| OCR Text |
Show E3llliG Between this date and the first of the coming year a lot of assessment work will be required to hold the unpatented un-patented mineral ground of the Tintic district- Some of this has already started. v A contract for 100 feet of sinking in the shaft; of the Central Standard has just been awarded. The shaft, now has a depth of about 575 feet and the sinking is costing the company about $30 per foot. Establishment of an experiment station sta-tion of the bureau of mines at the Mackay school of mines, University of Nevada, is expected to result in Mrge benefit to Nevada and the mining districts dis-tricts of other states. The number of 1'ark City shipping mines Increased to a total of seven, with a production of 1707 tons of ore, during the pust week. Forty tons of premium spelter was shipped by the Judge Mining & Smelting company. f A (report from Elko, Nev ' states that thefTonopah Mining company is planning' to enter Jarbidge, the well known , gold camp in northern Elko county,' having already secured options op-tions on many meritorious properties. ' ' The''Meult lease oil the Lone Star group is erecting a small mill on the old Anaconda millsite, with plenty of water available. Forty tons of ore assaying as-saying $300 to $1000 per ton are ready for treatment, says a Goldfield correspondent. corre-spondent. ' The Blue King group of claims, five miles northeast of the Walker mine, which Is now being operated by the Mason Valley Mines company, has one Of the widest mineralized zones on tbe surface to be found on the Plumas copper belt, it is said. Purchase of the Gold Hill group of ten claims, located twenty-five miles southeast of Goldfield, by the Gold-field Gold-field Development company, has been officially announced. The Gold Hill is traversed by a huge gold-bearing vein seventeen to forty feet wide. The decline in the price of silver from an average of $1.22 an ounce for the first five months of the your to between 93 and 94 cents for the succeeding suc-ceeding three months, put a decided crimp in earnings of United States Smelting for the period from June to August, inclusive. News of an Important nature to those who have capital invested at the camp of Bico, Colo., reached Salt Lake last week. This was to the effect that the entire holdings of the Syndicate Mining & Milling company had been bought .and taken over by ' Bulkeley Wplls of Denver and TeUurlde, Colo. It is understood that the directors of the East Crown Point Mining company, com-pany, Tintic district, will soon award a contract for sinking the main shaft whlriwas started last year. Their plans cuA for '.a sufficient amount of work to protect the unpatented claims of the company for the present year. A large body of magnesite ore is being developed !n the .mountains two miles east of Hyde Park, Utah, which hj six i miles north of Logan City on the Wasatch range. The first shipment ship-ment of ore will 'be made during te week. This is the first magnesium carbonate to be found anywhere fli Utah. Steel buying remains quiet and recent re-cent changes have been downward in 1 price, with cuts on plates, sheets, skelp and semi finished steel. Sheets have been reduced to .5 cents bas for blue annealed, 7 cents black plate and 8.2.") cents galvanized. Interest has hern more active lately on tat ac- c""ntv i, Americans and other foreigners owning .mines which it was etJssary to close down during the revolutions in Mexico have been relieved somewhat some-what from the pressure set upon them by tho decree of July 0, WL'0. A new decree gives mine owners until October Octo-ber 31,' lO'.'O, to pay the year's back taxes and all taxes. The midyear report of the United States geological survey indicates thnt a condition of relative stagnation still exists In the mining industry oj the state' of Nevada, and that the total output for 1920 of the. five major metalsgold, met-alsgold, silver, copper, lead and zinc will show a decrease, as compared with the total amount of these metubj produced in 1019. , , , Operations In the Logan shaft of the Ruby Hill mine at Eureka, N'ev., have been resumed, and the shaft has now been cleared of all muck and waste below the 1100-foot level.' The pumping pump-ing operations have shown that ' the volume of water coming Into the shaft la far less than was anticipated, and little trouble in keeping the ' lower workings drained Is expected. , Shale fields .of northeastern Utah will likely be one of the important petroleum supply sources of the United Unit-ed States when the domestic oil production pro-duction is Insufficient to meet consumption con-sumption requirements, in the opinion of David White, chief geologist of the United States geological survey. 1 A carload of fifty tons of rich ore has been sacked at and hauled from the Eureka Trince mine at Eureka, Nev. This ore has been taken from the neighborhood of the l.TO-foot level, where exploration work Is being done along and near the fissure that has been followed from the surface, 1; Another, well has been developed In the Fossil field near Kemnierer, Wyo., upon section 23, which T. L. Livesey has leased from the Arizona-Wyoming OU company of Salt Lake City. This well was brought in at a depth of 120 feet |
