| OCR Text |
Show 8 INTER-MOUNTAI- N (leus of $amps. The Review desires reliable correspondence from every mining camp in Utah, Idaho and Nevada, and will give publication to any news items of merit coming from a trustworthy source. Liberal commissions will be paid on subscriptions. UTAH. Summit County. Correspondence Mining Review. Park City, Jan. 27. The regular ship- in ping mines of the camp continue the even tenor of their ways and nothoccurred. ing of striking interest has There is, however, quite an active demand for leases and bonds on some of the best undeveloped properties, which indicates that Park Citys steady production has attracted the attention of outside capital. Your correspondent knows of two or three deals which, if consummated, will add to the list of shipping mines within a few months. In spite of the new pipe line, the Daly-We- st management continues to have a short supply of water for the new concentrator. To overcome this 50,000 gallons difficulty a large tank offinished. This just beento fill capacity has allowed during the tank will be day will furnish night, and during themill. This concenample water for the trator is splendidly equippedto and the should add a great resource Daly-Wes- t. The purchase of the Bogan group of claims by the Silver King company was a very important deal, and will have a decided bearing on the pending legal contest between purchaser and the Alliance company. The Alliance has been after this ground for a year or more, but did not speak loud enough. I am informed on excellent authority that the King management has had an option on the property for ten months, and the payment of $30,000 was merely the consummation of the deal. The dividend of 10 cents per share, which the Ontario company will pay much comJanuary 31st, has caused ment among mining men. Many say that this action will tend to bear the stock as low as $S or $8.50. They contend that Ontario stock was a good buy at $9.50, so long as the probability existed that the company, with its immense surplus, would begin paying dividends. But now, they say, since a dividend of 10 cents per month will probably be the programme, it is not as desirable an investment as is any one of the Utah dividend-payin- g stocks. Col. W. M. Ferry is pushing development work on the Putnam group. There is a strong fissure vein in quartzite on this property, the walls being five feet apart, dipping about 60 degrees. Bunches of ore occur in the vein, but not as yet in shipping quantity. The Creole is a property which is not attracting the attention it deserves. In the rush for Mercur and Cripple Creek stocks this mine has been overlooked. The company is prosecuting development work vigorously with two shifts of men, and has a vein of ore between two and three feet wide. The walls are lime and quartzite formation, similar in all respects to the famous King, and the ore is almost identical in character and value to King ore. The Anchor pounds along as usual. ore was Quite a lot of first-clashipped last week, in addition to the shipments. The regular second-clas- s new diamond drill which is expected to arrive soon will be put to work on the 1600-folevel in the south drift. Last week the Morgan company received a new wire cable for the Incline. The cable was immediately put in place and ore stoplng resumed. The new hoist is being vigorously pushed to completion. Superintendent Lawrence of the Cumberland group reports that a station has been cut in the big tunnel, and that a shaft will be sunk to good depth. 25-ce- ss ot nt MINING REVIEW. This move, it is believed, will put the Cumberland fairly on the road to a paying proposition. The Record has an advertisement from Cols. Treweek and Shaughnessy, asking for bids for sinking 1000 feet of shaft on the Dream claim, which is north of the Silver King. This indicates that the lessors of the Mayflower and Ladies Drum groups intend to take advantage of their lease and perhaps push their already planted lawsuit. Following are the shipments for the week ending January 25th, to the Mackintosh sampler: Silver King, 689,150 pounds; Anchor concentrates, 325,660 pounds; Anchor, first-clas- s, 135,700 pounds; White Rock, 10,400 pounds. Total, 1,160,950 pounds. mountains about twenty-si- x years ago, and the first mining district organized at the time is still in existence, and a number of the mines located and opened in the early seventies are yet being worked, with no. sign of becoming exhausted, but growing greater and richer with exploration and depth. The geological formation and structure of this great mineralized zone or belt had been pronounced of the most permanent character by scientists long in advance of the now demonstrated facts. The distinct contact of and plutonic rock formation is evident to the ordinary observer, and the thorough mineralization of their fissures are features not usually met with in so large a range of mineral country as is found here. meta-morph- ic far the mineral bearing area embraced within the Timtics proper, contains not less than 450 square miles of So Tooele County. CAMP FLOYD DISTRICT. Correspondence Mining Review. The Jumbo is Mercur, Utah, Jan. lime a depth of at the going through owners of feet. The the bond, fifty Mike Hennessey, A. Burch and