OCR Text |
Show Activity Resumed at Holt Mine In Escalante Valley After many months of exploration explora-tion with diamond-core rigs, de- velopment has afip.in been started start-ed at the site or. the Old Holt Mine In the southeastern section of the Escalante Valley near Enterprise. En-terprise. Although it Is just in the past year that there has been any activity at the old mine site, the exploration can be traced back to the late 1890s when the claims were first taken for the removal of silver ore. Since that time various groups have attempted to ork this mine, which for various reasons were halted. One problem that hampered the removal of the ore In the past was the large amount of water which flowed Into the workings; much more than could be handled by large turbine pumps removing around 1000 gallons of water per minute, min-ute, j If it is found that the water flow Is still a problem, it is felt that modern technical develop-j npnt in turbine pumping equipment, equip-ment, capable of pumping up to 7000 gallons permlnte, will remove re-move this obstacle. It is understood that immediate immed-iate work will be concerned with further exploration to determine the extent and depth of the ore bodies located by the diamond core drilling and whether the reserves will Justify the removal of the ore and construction of a reduction plant for the silver ore. If present estimates are found 'to be accurate It is felt that the 'venture will require betwen 40 and 60 men by late summer and fall of this year. |