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Show GOLD VEIN OF FRISCO LULU REACHES IN WORKINGS OF TINTIC IN HORN SILVER The gold vein struck by the American Ameri-can Smelting & Refining company on the 450 foot level of Frisco Lulu extends-on into the workings of Tintic Lead in the Horn Silver mine at Frisco, Fris-co, Beaver county. It has been encountered en-countered by the Tintic Lead Mining company and runs Veil within highly profitable shipping values. Romantic -almost on a level with the sensational search for gold during early days news of the gold strike in Frisco Lulu spread broadcast. It was telegraphed over three news services of national importance and chronicled by nlany newspapers. Mine executives of the Tintic Lead company, who had been watching with keen interest developments in Frisco Lulu, including the droving of two headings for nearly six months, issued orders immediately after the Lulu strike to raise from Horn Silver's 500 foot level to Lulu's 450 foot level. Almost within a fraction of an inch of fifty feet up, the Tintic Lead miners min-ers struck virgin lime running .3 to .83 gold, 7 to 18 ounces silver, and 4 to 10 per cent lead. This means that gold values in the new Tintic Lead strike will run from $6 to $16 a ton, silver at 35 cents per ounce from $2.50 to $6.30 a ton and lead from "$4 to $10 a ton, or an aggregate value of from $12.50 to $32.50 a ton. . The Horn Silver "Glory Hole," which was just above these workings from which $54,000,000 worth of prec-us prec-us metals, prevailing in gold values, ere removed during the early days nd paying $7,000,000 in dividends, averaged $52 a ton. "The strike on the 450 foot level of Horn Silver mine is of very great importance, owing to the fact that it is a continuation of the vein which was struck in Frisco Lulu," said Lorn Morrison, president of the Tintic Lead Mining company. "It confirms our calculations cal-culations and findings that values of ithe glory hole extend downward and that the gold mineralization is general, gener-al, with reason to believe that they will increase as we proceed downward and outward." ( This adds another level for gold mining in the Tintic Lead workings. Nearly all year the company has been mining gold on the 100 foot, 200 foot and 300 foot levels of the Horn Silver mine. And coming from the 450 level of Frisco Lulu, which adjoins Horn Silver, for important gold ore showings, show-ings, engineers wh have been making a minute study of the Lulu strike and how it reflects into the Horn Silver mine, are convinced that developments develop-ments in gold discovery are proving out the claims of early geologists that the Horn Silver "Glory Hole" was but a lavish testimony of what might be found in the mineralization beneath. Reports are out from Frisco Lulu that the strike on the 450 foot level is holding up with indications that the mineralization extends up to the 200 foot level and soon will take form as an excellent body of shipping ore. Tintic Lead shipped nine cars of ore during the week, four carloads of which were gold ore and the balance ilver-lead. Reports of additional discoveries of pold ore in the Beaver and Piute districts dis-tricts were reported during the week, the importance of which will be known in a few days, but in general I pome of the old and experienced operators op-erators of the district claim that the Frisco and other districts are on the I verge of turning into some of the most important gold camps in the west. Officials of the Bullion Canyon Gold Mining and Milling company, whose workings are in Bullion canyon, near Marysvale, came to Salt Lake during the week and purchased a four-hammer compressor with orders to rush it down to the Bullion canyon prper-ties. prper-ties. These included Samuel W. Steeper Steep-er of Ogden and Robert H. Cahill of Salt Lake. |