Show will drive rive big I 1 drain tunnel company will be formed for de ah elop ment of the sharp ff prop erty i in n thoele tooele 1 county m mile 11 e tunnel for draining mine alex caldwell who has been at work on the sharp property in too ele etc county for tha the past two wo years during will which h t timela e b has shipped a total of about about lini thirty y carloads of ore one big shoo N was yda in town bs week lie he states hat he is now at sit work on a apropo proposition flon which may re suit in the launching of a new corn com pany for the development of the chirp ground and the seventeen claims which he has located adjoin lug ing that mine in following the ore mr me caldwell has developed some water and recent operations pe rations indicate that the best grade of ore will be below t the h e water mater level and it is because of that fact that he is anxious to drive a tunnel which will mill drain the in ne for many it are to come if it he were to un del take this job without assistance he be would drive a much shorter tun neu but it i a new company IB is launched anth ith some capital for development purposes aes a drain tunnel fully a ale ie in length will ill be a nt tit into the moun lain such it tunnel would drain the sharp property to a depth of about 2070 feet and make it poss b e to car r on extensive in ning one ons be low th ilace i lace where the large ore depos ts hive already been found the wat r aich which th a tunnel would devel 01 01 would b a source 0 considerable cone demable revenue as it could be used in the IT lr n of tb th dry farma farrus of bobele bointy anty the sharp is Ls one of the most likely looking mines in that part of the and ani wh ie the ore is nat not of a high ligh arade being a worth from 10 lo to 0 per ton there seems to be large juat aai titles of it and sir air caldwell states that one miner has been able to tali out as much as seven tons of ore to a sh tt it since he started sh all p p ng early in the summer he has placed a total of it ne tie carloads of ore on the market and enough ore to load two more is now on the dump with a product that averages from 5 to 0 which must be taken by team to th railroad it is necessary to mine a good tonnage in order to make a good profit and following the organization of the new company new machinery mac mach hnery nery will no doubt be purchased in cider older to facilitate operations mr caldwell caldell states that james hamilton of bait balt lake and other people hive just taken a leise lease and bond on the new bra era property which is about four miles from tin th sharp ground the bond calls for the pay merit of 10 to the present ow om nera ners in the event the property changes hands years ago the new era sh all p ped some very n ce lead a iver and there ther cissa is sa ato d to bea bp a fairly good show ins trig in the mine at the present t me A at t tho th kearns and 1 keith betth prop arty about eight miles to the north of the sharp property a tie new strike has just been made according to a report ali ell wis was in a few days b for fore sir me caldwell Cil dwell left that ace tion afoot has his been spent in the development of ot this groina gro ind durann the past few years and it now appears tint that the ovner aner are in line tor for cometh ng rig b sf as ounce eil ail ver ore has been found some of this ore ie is on the dump at the present time |