| Show talama TUB T ha II 11 0 0 BEST AND LATEST M NIN G N ua M F AROUND IN PARK AND be 14 lini gilt pul eurcline chinse thor property one of tho the recent but unannounced movements which are quietly taking place in mining circles and thought to presage extremely lively times for the near future was the taking tailing over of 0 control of 0 the thor mining companas comp anys group of 0 valuable claims claim in park city by the investment fiovo says wednesdays herald re Public publican all the headquarters have been moved to provo this group grou is situated I 1 in the heart of one ot of the best sections of the great old silver camp and is already to a depth of feet by the toot foot snake creek drainage and an transportation tunnel now nearing completion the thor consists 0 of acres of patented ground it nas opened years rears ago by two tunnels one and the other feet long A 60 foot drift is said to have exposed some good values in silver and lead the snake creek tunnel is now in about feet and has been in thor ground tor for approximately to feet it will probably be driven in all to it feet in the thor this ground Is made up mainly ot of limestone quartzite and some for some time bunches of ore have been been showing along the big tunnel and ore bodies ot of importance may lc struck at any time although one big vein and several smaller ones have been found tras the thor ground along the surface probably no new development work will be started until the tunnel work lias has been completed it is anticipated that this may give a line on ore do deposits posits which will govern tu in rt vs ture lure operations the work will no doubt be done ultimately from the great tunnel with its depth of well over a half a mile from the surface it is thought the big vein should be encountered in the next 1000 to 1500 ceet daly doing Busin business occasional shipments are arc being nade made of excellent ore from the daly mining company property at park city the fourth carload is being shipped down this week from the rich but rather narrow vein opened some time ago in a raise above the level this makes about tons from the shoot this last car samples sixty six ounces silver which is not running quite as high at ak some of the cars however this vein which makes in the li limestone meston e near the old daly vein is improving and now DOW gives greater promise of permanency than at any other time since its discovery herald republican decision expected A decision from the circuit court of 0 appeals in the case of vs silver king coalition is expected within the next two weeks by those interested in the matter independent d of the decision it Is stated on oil good authority that col nick has succeeded in interesting capital and work will be resumed on the wabash property early in the present year should this prove the case it will be good news tor for park city and all will rejoice it riches are uncovered with development of this property tor for there is rot cot a mining man in the entire west more deserving of success than col ile he lias has spent many thou shilds of dollars in park city in tyrria working and developing properties end the wabash will no doubt make a mine rich enough to cover all previous expenditures if sufficient backing can be secured tor for necessary development then the colonel has valuable holdings in big cottonwood district in the vicinity ot of the cardiff now being worked on oil a small a scale cale will be worked on a large scale in ili the near future as recent reports from the property are 0 ot t an encouraging nature so the colonel is likely to be up among the big ones financially speaking w where here lie he rightfully belongs before I 1 a great while should the expected decision be in his favor it would likely start big things in the camp in other properties not directly interested in the suit the decree i is awaited with interest at M the oie daly west general manager H G Me mcmillan Millan I 1 of the daly west property was in the park yesterday and visited tile the tig mg property he so capably manages I 1 the gentleman reports conditions at both mine and mill in excellent I 1 shape the mine is working a good force and much development work is being done and milling ore particularly I 1 ticul arly being extracted there is aluch first elass class being opened up but only a limited amount being marketed because of the price of metals the mill is in full operation and is working as smoothly smooth lyl and regularly as clock work and I 1 is turning out a splendid grade of concentrates cen the daly west is now one of the model plants of tile the state and is sure to make an excellent record tor for 1815 1915 the ibe great king ing coalition things are moving along asplen t r tyr 4 6 0 at the big silver king coalition these days there are no new strikes it is just one continual strike and it is high grade ore here there and everywhere notwithstanding the low price ol of metals tile the usual tonnage Is being mined and milled and the surplus in the treasury is being added to steadily it kiil be noticed that the price 0 of silver king stock is on the upgrade up grade on tile the salt lake stock exchange and the record predicts it Is sure to pass tile the mark with several additional points added before the good old summer time you can put it down that a dividend is about to be declared and it looks as if march will not pass without checks being distributed among the stockholders this is only a guess of the record mining man and even it if wrong no mistake can call tie be made in ili buying the stock it if you have idle money and looking tor for sate safe investment cresents crosscuts Cross Cro cuts W H maddough the genial clerk at the king consolidated was a visitor in salt lake this week returning home wednesday morning fred T williams returned to salt alt lake wednesday morning satis tied fied with conditions in the lease leas I 1 which he ls is operating at the daly west 11 thomas frasier the well known mine and mill man who has been ui in the park for some months past left tuesday afternoon for ely nevada where lie he has employment with one of the big companies of that place ills his family isnow located there mining on page eight I 1 I 1 FA TOES INES AND MINING I 1 r t I 1 c 4 continued from page one I 1 F E E st steiny afy the constructive en who has done such excellent vork at the daly dal west mill the past six months went to salt lake wednesday of this week superintendent B E L talbot of the daly west went to salt lake yesterday afternoon to remain over sunday the gentleman had nothing 0 of importance to give out aorl publication wm win and alfred doidge were up at the king consolidated sunday last inspecting the workings and viewing with wonder the great ore bodies recently uncovered the gentlemen are enthusiastic in their description ui of the vast ore reserves and like all others who have been shown tl rough the property pronounce it a t wonderful bonanza with a wonderful i future and regular dividends 1 for its fortunate stockholders A great little mine is the king con co ii 1 soli dated I 1 word received yesterday from foreman dave scott of the I 1 lowa 0 copper copper apex was to tho effect that a blizzard blizzaro d was raging in that section and snow piling up at a rapid rate lie ile also reported that the face of the tunnel was in time lime life livelily lily mineralized and every indication di that tile the fissuk is not tar far aa away ay mr scott is confident that good goo d news will be forthcoming from this property during the mouth month ol of Feb february ruari shipments silver king coalition daly judge king consolidated daly west total 3 8 42 SO |
