OCR Text |
Show MONTANA-UINGIIAM MINE SITUATION PROMISING The Deseret News Uvst Saturday carried the following storv with reference refer-ence to the Montansdltnghnm mine: It is reported from iBingham that the IMentanaWingham is now shipping about two carloads of ore a week, or approximately K0 to 120 tons. The ore Is said to curry 5 to 6 per cent copper, with a little gold and sliver. The ore is taken from the Fort una property, where extraction is from the richer streaks In the quartzite 'Most of the Ohio Copper ore Is found Impregnated through the same kind of quartzlte. The Montana-Bingham mill is not operating op-erating at present. The recent 10-eent assessment dates are May 8 and May 2S. the delinquency falling next Wed nesday. This Is the property which pays its new general manager the princely selary of $15,000 a year. It Is reported tht the second year the salary sal-ary is to be raised to I'iO.COO and the third yeur $;.00. This would make a total of $W,'"i0 In threi? yep.rs to he jpnid one man which would call for I a nice little assessment of itself. |