prosperous year, Lemsire and associates have sold though, you will notice, the outtheir Copper Queen mine to a Cali- put of metals was less. A reducin output was decided upon fornia group, headed by Henry tion in June when it became evident Klipataln. Tbe Copper Queen, for that the production of lend was noma years, has been tt.a most Im- greater than tha demand, and rap- portant copper producer In tbe id declines in price were taking Battle Mountain district. Tha mine place. At the Tlnllc Standard mine haa probably produced more work to tho extent of picture copper ore than any development 5,270 feet of drifting and 1,004 other property In the state. waa carried on durfeet of Copper Queen waa operated ex- ing tberaising Work was continyear. leaswar by tensively during the ued on tha 100, 800, 1,000, 1,250 ers. who left the workings in s. and 1.250 levels with satisfactory very bad condition whon tho price results. of copper went down so low aa to At the Eureka Standard render further shipping of tho on the 1,100 level, we bavaminr, dean ore body th t ia of product unprofitable. veloped sevIdle mine remained The for great importance. The ore was eral years until Good and Klnne-ber- found in ths Cambrian quartzite local leasers, began operabeds, underlying the limeetone tions on tho property worked out from which our ores have heretothe big shout, exposed by former fore been mined, and is in the operators, and then stopped oper- footwall aide of the Eureka Standations. ard fault. By December 21, 1529, Henry Lemaire and Waddy Hunt, the ore body had been developed largest owners, acquired the prop- for 450 fret on its strike and it extends from the 1,000 level to tha erty and resumed activity. They bad worked but a short 1,330 level. The average width n esve-itime when practic- above tha 1.100 level ia approxihuge and is the same ally shut them off from the main mately six feet below that level so far aa limited body of the mine. The ore it When they finally worked development shows. by 4,295.1 tons shipthrough the old workings. It waa determined an average of found that the cavs-ln- , which ap ped. contained ounces gold and 10,5772 parenlly had ruined the property as 0.7(04 sliver. a workable mine, had In reality ounces "At the Iron King mine, develmade It. They found exposed by consisted of 13(7 feet of the cave-l- n tbe moil - remarkable opment and 11 feet of main shaft drifting body of hlgn grade copper ere sinking. This work disclosed, on over discovered In the district. ths 1.450 level, a fissure which Tbs discovery wss brought to contained, some commercial ora E. A. 8. tho attention of Whittard, and the main shaft waa sunk to of the uperlntendent Buckingham tha 1.550 level and a new crosscut Minn company, who succeeded In on the lowest level la being run Interesting a group of California to develop thla fissure. capitalists. A deal for the outright At the Colorado, development purchase of the property wss com- work la confined to a single drift pleted within a week. on the 100 level of that mine, mar-keaa- Former Utah Mining Big Indian Mine Man Is Honored! May be Shipper Erie V. manager of the Butte and Shipments of the Bingham ProsMining company, recently pect have been curtailed by bad Superior waa honored by Governor John roads, caused by the spring thaw. Erickson of Montana by being appointed one of a board of three known as tha Montana state education board, which haa supervision over all the public educational institutions in thla slate. Mr. Dsvel-s- r was born in Denver In 1555, In mining engineering st 1 graduated ths University of California in 1907 and spent the next two years engaged in hla profession In Callfor THOMPSON, New Operanla and Nevada, going from there tions at the smelting plant of to tha concentration plants of tha tha Mason Valley Mines comUtah Copper company, where he pany were suspended April 1, rose to assistant superintendent of according to General Manager mills. From 1512 to 1517 ha was G. A. Kervln. mill superintendent with the AlasMinins and milling will ka Gold Minea company at Junviinliniic at the rate of l.ono eau, leaving there to take charge Iona a dny. Concentrate will the Butte and Buprelor mill. In he shipped to the Garfield 1520 ha waa mads general superplant of the American Smeltintendent of the Butte and Supering and Refining company. ior and advanced to director and general manager in 1525. York. 23772;$ MOAB Flan are being considered, according to the Moab Times Independent, to start shipment of high-grad- e includ- 2555,-555.- i : s 07 0 0, Tho first dividend of tho company waa paid but October at tha rate of 20o a share. In January of tbla year, disbursements wars increased to !5c a share. Before federal taxes, gross earnings of the company for tho first quarter with March estimated to Net profit amounted 15X5,055.55. to $141,4254 after federal taxes and all expenses. During 1522, net profit, after federal taxes and all operating expenses amounted to 1167,113.21, Shipments for tho first quarter of 1525 amounted to 17,215 tone of ore with a grosz value of aa compared with 17.711 tons for the last quarter of 1121 valued at $520,521.51. V 4 455,507 51 z 20233 $ 44,03$:- $- 750,722 $17.12;$ -I- J j? . after all deductions 21-2- annually. $554,-227.5- rs Vital Statistics Utah Non Ferrous Industry For Year 1928 e 1522; ing depreciation and state and federal taxea, amounted to l. 