A. M. Spooner, feel confident they have a good property. They have been offered a $25,000 advance on their purchase, but refused. The Rover company have let a contract below the old Silver Cloud tunnel. Contractor James Hogan says he will finish the contract on the first 100 feet on the Golden Seal by February 1st. The Annapolis is working two shifts and nearing the pay dirt. . W. I. Higgins has secured the ground just north of the Gold Channel, making nine claims in all that he owns in the valuable group. The Mercur company are sinking on the Mattie No. 4. It is reported, and by good authority, that they expect to build their main works at that point. The East Golden Gate is steadily working down to the vein. Two shifts are working awray on the tunnel. The ball to raise funds for a hose cart and to start a fire department was a success. We understand the management cleared $150. The men on the Golden Seal have for several days been bringing fossils into camp. Among the many they have found was a petrified toad. They are quite interesting. C. H. Scheu has resumed wrork on the Midland. J. W. Hamm came out from the city Friday last, accompanied by J. A. Jennings, who is working up several properties in the camp. will be comThe Mercur opera-hous- e soon. pleted Judge W. B. Pittman has started a home dramatic company. The Judge will probably take the leading parts. Work on the several properties now being operated in the west foothill country shows values in every property, The foothill country is fast coming to the front and will soon be rated as the best part of Camp Floyd. n D. McLeod of Salt Lake, and a mining man of Bingham, is in Mercur looking for snaps. 27. 100-fo- ot well-know- mountain and valley and dotted over this whole region Wherever tA dykes or fissures are most clearly shown the pick and drill has proven that ore of greater or less vaue is in place. The ores of the different geographical sections of this region vary in some im- portant features, and carry the metals in somewhat divergent proportions, but all economic problems appear now to have been overcome in the treatment of the ore product, by the perfected concentrating and the cyanide processes. Eureka, for years the metropolis of the surrounding mining towns, is convenient, and accessable by railroad transportation from all points. The climatic conditions are a favorable feature over more northerly or elevated localities. The low lying mountain make the expense of roads ranges and the soft character of the cheap, rock generally, and freedom from water in the mines make mining and development comiKuatively inexpensive, and the absence of poisonous gases and minerals makes the labor of the miner healthful and free from that feature of its dangers. Taken altogether the Tintic mining district possess unequalled advantages to the seeker after legitimate investment, the speculator or the miner. Eureka Democrat: The latest news from North Tintic district is of a very encouraging nature. Late assays received from samples taken from the Quartz group show results ranging from $1.27 to $35.36 in gold, giving an average of about $7.50 per ton. The Quartz group, consisting of four claims, lies about one-ha- lf a mile west of the Old Greely springs, is owned by John Davis and partners, and is developed by a tunnel run on the vein seventy feet, which lias been crosscut fifteen feet to the west and about twenty-seve- n feet east. Neither wall has yet been found. The ore is similar to the Golden Gate and Mercur bodies in structure and general appearance. The North Star shaft is now down 350 feet, and the vein is good and at the bottom, with large bodies strong of ore exposed that will go about $9 in gold and ounces in silver. Considerable Juab County. ore is still being taken from the and lower tunnel levels for upper TINTIC MINING DISTRICT. Rumor has it that a mill shipping. Correspondence Mining Review'. will be put in for working the mine Eureka, Utah, Jan. 27. We have product as soon as spring opens, and it heretofore in these columns spoken looks as though the property would mainly of some of the leading mines of justify It. The Mammoth marketed ten cars of this district, and others that are well high-grad- e ore during the past week, advanced towrard the profiu ction stage. run and It would seem important, however, at nearly 700 tons through their from which they loaded three this time to give some general informa- mill, cars of tion that may be of value and interest silver-gol- d concentrates and five bars of bullion. to the army of anxious inquirers who are looking to the unparalleled mineral fields of Utah for mining opportunities. Salt Lake County. There is not one other among the WEST MOUNTAIN DISTRICT. number of great mining centers of this Bingham Bulletin: The strike in the vast intermountain region that has bet- Antelope is the most important of reter stood the test of time, or today cent occurrences in West Mountain disstands upon a more substantial founda- trict. On Friday last, at a depth of 650 tion than that of the Tiwtic range. The feet, the incline broke into a shallow' precious metals wrere first discovered in cave, evidently an old watercourse, and this detached portion of the Oquirrh further sinking seems to demonstrate high-grad- 60 e |
