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Show Celebrating more than 92 years of seivice to the citizens of Eureka . Volume Ninety-Fiv- EUREKA. UTAH - July 28, 2000 e am mmumses iivr Chief Consolidated Mining Company (Nasdaq: CFCM) announced today that two independent assay laboratories had confirmed Chiefs own lavoratory assay results covering a gold and silver intercept contained in another surface drill hole located on Chiefs Trixie Mine property. The independent laboratories 35-fo- ot confirmed that the 35-fo- ot interccept at a depth of between 655 and 690 feet, contained an average of 6.7 ounces of gold and 9.7 ounces of silver per ton, with mingrades through the eralized area running between 2 . i and 17.1 ounces of gold and between 2.9 and 1 1.3 ounces of silver per ton. section An additional 50-tbbetw een 690 and 740 feet in depth was confirmed to contain an average of 1 .0 ounces of gold and 1 .8 ounces of silver per ton. On May 15, 2000, Chief had announced that significant gold 35-fo- ot ot Seniors enjoy parkpicnic event LeRoy and MaryLou ing along with the music. President Margaret Fennell an- Gouriey , and all assisting planned the Senior Citizens Annual Picnic. It was held at the Eureka Park on July 19. There were hamburgers. all the trimmings, fresh com, and watermelon for die finishing treat. There were good friends, good music, and a nice crowd. Leah Towers brough at C.D. by the Peteetneet Creek Ranch Hands which was enjoyed by everyone. The with an old time accordion Leah played many old songs. There were several sing- - nounced, there will be no meetings in August and September 6 meeting at noon will be pot luck. Enough thanks cannot be said to LeRoy and MaryLou Gouriey. They did the shopping, brought cooking equipment to the park, and were the overseers to make the picnic a great success. Everyone had lots of fun and a great time was had by all. See you at the parade! Class reunion planned For everyone that graduated from Tintic High School from ivities and there will be a book 1955 to 1975, we are having a Tomorrow's Memories available to buy for $15.00 if anyone would like one. The book is optional. Cost is $15 .00 per person and that includes dinner, dance and breakfast. reunion during Silver Days, gust 18, 19 and 20. We will meet at the Tintrica Park and spend the weekend there. There will be a barbecue the night of the 19th and the dance will follow at 9:00 p.m. The band "One Nightstand" will entertain us until midnight. Sunday morning breakfast will be cooked. Everything will take place at the park, so bring your Au- trailer, motor home, tent, or sleeping bag and we'll just stay there for three days. We will participate in the Siver Festival Fest- - Number 30 Price $.40 called Yesterday's Dreams -- Make reservations by contacting Mary Lou Draper P.O. Box 135, Eureka, UT 84528 phone (435) Quite a few of the invitations came back and 1 didn't have everyone's address. Please come and participate. We're looking forward to visiting with all of you. - 433-680- 5. and silver grades were contained in a 30-fomineralized zone, ot discovered at a depth of between 630 and 660 feet from the surface in the first drill hole of Chiefs Trixie Mine drilling program. The results of that first drill hole, combined w ith these newly reported 35 and 50 foot segments, together with mineralization contained in five additional surface drill holes, have continued to expand the known size of the gold and silver ore body. at fmt ters of an ounce of gold and five ounces of silver per ton. The contained gold and silver in this initial indication tonnage estimate equates to 52,000 ounces of gold and 351,539 ounces of silver. Tlie Trixie Mine is located on die property of Chiefs 100 subsidiary. Chief Gold Mines, Inc. in die East Tintic District of Utah. Tlie Trixie Mine's fully operational production shaft is located approximately 1200 feet from the new ore body. It is anticipated that work to Utilizing required grading drift into the discovery zone and procedures standard in the minto prepare it for mining will be ing industry', all gold assay intervals grading in excess of one completed during the fourth quarounce per ton were redeed to one ter of 2000, with mining operaounce per ton for all drill holes, tions projected to begin in Deincluding the drill hole reported cember 2000 or January 2001 . All necessary mining permits above. for die Trixie Mine have been reducthese Incorporating obtained. tions, the ore body discovered to Ore mined from the Trixie date contains approximately will be processed in the Mine 70,546 tons of indicated ore at an average grade of three-qua- rnewly rehabilitated gold and silver concentrating mill located on the adjacent property of Tintic Utah Metals LLC, Chiefs 75 owned subsidiary. The concentrating mill went into operation in June 2000 when it began processing surface dump The Tintic Historical Society material containing lower grade held its annual Picnic in the Park gold and silver values previously on Wednesday, July 12. A nice mined from the Trixie Mine. group gathered with the meat of Safe harbor Statement under their choice that wras quickly cooked on the grill by Bill Morris. the Private Securities Reform Act The variety of foods available for of 1995. This news release contains the tasting was astounding. Evwhich are not historistatements eryone really enjoyed themselves. cal tacts, such as anticipated proWhat is more surprising is the WIND didn't even blow, the duction, exploration results and projections and therefore are weather was just right. "foreward-lookin- g statements" The museum has had several within the meaning of the private visitors lately, including a family reunion who also enjoyed the securities litigation reform act of tours of the area on the tour bus. 1995, and involve a number of risks and uncertainties that could The society is busy getting ready cause actual results to differ mafor die busy month of August with terially from those projected, a last minute cleaning and sprucanticipated, expected or implied. ing up. Volunteer help would be These risks and uncertainties much appreciated. include, but are not limited to the The society is also working following: the gold and silver on a museum sitters list for Auvalues found in the reported drill gust 19, please say "yes if ap- hole proves not to be an extenproached by the museum board. sion or part of an orebody that Thank you, we really do feel the can be profitably mined, even if museum is something the whole subsequent surface drilling concommunity can be proud of. firms the presence of additional History group enjoys picnic m, high values of gold and silver ores in the immediate area, the profitable mining or the area is not commercially feasible. We refere you to Cheif s Form B for the year ended December 1999 filed writh the securities and exchange commission. 10-KS- News tips, items wanted forReporter If you or anyone you know has any news items that you believe would be of interest to the community, please submit them by mail, P.O. Box 150, Eureka, UT 84628, by drop box (located in the entrance of the White Owl on Main Street), or call (435) 433-693- 3. We would like to see more Town Talk items, so if you are going on vacation, holding a party, hosting a special visitor, etc., please tell us about it. Our subscribers read our paper especially to hear more about the lives of our residents, but they only can't if you don't out-of-to- submit! Letters to the editor or community are welcome... so if you have any concerns or comments, let us know about it. Also, if you are a past resident of the Tintic area and would like to have a little article in the paper about what you are doing with your life now andor past memories of your life here... please send it this way. They will always be welcome. Our readers are the heart and soul of this paper, and their continuous efforts to keep it going will always be appreciated. The end of wisdom is to dream high enough not to lose the dream in the seeking of it. Theres nothing wrong with man if you being a self-madont consider the job finished too soon. de |