451,534.52 or a share on tha iaauad stock. Grow ora sales, although soma what amaller than for 1527, bacauaa of a curtailment in the face of lower metal prices, amounted to 24.44C.Cli.SI. Figures, which have been prepared by the accounting department of the company show that tha 121,751 dry tons of ore which the Tintic Htandard shipped during last year contained 5,142 ounces of old. 2,051,555 ounces of Oliver, 55.255,665 pounds of lead. 2(372 pounds of copper and 2,472 pounds of bismuth. In tho matter of tonnage. also in metal contenta of the ore, the Tintic Htandard mine haa had better years than 1522, but that twelve-mont- h period waa re- This Information waa announced to directors at their lost meet' Mg, when a dividend of 25 cents a share payable April 22 to stuck of record April le, waa declared. Thla disbursement, the accoml quarterly dividend for tho year, amounting to 6191,511.75, will tha grand total to tions goes Into operation on April maintenance achieved. 15 after a test period of two weeks, Thla la not tha first occasion on the cogipanv will be enabled to which tho Combined Metals Retreat from 250 to 270 tons addi- duction company, headed by Mantional daily. ager E-- II. Snyder has accomplishNew equipment installed at tha ed Important pioneering work in Bauer plant includes an I foot by mcttallurgy. Tha company built 41 ineb Harding mill, a 72 inch tho first commercially successful Alklna classifier, and seventeen I elective flotation plant in tbe field and put thla foot by 11 Inch Fagergren flotation machines, three 40 foot plant in to operation in May 1524. bins, giving additional Ownership of tho Plocha propcapacity of 2400 tons bava been erties consisting of 5.000 acres, built. the mines at Bauer Utah, and tha A significant change has been flotation plant la vested in the introduced In the construction of Combined Metals Reduction comtho Fagergren machines. Rotors. pany 75 per oenT of which la own2 feet by 2 feet, are being used ed by the National Lead company instead of rotors 22 inches by 1 of St. Louis, Missouri and 25 per feet. Other features are the same. cent by the Combined Metals, Speed cf the large rotors has been Inc. The Combined Metals ReducRP. M. as com- tion and ailed companies operate reduced to 140 pared with 215 R. P. M. of tha at Stockton, Utah, tbe Tip Top, small rotors, and a material sav- tha Southport, Galena King, Hon ing in horsepower flor apace and erine, and Bluo Stone mines. non-forro- Deductions. Net profits of tho Tlntlo Stand ard Mining compnny for tha year Net profit of tho North Lily Mining company for tho first quarter of 1818 after federal taxes and all expenses waa at tha rata of $1.75 a year, aa compared with current dividend requirements of Minea Corporation area winze gunk to the 1,200 level and the North Lily shaft drifted n north to prospect for the block of Ophlr ehalea end relimestones. This venture was warded by a promising ore showing. Wednesday night, Mr. Fltcb reported that a streak of ora was followed in the east fissure for 40 feet or so and that during tha last II feet, tha wholo upper face of drift had been In ore asaying 12.40 gold, 12 ounces of silver to tho ton lead, Tho lower and 20 half of the drift la Cambrian quart-sit- e end the upper half Is evidently a bedded ore body replacing the Ophlr shale. Oil News Awaited. Tha other strikes made by the Shlef Consolidated on the 1,200. At the same time, Mr. Moore la Ue about 500 feet or south and carrying on hla 8tar of Utah opwest serose the North Lily, and erations. Thla adit, now in the at tho Desert Area claims for- formation about 4,500 feet, la being merly known aa the Tintic Bull- driven two ahlfta a day. ionIn a raise put up In the Since the report of a strong oil lusrtxlte searching for the Ophlr and gaa showing struck In tho Nav-J- o 120 fret of Petroleum Corporation's Cisco Hreta, at a height above the 1,200, the back of the well, drilling of which Is being fl heading has been all in ore for nanced by Mr. Moore, no news :he last twelve feet, indicating liint has been received from President If geology la worth anything, when end Msnagrr V. H. 14. Crsnmer, the Ophlr formation la struck 40 who is at tho Grand county prosfeet above, a large bedded de- pect in charge of tha teat. Bad posit typical of the North Lily weather, no doubt, haa delayed znd Tintic Standard deposits into the Dakota formation iheuld be exposed. This ore as- drilling to ascertain the Importance or thla says, according to Mr. Fitch, 11.20 highly promising development. In gold, 2a ounces of silver to the At a meeting held Tuesday, the ton and 25 per cent lead-Orfollowing directors were elected to Lies In li:g Zone. tha park Galena Mining company's The first carload shipment Is board of directors: Charles Moore, sunk winze from the iaken E. Ellison, B. H. $lng president; James from the 1,200 on the samo fu- Goddard, J- Fealhtrstone; T. I ture. This product should run Walden, viceF. president; Allen T. around 104 ounces of silver to the Sanford, and Con J. O'Nell. ton and 25 per cent lead. Directors went to Park City WedThla showing in the Desert arcs, to visit tho property, like the ope in Eureka Lilly nesday night officers and outline plana for ground on tho 1.200 level, lies In elect the same great mineral zone operations. sounded by two large porphyry dikes cutting through tho North Beaver Crown dl Lily in a northeast-ooutt.wetho section