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Show Mining. Lone Pine Mining Company. Park City as a successful mining camp has in late years become a name to conjure with, and sensational strikes have become so common as to have received but little attention outside of local mining circles. Among the recent properties which are receiving receiv-ing the attention of mining men in Park City and Salt Lake, none rank higher as prospects with sure high-producer contacts and magnificent surface sur-face indications than the possessions of the Lone pine Mining company on Bonanza Flat, near the head of Snake river, of which C. M. Mair, now Sheriff of Summit county, is the efficient manager The most important reason for faith in permanency per-manency and high values of the Lone Pine properties prop-erties is the fact that both of the well-known Silver King lime and quartzite contacts can easily be followed from the greatest of Park City producers pro-ducers and dividend payers to and through the Lone Pine claims lengthwise. The surface indications indica-tions are acknowledged to be among the very best in the whole Park City camp. Work in the development devel-opment of these claims is being pushed as rapidly as possible and in the most workmanlike manner. The company is entirely out of debt, with 55,000 shares of treasury stock, which may be disposed of if deemed advisable. The owners are running a tunnel which is almost entirely in ore. the ledge being a fissure running the length of the claims. The whole ledge is highly mineralized and it is only a question of early development when shipping ship-ping ore will be assured throughout the workings. work-ings. The company is very confident, and reasonably reason-ably so, of a large ore body being tapped at the junction of the fissure with the contact, which is but a little over 100 feet distant from the face of the tunnel where work is now progressing. The Lone Pine is located a little southwest of the Daly-Judge and adjoins the Southern Tier on the south, from which high-grade ore has already been shipped immediately adjoining the Lone Pine lines. It also adjoins the Wolverine on the southwest, south-west, which is one of the most promising properties proper-ties in the camp. The Lone Pine adjoins the Rochester on the east, which property has also shipped some very high grade ore, and lying as it does in the midst of paying properties in the best silver and lead camp in the Western world, it does not require an expert in mining affairs to predict it will, as soon as the contact is tapped, rank among the best properties in the camp. A. H. Mayne, president of the Minola Mining company, whose properties are located in the Park City mining camp, adjoining the Silver King, has been at the mines this week arranging for the installation of new drills, compressor and boiler to be used in the development of the company's com-pany's properties. They have nearly completed the new pipe line for handling the power to be used in sinking the shafts and Mr. Mayne reports that the work is being pushed as rapidly as possible, with a view of tapping and cross-cutting the main ore body, which they anticipate opening up at a depth of about two" hundred feet. |
