| Show j I Edited I L I Mines and P j Sprague F. F BY W. W DEEP ERA fOR CAMP Utah Metal Tunnel to Tap Big Producers at 2000 l Feet Feet A new era for ar n an era ela o of oC deep mining at qt low coat cost Is Is brought brough In view b by the tunnel project o otho of oC the tho Metal com company pan which through consolidation with tho the I Ring fling Ringham ham Central Standard Mining company compan i Is being being taken over U uy no Utah Metal Meta Mining company The Metal tunnel already In feet will w tap at the thc depth of 2000 and 2500 feet reeL such Bingham producers as Central Centra Standard lat last Chance o tou Consoli- Consoli dated United States Stales and Bingham ant antiNow anti Now Haven providing an outlet for the ores from that enormous depth by b elec- elec electric trie haulage direct to tho tue International company's smelter In Pine CanolA canyon Canol A disclosure which gives added Importance Im In-i- to the project Is that the tunnel tunnel tun tun- nel nd nine feet wl wide e and nine feet high Is being driven at a 0 cost of or only 7 a foot This extremely low cost is accomplished by reason rason of or tho the company corn com pan pany owning Its own power plant by which electrical energy enelS enel'S Is 1 developed b bj by wat water cater r power Not anI only has hns the compan company com corn pany pan ample water yater to provide pro the tho power pow pow- er needed but It owns rights to sev say ent five enty-five tYe miners miner's Inches of or pure pur mountain water which has been set aside to supply the tho town of or It I will wil also have surplus power to tho the extent of 2300 horsepower to sell sel to other mining companies Only I cc to tn Ore Ure Tho rho total length of oC the tunnel will willbe willbe w be feet teet requiring eighteen months yet et to complete completo It but hut It is due to tu strike mineral-bearing mineral ground In the tue Bingham C Central Standard e es estate estate es- es tate about alou 2000 feet ahead of its Is present face ace The Tho portal of or tho the tunnel tunnel tun tun- nd nel is In Middle canyon on tho the Tooele side of ot the range with an cas easy down grado o from Crom that point to the International International Inter Inter- national company's compans smelter The Utah Metal Metai will rIll company wl own more moro than titan acres acrel o of land IncludIng Including ing about acres acre of oC mineral bear In ing ground the remainder having been boen taken taleen up to secure water rights ana ane anami mill mi site sie and the mill mJ site sie Is said to tobe tobe tobe be one of at the best In Utah The he now new company is a a Maine corporation cap cap- cp- cp for shares par value 5 55 a share It I will wi have ha shares of or treasury stock and the tho th remainder will be used to take up the stock of ot the Central Standard and Bingham Metal companies upon a n basis ot of exchange which has not yet ct been announced |
