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Show Mining JSfotev. Another important strike has been reported from the Columbus Consolidated. This time it is in the winze that is being sunk from the tunnel level and is a vein of sulphide ore four feet wide. Mr. Jeffs, who recently returned from that property, prop-erty, says it is no longer a prospect, but a shipper, and one of no small consequence. The first shipment ship-ment is arriving at Wasatch to be loaded on cars and when completed will be about a hundred ton lot. Assays from this lot show from thirteen to thirty-three per cent copper and about thirteen dollars dol-lars in gold to the ton, as well as a large percentage percent-age in lead. Three shifts are being worked constantly con-stantly and Manager Jacobson is starting fo upraise up-raise at two different points on ore in order to increase in-crease the output and hurry along the first shipment, ship-ment, which they expect to send to the sampler this week. The finances of the company are in very good shape and the directors are contemplating contem-plating the erection of a power plant to furnish air and electricity to the neighboring mines, as well as to their own. There is a good flow of available water sufficient suffi-cient to furnish the needed power from Little Cottonwood Cot-tonwood creek. With such a plant established as the one contemplated, mining in the Alta district dis-trict would doubtless be prosecuted with more vigor and work in some of the older properties be resumed. The company still holds about fifty thousand shares of treasury stock that since the recent development has increased so in value that none will be sold for less than $5 per share. & The dissatisfied element of the Boston Con. shareholders who were so anxious to secure proxies prox-ies with which to oust Mr. Newhouse and his management man-agement at the annual meeting will more than likely give up all such hope after reading that part of Expert Ralph Nichol's report where he has to say: "I have never seen so big a property so well developed and have never seen so much work done in a mine in ore, and so little in barren country, therefore I consider that the work has been most satisfactorily and economically per- formed." I It is understood that the request to send Mr. Nichols here was made by those same dissatisfied dissatis-fied shareholders with the hope that he would substantiate sub-stantiate their charges against Mr. Newhouse and it is very pleasing to his many friends and the local shareholders to know that they not only failed in this but gave Mr. Newhouse one of the best endorsements that could be bestowed on any ji management. I&w fc5 sV j Indications of a big mine are daily becoming apparent in the nine hundred-foot tunnel of the Naildriver Extension. This tunnel is 'being driv- en along a contact of lime and quartzite and al- M ready values are appearing that are very encour- aging to the management. A sample of the ore A is shown that is highly mineralized and it looks as though an ore body might be encountered at most any time. & & The strike of rich ore on the May Day seems to be all that is claimed for it. The ore body was tapped at a point 170 feet below the tunnel level or about 700 feet from the surface, and is drifting in on it a distance of eight feet, it has widened from two feet to twelce. A great deal of solid galena makes its appearance all through the ore body and the manageemnt says that this in itself will run as high as 75 per cent lead and one hundred ounces in silver per ton. Superintendent Matthews expects samples across the whole vein ! to go as high as thirty-five ounces silver and 35 per cent lead. i With the enormous deposits of coal that are steadily being developed by the Milner-Gilson syndicate just north of Price, in Emery county, there is little danger of Utah ever experiencing a coal famine. This syndicate owns thirty thousand acres of coal lands half of which is already patented, patent-ed, and they are getting government titles on the balance as fast as the laws governing such lands will permit. The contour of the ground makes it possible for the company to do mining very cheaply and also allows for good ventilation in the mine workings. Manager Gilson says all that Is needed now to make their proposition a great -commercfal one is a railroad to haul their coal to market.. |