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Show heavily charged with valuable minerals. When some of the float from the : -'Cold Peak" mine was exhibited in Salt Lake last week, an old assayer remarked before the assay was made: ''If that rock goes $15 to the ton you have a good thing." The assay showed $20, that being high for croppings. Some ledges with much richer ore have been subsequently found, which will go all the way from $-30 to $5U a ton. Such ore'is now ready for shipment and money could be made out of it. Carbonate of silver and gold, showing ten ounces of silver, with good indications of , other metals, which were not assayed as-sayed for at the time, have been lately discovered. That is a fine showing. Such a mine in a well-known well-known district would be worth considerable con-siderable money. Several new locations have been made, since our last issue, by the prospectors who have been and are now looking over the hills to the east of the City, with the hopes of discovering something as good. Our excellent and superior railway rail-way facilities the county road passes straight through the lower end of the mineral region and the railway station is only two miles and a "half, all down hill, from the place make mineral in the camp worth just double or treble that ol a like kind in La Plata, or other camps so far removed from railways, rail-ways, ore markets and mills. That Brigbam City has struck something rich is unquestionable; and that the new mining company will succeed in "showing it up" is sure. A season of mining prosperity has dawned upon us; let us make the best of it in the bright, early morn. Mines are now being worked on the north, east and south of us; still hundreds remain undiscovered undiscover-ed in the mountains in this vicinity. vicin-ity. Not long will they remain so. All that is now necessary is to make our mines known, that but a short time will elapse before the Oiipital essential to opening up the sitle of the newly discovered mineral min-eral mountain, revealing its vast treasurers, will be forth coming. The board of directors of the company met last night. They decided de-cided to change the incorporation papers to read, capital stock $10U,-000, $10U,-000, divided into 2.000 non-assessable shares, of $25 a share. Miners will be employed Monday and work on the Gold Peak mine will be commenced about Wednesday. The company means business. lUMES In Box Elder Canyon to be Worked at Once. The Britain City Mining Co. Incorporated. A CAPITAL OF $500,000. The Leading Easiness Men Will Push It to the Front. MOHEY ADVANCED FOB THE DEVEIOPMENTS. Tht Grrut M!l-Long Copper Belt-New Belt-New Flnd of Klcher Ore-Other Ore-Other NL. At last Brigbam City has a genuine mining boom. Steps toward the development of our mining region have been taken that will inevitably result in good: the bringing to the knowledge know-ledge of mining experts and capitalists capi-talists just what worlds of wealth our neighboring hills and mountains moun-tains now contain untouched. Thursday the Brigbam City Mining company was organized and incorporated for $500,000, or 5,000 shares at $100 a share. The existence of the company will be for 50 years. The oilioers sluill be elected every two years. The head quarters will be at the Bank uf Brigharn City. The following arc the names of the officers choeeu: President, 0. i'r. Snow, President of the Bank of Brigbam City; Viee-prest, J. R. Stephen, of Provo; Secretary, M. L. Snow, Manager of The Blgi.eu; Treasurer, L. T. Pcircc, Manager of the linn of Boot he t Peircn; Attorney. At-torney. B. II. Junes, of this City. The new mining company has secured most of the best mines recently re-cently discovered in Box Elder canyon. They have succeeded in purchasing live .f the most promising promis-ing claims. Olheiu will undoubtedly undoubt-edly be bought before the. company makes the proposed extensive developments de-velopments which are to bring this region into prominence. Work on a limited scale will commence at once; probably Monday Mon-day next week, as part of the funds necessary have already been advanced. ad-vanced. Negotiations are now being be-ing made for experienced miners. The money realized by stock Miles will be used solely for development devel-opment purposes. The- merchants have signified their willingness to subscribe freely for stock, that the necessary improvements im-provements may be made forthwith. forth-with. Nearly all of our business men are "in for it;" they realize full well the vast importance the proper working of our mines on an extensive plan will prove to the business men of our City. It would, in fact, be the making of this i lace. The opening up of a bonanza bo-nanza here would make our City wealthy. prosperous and progressive. pro-gressive. The mines thoiupelves are all riftht. There is no doubt in the world but what almost limitless quantities of rich min .'ral are deposited de-posited in that icinity. The mineral stained float, some of poorest poor-est specimens of which showed in the skillful hands of the govern- j incut assayer at Salt Lake t carry j $25 in gold, silver and copper, wit:: j which the mount tun is lite rally covered, and the mammoth copper I belt, which can be easily traced: for a mile iu k-nih. all go to proc beyond controversy that great beds of valuable metal lie there merely covered by the rock of ages. 11 reat ledges have been newly found containing wide veins ot gold bearing quartz. Even the surface indications show surprisingly surpris-ingly rich. But everything dwindles into c o." i rati ve insign idea nee when l'.i along side the great copper b it. This runs Ihe entire length of (he large group of claims, all f which seem to depend from it. like limbs from the stump of a powerful power-ful tree. The future of the new camp depends de-pends entirely on the development 01 this wond'M-lV.I !' :r d :! "':i- rran- an wealth. V -n:1!:. u .ieowrinos ha v.- a re.r ty i. e1: m:tdc at different points a ! n-.g i? length and the den r the shaft tb richer the rock ciicor.r.t- -'-. Old mining extort- h !!. 1 i'. dy vis'.ted and i ' : b-il." declare that a V v ct w- ; i 1 t-'trike soviet h -r " -;"!;.' rich. The i a ; - " and lay !' th " i'; . unusually .: -' " r i copper belt c" ; .' ' ' n usibly exist i '-i |
