Show Scene of new Park City mining plan Picture indicates area of various mining claims en which joint exploration work will he Two other further a arc not shown Three Mining Companies Pool to Test New Ground To consolidate development of several mine the Park Utah Mining Silver King Coalition Mines and the Daly Mining have entered into a joint exploration agreement on their properties in the Park City Since there are 30 to 40 claims involved in the with probable conflicts as to apexes and it is believed that this mutually beneficial plan is the only one to further development work and avoid legal Purpose of the exploration work is to cross-cut a series of fissures which occur at close intervals on the several The main fissure in known as the Crescent which dips to the south and outcrops on ground owned by Silver Similar fissuring is indicated on Park Utah property and parallels the Crescent in strike but has an or These fissures form a wedge approximately 2500 feet apart at the The development program proposes to cut the fissures at depth where they This would open up a large area should the anticipated ore be encountered at the There are also minor fissures dipping north and which would De prospected by the taking in a block some 1200 feet wide and miles The cross-cuts will be run from various levels and range in length from to and from to depending on distances to the fissures Park Utah will push the cross-cutting of its easier access to the prospective ground through m drain tunnel which is feet below the other companies' lowest for King would have to pump water 1300 The business arrangement provides that each company contribute an amount of acreage to the joint block of ground on which explorations are and that the costs be shared pro rata and the ore equally The Park Utah and Daly Mining companies have a separate agre ment since the Daly holdings do not enter into the Silver King To date about feet of cross-cutting has been with two narrow fissures exposing ore of good milling Thirty-five to 40 tons of ore are being produced At present the work consists of a three drift headings and two Paul vice-president of Park said the exploration program will require from fi to 8 years to This will assure the continuation of the many benefits such as employment security and prosperity which mining companies have brought to the state of Utah for over half a 4 |