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Show Horn Silver Ore Brings $130 Car News of a rich strike in the Horn-Silver mine west of Miilford, was given wide circulation throughout' through-out' the state over the week-end. The strike was made at a depth of 40 feet in a new prospecting tunnel tun-nel west of the old workings. The vein is said to be eight feet wide, most of it containing gold, silver and lead in commercial quantities. Ore from a face 12 to 14 inches wide is reported to have assayed an ounce of gold, 32 ounces of silver and 36 per cent lead. The company has just received settlement for its seventh carload this season. It was said to have run $1.70 in gold, 57 ounces of silver and 14.6 per cent lead. The company has 10 men working work-ing in the mine and plan to double the force at once. L. F. Block, wellknown Salt Lake mining man, was a Milford arrival Thursday, bringing with him three additional men to start work at the Frisco Lead and Silver property north and adjoining the King David shaft of the Tintic Lead company. This will increase to six the force employed at the Frisco Lead, and immediate operations will include in-clude a good road to the property and the completion of lumbering operations, also the installation of a hoist and connection with the compressor, preparatory to continuing con-tinuing of sinking on the fissure. Some very good ore was shipped from this property about three years ago and shipping will be resumed re-sumed in the near future, it is expected. ex-pected. With the world prices of silver almost to overtake the United States government price for newly-mined silver Wednesday, Washington authorities gave the government price a boost to 77.57 cents, and it is confidently expected that dollar silver will be an actuality within a few weeks, with $1.29 per ounce the ultimate objective. Contrary to the ideas of manyj people that lead prices would sag as silver prices became higher, due to the additional surplus of lead J that might thus be encouraged, the demand for lead has beenj active and it is now up 10 points to 3.75 cents from the 3.65 cents of a couple of weeks ago, while I the zinc situation also remains good. All in all, things look very encouraging en-couraging for the mining areas of the west and Beaver county especially and a great deal of activity, which may become some-I some-I thing of a boom, may confidently be expected this summer. Every-! Every-! thing is right for some such thing J ami it is not beyond the realm of j possibility for 30 or 40 western j Beaver county mining properties i to be employing six or more men apiece within the next 60 or 90 days. |