Show north standard Is sensation of 0 new disclosures on the HOC 1100 level cause sensational ad vance in the price of of this stock officers make report 0 north standard stock furnished the sensation of 0 the week on the salt lake exchange advancing from 4 cents to 8 or 9 cents on the first call last monday later going to 12 cents and then slumping off a few points there has been a heavy turnover of the stock on every call since the first one on monday as much as 30 or 40 shares changing bands hands in a single day all kinds of stories hae hane been in n circulation good bad and indof ferent local people have been as much confused L as it if they were many miles away due to the fact that visitors have not been permitted in the property haw however ever there Is no question but wait what there has been a most encouraging change on the 1100 leal but it is doubtful it it justifies the story that a body of shipping ore has been encountered manager manson has hoi hot made such a claim but he has endorsed a statement given out by the directors in which t they ey say that two and a hall half feet of ore re carrying 28 4 ounces silver 60 0 cents in gold and some lead aps B been opened on the 1100 level at the intersection of two breaks the ore they state is an iron oxide and even though it may not prove to be a commercial pro duct it should be a leader to a more important deposit they havo have not made a definite statement that the entire two and a half feet will carry the values given above the officers who visited the property on monday night of this week and later gave oui out a report were manager john manson dr charles P F wilcox president john dorius secretary and treasurer and L A marks director A part of their report Is as follows the showing encountered on the 1100 toot foot level la Is the result of a carefully planned campaign of ex when work was first started on the 1100 toot foot level drift ing was done to the north tor for a distance of feet at this point an east west cross break was en countered which was followed to the east for a distance ot of seventy feet before anything more than favorable geological conditions were found to exist however at this distance i 4 body of low grade silver gold ore was found inasmuch as the formation was a soft blue dolomite limestone con favorable to ore disposition in the tintic gintic district the company s engineer advised the advancement of the face of the drift until a cross ing was found sixty feet from tho the point where the low grade ore was opened up a seam of iron oxide ore from three to six inches thick was i struck directors of the company and i miners while picking into the north wall of the drift soon after the strike was made broke into two and i halt feet of ore plans of the com are to develop this showing as rapidly as possible to demonstrate the mineral Is a permanent deposit or a kidney or lens of ore line with this plan at last reports from rom the mine machine drills are set up on the north wall a few feet back from the face to break into he the deposit at some distance nor h it the point at which the strike was nade made quite a lot of the north standard tock stock is held locally and even it if ll 11 yere were not for this fact the residents if this camp would rejoice to learn continued on page 6 5 I 1 north standard Is sensation of week t ay 0 f continued from page 1 f that a new mine had been brought in ij after a long hard pull such as the officers of this company have es ex a perlen ced the ground undoubtedly has great merit and even though nothing of importance comes of the new now development on the 1100 level this change cannot help but greatly W strengthen the faith of the men who have been bael backing drig this mining pro to eject lect they have kept persistently at work throughout the mining de do 1 pres slon of the past few years and as aai mr manson puts it they are going s to stick and make a standard nothing that could happen i in tintic gintic would be quite so pleasing W unless it should be the opening of two or three new now mines g later on this morning s call ff the stock Is reported to have slump 1 I ed oft off the cyz cents with sales pales of nearly 30 shares on the one call 4 4 robert H brown who has been assisting the company in the de 1 campaign Is in the dis brict today and will make an elaml nation of the property mr brown raj la is a former superintendent of the ali centennial eureka mine |