Show iron ore may be of great value jesse knight intends to construct a furnace for reducing this product to sponge or pig iron tons in sight while the officials of th rn ghi companies in tintic gintic do not care to discuss the matter it is g understood that uncle jesse knight the well known mieng mm ng operator is planning to erect sone some kini kiml of a smelting plant or a small furnace for the treatment of the iron ore at the dragon mine at silver city th a property alone contains more than a j million tons of iron or rather has that amount of this ore blo ked out I 1 and ready for shipment bit bat at the present time there appears to bs be no market for this class of ore what mr knight proposes to do is to re I 1 duce this iron ore to either sponge or pig iron in wh ch condition it can llor be marketed sponge iron can lan be used in precipitate preci on work nork in the big ul milling illing plants of thor th western country and there is auais a good market for r pig iron which is used for manu manufacturing ac turing purposes purposes it is seated a abed upon very good au an dhority t t the p for declue ing iron ore re is a avery very simple one and that it t la is do done e with a furnace that can be constructed u ted for a email small amount of const one for in many y ear the dragod as well as some of f tv effae other tintie proper ties wa was a he neavy vy sh pp r of iron oree ores this product being used as a flux at all of th shelters smelters butt but re bently the smelting companies have secured their own iron deposits and it ie s now immoss ble to find a mar ket f for 0 r iron ore is not a b ater deposit of iron are cie in the state than that owned by the dragon co apa ly the ore run ning aiom 55 to 60 per cent and mr knight is confident that th s ore will in the near future b worth a lot ol 01 money iron ore of practically th h same quality is found at the black jack and iron ring kin properties alex adams this week went out to orth north scranton with a force of men to resume work on this prom ising property owned by lehi p 0 pie the north scranton 0 jovn in rs are the most persistent miners in the state indications are that they will mill Iti be bearded rev rear added ded lehi ban ner |