| Show MORE BONANZAS IN P PARK ARI HY CITY Millions Produced From Small Section of Mineral t Zone That Park qt City tho the home of oC bonanza t 1 production pines mines with close to I tion to Its credit Is yot yet a 0 fertile field for lor tho prospector I Is shown b by recent strikes In now oro zones mado In tho the Silver Sliver r ICing Klug Consolidated and Treas Treasure ro 1111 properties In an inter oeting document nt recently Issued Iss b by the club It Is pointed Park City Commercial Ise out that tho the oro produced 1 II by s the he cam camp has bas been taken from tram mines mine covering g I a 0 comparatively small section of at Park Cl City City's ts s mineral zone sone None Nono of at tho the minds included In tho list aro are yet exhausted and ami while the ground from which these millions millions have Loon boon dug 1 Is known to be bo very verv rich ried there still MUll exists undeveloped mineral lands in Park City's territory equall equally rich In mineral deposits If It mineral outcrop formations and other outer tat avor bly y accepted Indications aro are criterions upon which it is safe aCe to hazard an opinion 1 Tho list of or mn minus mins presented as having havIng hav- hav havI hav having I ing made mado the bulk of at the camps camp's enormous enor onor- I mOUR production while not nol absolutely absolutely correct as sa to the value e of of or f the output of at so 80 It follows follow each is 18 s approximately Mine Production OntarIo Dal Daly 9 Daly Nest Anchor Daly Dah Judge Crescent I Silver King 1 Quincy Kearns 1 Kearns t Total In addition to those enumerated other properties above aboe were several se producers whose which were largo large I not available ns as they thc records are their were and aU concerns pro private their owners About known on only to paid halt one of at the tho above total WAS Commercial In dividends ls says sas the cl clubs club's u blI Formal Formation iott rural mineral min min- In e The Tho formation t are found consIsts of oC lime oral eral and deposits quartzite te with occasIonal The limo Is do- do ot of porphyry hangIng forme the upper or and i. i and Is wall the tho toot foot wall formation the under tinder or titan than Is isIs of oC greater s Is lime in In some pomo formation each wIth t usual w Is t two o thousand thou thou- of at the tho canto p ft Jo parts palts Timor or sand ennd feet teet J lh Tim Tho ore was WIlS deposited the precipitations precipitations pre pre- a agencies through h the line place along lime taking the TacIt k II In or of fracture produced well as n as through Jugh the dynamic contact planes at the lime along the contact between between the tho quartzIte quartz quartz- and on of the tle- tle the de-the its Ite and limo Sono I found to exist on tho been contact posits have although Ute the knowledge col ot the I existence of at these latter deposits was waB comparatively recently I gamed gaIned Tho extent of at the mIneral be t r formation Is now nO to I had sup sup- than mining mining- men posed I as for m many n years el It had bad b been heen I assumed tho the mineral bearing lime was rather limited In extent and In cease conso- quenco oro ore deposits deposit somewhat circumscribed circum circum- scribed But Dut when the tho United I circum-I StAtes f geologIcal zoological survey 0 was mado made some BomO tow row years ago JO b by ono one of or Undo Sams Sam's s vcr very I able geologists a 0 Mr B a n arev rev revelation elation was Riven given to themen the tho minis mining I men as this p particular lime limo wa was found round to exist for tor many miles In all In consequence development de aro are now under way nay Va at several Su points i In this formation where years yean n ago oso litin little lit lit- lit little t- t tle tie attention would have ha v been Jhen Ki en to such a as there existed 5 settled Ideas as to to- the limit of ot tho the ore ore a existence which kept developments m ns n's within a n very limited area of at Park City's mineral zone Co cot Cost t of or Making Mines Some Sarno examples example of at the tho cost of at pine pine- placing In tag ing mines upon IL a pay paying tap b basis SIS m maY mav not bo be out of ot place but hato bear o In le mind our statements statements state state- that wo we d do not c claim that hat hatour correct in dollars men ments ts are nrc and cents In the stated sums which h we baso base them wholly upon os- os give h a as we wo Tho early earh development of the tho Dab Daly West mine cost In the nl neighborhood of ot 2000 before ore which placed It upon foot a 11 paving basis was wa out cut on the 9 foot le level l. l This property has since sineo paid alt somethIng like lIko 00 rind and is 18 sun still In a position tv to pa pay dividends dl for or a series or of years The Tho Quincy mino which la is now a n. part crt of the tho Dill raly W West Veat Qt Property was wae developed h by tt IL few tew men Who wo took ok lease nn and bond upon tho pro Property ort ca a n It wIth their own money mone money cap cap- for for tor and a before tho the end ond of oC two years succeeded led 1 In ln milkIng milkIng- ni more moro than O O through through its Us Its sale pro production and antl closed Tho down F great reat at Dal Daly Jud Judge o property i was wag own and bonded convict for and development was Intelligently and d persistently h pursued for tor on ono This a y year yea tion property irn paid thou then back resumed active o production Its bond hood mo money and d nearly nC In dividends durIng tho following year I Oro Ore Deposits Deposit Permanent The Tho Silver King now owned by the tho Silver I King Coalition Mines company I I was purchased Kunder under lease 1 and bond bondt I by the tho men who at Present are arc the controlling t ni factors In this great reat prop prop- Olt oily TheIr first undertaking consisted consist consist- ed cd i of at mm putting down a vertical shaft of or more than 00 feet teet In depth and anal drifting drIftIng drift drIft- ing from the tho bottom of ot thIs shaft some somo dl distance In the direction where they the believed tho the ore oro existed I They were I fortunate In having their Judgment I verified b by cutting the tho ore and from th that day ay on which tho oro ore was waa encountered th this ramous fatuous property has been beena a 1 continuous and anI a great graat profit proUt maker For a Q series of ot years ears It paid pula per annum In dividends and It Is le to today today to- to day said paid to have greater bodies of at high high- grade oro ore block blocked d out than at an any other othOr period of ot KB its history The condition just lust described bcd is 19 a n nus us usual un 1 ono with tho the mines of ot this district district dis dis- As a n. further example of oC ore are permanency trio the Ontario after atter producing producing producing pro pro- moro than still has hal plenty of oC ore on Us its lower levels and andUs Us its management Is busily engaged in making preparations to again place this famous old property on the tho dIvIdend dIvI- dIvI i- i end list Its works are tho the deepest In the district the lower levels le being moro more than 2 2000 foot feet and at that depth Its Us ore oro bod bodies Cs arc aro said to be strong laT largo large o and regular Many lany embryonic bonanzas are known to exist In tho the district but tin the owners of at these are not trot possessed of ot the tho necessary means menns to push development develop develop- ment of at such properties to the point of ot profitable production yet It seems hardly probable that such condition will long obtain In a 0 district with a n. larger percentage of successful mining undertakings to Its Us credit and with I enterprises to tomar tomar failures In mininG tower mar Its record than an any other othar great I country countr camp In this Western |
