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Show U Ul APEX BIS M piiNJWEm Utah Apex Mining company, , operating at Bingham, has ac- quired the Quinn group of - claims for a consideration of approximately $25,000, deed to : the group having been filed with the county recorder. The Utah Apex mine at Bingham is - one of the big lead mines of the ; United States. The Quinn group of claims adjoins " the Apex ground on the southwest and , ' . v : consists of approximately 24 ' - acres, including the Multon, Exchange and Exchange 2 frac-: frac-: -, tions. -'" The Quinn group has been f owned for years by the late Barney B. Quinn, sale of the property having been made by his heirs. Development of the property has been very limited, however, it has a production - record to date of approximately $50,000 which was from cop-' cop-' per ore, mined during war per iod. Most of the copper ore mined min-ed during that period was said to have carried about 6 per cent copper, $2 gold and a small amount of silver. The property is said to be crossed by the Parnell fissure, one of the prominent ore making mak-ing channels in the Carr Fork section of Bingham. The development devel-opment has been done by tunnels tun-nels so that very little depth has been attained. Occurence of the ore in the ground is similar to that obtained in the adjourning adjourn-ing properties, fissures replacing replac-ing into the limestones. It is expected that the Quinn group, like the adjourning deep mines , - will .be. a .producer of both lead " and copper ores. " " Utah Apex acquired the min eral rights only to the ground, the surface rights which also are held as of considerable value, val-ue, were retained by the Quinn people. Right of way over the ground for approximately seven sev-en acres is held by Bingham and Garfield railway and Utah Copper company. |