Inter-Mountain Republican | 1909-05-26 | Page 6 | Mines and Mining

r If i and Mining Edited F. F BY W. W ed Sprague p a g ue HOLDAWAY NO NON NO IN N STANDARD t Becomes Large Stockholder After Thoroughly Investigating Ilves- Ilves hives hives- tt tig ting Sh Showing win r 7 A. A N. N Holdaway has become one of the IRr largo large c stockholders o of the Tintic Ho took Standard Mining company 10 over over overn a n a block of or shares Ilu es of ot the two d days stock after ater having o to te a thorough h examination of ot the company's property Ills Ils action speaks for tot Itself It I Is not as thou though h an out outsider lder had purchased pur pur- chased chaRet stock In the company largely upon tho the recommendation of Interested Interested Inter Inter- interested ested por persons ons No one perhaps perhaps perhaps- Is hi Ismore It more nore familiar with tho the formation orthe of or the Tintic district than Is Mr Ir Holdaway Hold- Hold away no away no ono certainly has hns made n a I closer study of or It Jt And In at least ono one notable Instance when Instance when ho he opened tho Colorado voin ein In Sioux ground ground- ho he was right on East Tintic ore oro deposition depo depo- sitton when a good mn many other experts experts ex ex- ex- ex were wrong After having ha completed examination of ot Tintie Standard ho declared In characteristic terms that If I It I dl nt t make mako a o mIne there wasn't a mino Inthe In tho the Tintic 11 district And nd nd he lie backed Lacked his Jud Judgment with wih a good sum stint of ot mone money Vein rIl In Is n Tho The Tintic Standards Standard's northwest drift on the level 10 01 ha has cut squarely square square- ly h across the tho big vein eln for tor a distance of SO feet teet and It ft Is 11 still sUI In vein mat mat- ter material Is Iron manganese manJa- manJa manga manga- nese nose talc with wih some shale all al highly That tho the values havo have been een leached out to so o great depth Is 9 b by no means a matter mater of oC discouragement to tho fun i management It It means on only I that the tlC greater results must be ue le attained at nt depth Tho possibilities of or ore oro deposition In that mammoth vein rein with Its Is peculiarly Ideal ore making formation forma forina- tion ton are so great that an any Tintic man Is I believed to be le justified In becoming mildly excited over It f. f The Tho Tintic Standard company compan Is 18 now In position to push further development development development develop develop- ment work outlined which Includes the sinking of ot a working shaft to the foot toot level and opening tho the two ll big veins In the property at at that d depth I