Show park fark city cons makes rich strike A STRIKE AT THE I 1 PARK CUT consolidated the greatest mining sensation experienced in park city for several years past was the rich strike made in the shaft of the park city consolidated at t the head of deer valley last friday ril night g la A three toot foot fissure was cut at it a depth of feet the first essays from which running around 60 ounces silver 2 50 in gold and 11 14 per cent led As the fissure was developed picked samples has assayed as high as 1600 ounces silver the ore is widening out as depth Is attained and beyond doubt it is 13 one ot of the most important and richest ore discoveries ever made in the park the stock jumped from to yesterday and there Is no telling how high it will go as the ore body gets bigger and richer the fact that the park city consolidated Is right at the back door of park city less than a mile from the business center and already in throwing distance 0 of f railroad facilities with every other advantage for ideal mining makes it the biggest boom that park city has had for the past forty years and great will be the benefits resulting an inspection of the strike was made sunday by president of the company governor george H dern manager J J I 1 beeson engineer M N M N blye biye george H watson and harold bowman of the deseret news mr bowman in his story of the visit says the discovery was made at a depth of feet below the floor of the roosevelt tunnel level in the companas comp anys main working shaft and comes after a little over five months of aggressive exploration we work r k under the direction of 3 J beeson i loc local a 1 geologist who Is the president and general manager sunday afternoon a 4 it foot vein was exposed crossing the bottom of the shaft at feet and was I 1 considerably wider than when first cut 1 10 feet above this point the fissure when first struck showed a few inches of exceptionally rich ore which has gradually widened to 16 inches at the bottom of the shaft the filling of the fissure vein declares mr beeson looks like the old ontario veins which paid some in dividends this Is also suggested by the presence of high grade assays essays when the fissure was first struck a four toot foot cut across the face went ounces silver to the ton 17 per cent lead 80 cents in gold and 34 per cent copper A one toot foot cut across the higher grade or ore e we went ailt 2 40 in gold 1191 ounces silver to the ton 13 6 per cent lead and I 1 per dicent cent copper another sample eight inches iacross across the fissure went gold ounces silver to the ton 89 per cent lead and nd per cent copper from the amount of development work done up to the present time it Is indicative that the property has two possibilities one that it will be similar to the vein or fissure system of the old ontario or more like the silver king coalition and bed into the favorable lime stones at 9 a depth ol of feet a well mineralized erali zed fissure was cut but at this depth the shaft was still in the unfavorable lime beds the two fissures assures are dipping in opposite direction the striking of this ore on the level marks one of the quickest developed producers in the history ot of utah titan mining actual operations were started last october and since that time the company has done teet feet ot of development on trie roosevelt tunnel level which explored part of the fissure system and put the shaft down to the foot level the park city consolidated controls over acres located about one mile east of park city and paralleling the park utah consolidated property on the north for about feet mr beeson was attracted to this particular part of park city district due to certain geological conditions that made exploration tor for silver lead ore deposits attractive to him until last year all efforts to consolidate the ithe various properties included in the park city consolidated group were us successful stul during 1928 this group was finally consolidated and the company was organized through the efforts of mr beeson and james H devine of ogden mr beeson has spent years working out the geology of this section hence the company has been following a well defined program of exploration since last october this development was made possible through the financial assistance of the engineers exploration syndicate of new york of which john hays hammond Is head the syndicate was induced into financing the work by mr beeson and after examination by W R wade one of the companas comp anys engineers |