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Show HUMB0LT MINE STRIKES BIG ORE AT 100 LEVEL One of the richest strikes ever made in Beaver county, was made in the Humbolt mine, a few days ago. Ray Outzen, manager of the mine, when approached by our representative representa-tive last Monday was very conservative conserva-tive in his estimate of the value of the strike. Mr. Outzen says that the shaft was down 26 5 feet when it was decided to drop back to the 100 foot level and do a. little work; and it was at this level that the strike was made at which point the ore is in a nine-foot nine-foot vein, and he thinks it will average aver-age $150 per ton. He says they have as fine a body of carbonates as is often seen, and the last assay sheet says: i "273 ozs. silver; $57 in gold and 72 per cent lead. At the present prices of minerals this would give a value of over $350 per ton. But as Mr. Outzen is a conservative man he puts the average for the nine-foot vein at $150 per ton, which surely looks conservative enough for anyone. any-one. At the present time the mine is working only seven men, but as soon as arrangements can be made, a large force will be put to work. It is also the intention of the owners own-ers to push development work on the Capitol mine which adjoins the Hum-bolt. Hum-bolt. The strike made would indicate that the Humbolt will soon become one of the richest mines in the state. The Humbolt is located in the Star district about six miles southwest of Milford and has been worked for quite a number of years. It is owned, principally by a number of Long Beach, California capitalists, among whom are J. B. Reynolds and Dr. Spicer. Ray Outzen, general manager of the mine is also a part owner and the only Utfh man in the company. |