and between which North Lily ore body la situated. About J50 feet beyond thla winze and to the aouth. the Chief ConIn the Beaver Development workMilford. solidated haa entered the Ophlr Crown et Utah, formation near the Eureka Bullion la beingproperty concentrated on the 100 sideline. Thla was somewhat of a foot level on a four foot vein. The surprise to geologists, who did no hanging wall, showing on the surxpect the Ophlr to be struck so ran be followed a distance of soon. This working will be con face, It haa been 1000 fact. llnucd with the Idea of prospect- learned that Recently most of the ore shiping the Eureka Bullion property ped by the former owners, rsme Mr. of tho Chief Conaolidated. from this vein. A horizontal drift Fitch reports that although no ore Is now being driven between the In this drift, the walls to haa been struck the lean section formation appears to be very fa- and it Ispenetrate expected that this work ro rib Is to ore occurrence, will lead to an ore body of signihinklng Resumed. ficant also and value. Borne work On tho 70-- level of the Eureka Is also being dona on tho lower Lilly, the company haa opened up levels In both the winse and the al tiro deposits that carry from one Parker veins. Taro cars of to two ounces of gold to the ton ore were shipped recently. This ore, tying In tha Ophlr, is being exploited on a profitable baa-liAfter timbering the 1.204 ley. el station, ll.e North Lily Mining 1928 Reportec company baa resumed sinking the shaft to the quartzite. Production of gilsonlte from the Uintah basin for tho year 1521 On Examination. amounted to about 45,000 tons of R. II. Fairchild, mining and mineral having an average value metal engineer of Los Angeles who of f 10 a ton at tha loading point, lias been In Utah for tha lost rlx Mark. Total output would he ninntha nil rrti work lit the valued at sproxlmntelv 11. 154,004, Balt Lake Million of the United C'niuiwnles shipping gllsonltr Htatra hiircnu of mines and the were the American Asphalt Vtah Copprr company, left Bun the Utah Gilsonlte com day for Arizona on a mining ex pany, fre ltaven Mining compnny, umlnatlon trip. 11a will return to and the Diamond Gllsoalto Skit Laks In about two wsoka. per-cen- . WMafc will Chief Con Exposes Num- Drainage and Transportation Tunnel Started ber of Bonanza ShowTo Cut Veins at Depth. ings During the Week. DUjr YOU tHiti to the Western Mineral Surrey SALT LAKE CITY, UTAH, APRIL 12, 1929 Emm urn M ImA A Published Every Friday VOI 'UH copper ore from the Big Indian mine, aouth of this place. A large quantity cf high grade ore can be moved from the property at amall expense, it Is figured. Most of this ore Is hi tho form of float and a large quantity has slso bean mined in former operations R Is estimated that thla ore will average around 2100 par ton. At ths present pries of copper, which haa mounted in recent months to around 24 cents, the ore ran ha moved to tho Garfield smelter at a good profit. While tho hulf of oro at tha Big Indian mine la of low grade, and will have to he milled on ths ground, there Is also a large tonnage that will go aa high ns 22 per cent, and It la this rock that will be moved to the 'smelters. Tha ore will be bnulcd to Thompsons hr truck. Pay Increased. To Finance Work In Untie Copper Ore Output Will be Resumed Mine Employes ef tho Utah Coprer company received another 22 cents a day increase In pay last week. Ths wage scale of the Utah CopA communication la sent per company with thla raw ad- out lo stockholders of being Zuma ths vance in force la now 2 a day Mlnlhg and Milling company by higher than it waa last October. Prosldent W. F. Bhrlver of Eureka, Utah, atatfng that the com pany la contemplating the sale of treasury stock in order to operate Milling the mine without assessments. Mr. Shriver says: "Tha people with whom we art Being deallnr would like an option for (0 days at 40e per ahare on 300.000 shares of stock in addition lo our treasury stock. Shareholders who TONOPAH Operation ef wish to Nil their stork are re tha new Treadwell Yukon quested to forward It at once, at compnny concentrator properly indorsed, to the Eureka Tybo is to begin operating Banking company. Eureka, Utah, about May 1, according to who will forward full payment of W. H. Blackburn, consulting 40c per ahare. on June 1st. 1124. engineer for the company. or return certificates to them st Hqulpment Is now being put thst tlms. In ths event that ths in place bui some heavy maoption la exercised and that more chinery remnlns-t- he erefcted. than 200,000 shares are deposited, In ths meantime ths mins la payment will be made In the order being prepared for output. In which the certificate nr by the beak. 21-2- Tybo Plant Put in Shape o rt-el- Copper ore ia to be shipped from the Utah le!awaro mine at Bingham to the International Smelting company plant at Tooelo by aerial tramway. Formerly a heavy producer of tha red metal, output of tho Utah Delaware haa been chiefly silver and lead during recent years. Old slopes are being cleaned out and put In shape for production. Order Pumps For Iron King Mine Pumping equipment will be in tailed on ths 1000 level of th Iron King mlrva In tho East Tin tlo district to car for a flow cf water amounting to about 20 gal Iona a minute. Operations on tlio 1000 will b discontinued, according to Aaala tent General Manager James W, Brads, until th quipmnt can ba put la. c $ V i |
