Show Substantial Ore Value Increase for New Park Mining Last Year By Robert Robort W. W Bernick Tribune Business Editor New Park Mining Co has encountered en countered a substantial increase in ore oro values and hiked biked reserves reserve t by y 23 per cent during the tho last year U h t was waa reported Saturday The firm also Is in the midst oo ot of an exploration program program pro pro- gram westward from its main shaft in Utah's historic Park lark City 1 District Ore Increase This program was conceived by company president W. W Ii H. H H. H Cranmer Crammer Salt Lake City whose predictions of a hike in values at greater depth in the Park City District now appear to be coming true Gale Hansen general superintendent superintendent for tor New Park at Keetley operations reports that with a slight increase in metal prices daring the past year and a continued eon con n- n increase in efficiencies of ot operations on part of leases work has bas been very encouraging have increased Ore reserves I 23 per cent over 1968 reserves Mr Hansen said This means that for about every ton mined in in 1959 1 14 tons of new reserves have been developed This particular ore some of ot which runs around 50 50 a ton is found in replacement beds of the deseret limestone formation on tho the foot 1880 level During the last year the minere miners miners min min- ers ere have driven out about 1800 feet leet on this level In development and shipment of ot ore ton eon continues to increase in grade it was wast t reported Gold values sun nun from rom 24 hundredths of an ounce to a full ounce while lead and zinc values average 23 per cent by volume and sliver silver values are between between between be be- tween five to six size ounces a ton tonof tonof tonof of ore Gold cold and copper shoots or feeder feed feed- er fissures are more numerous in t l the mine and stop jug ing areas are areas s are larger and ground conditions are Improving Mr Hansen reports The work on the foot 1800 level levelis is both below belo ore and above ore and it U is felt that the replacement beds In in the thu Deseret formation extend downward to present 2005 foot exploration level in the property pro pro- party perty where the exploration tion program is being eing driven with the assistance of the Defense Minerals Exploration A lion tion Pearl Fissure I Mining Is also following the Pearl Fissure on the foot 1880 level where values continue to average over one ounce of oi gold golder per er ton It Is expected that the Pearl Fissure will wUl be cross cut on the foot 2005 exploration level by driving a cross cut some feet from the present main haulage tunnel at this level During mining and exploration in la the past year various ore shoots or feeders from the Great Mayflower Fissure System in the th New Park ground continue to be Intersected Such Intersections now extend over a foot 2500 strike A As these feeders are the source for ore values In the bedded segments segments segments seg seg- ments of ot the Deseret limestone It Is projected they will load lead to added ore reserves during period of ot development work Mr Hansen said that the big foot 2005 level exploration program program program pro pro- gram in preparation for nearly a aar year ar and one half is now well under way The main haulage tunnel has been beon driven 1100 feet of the projected projected pro pro- feet w west st of ot the main shaft with drilling hilling stations cut cutalong cutalong cutalong along the way for a start later this year of a substantial program program pro pro- gram in search for tor new ore This latter program will Involve Involve In In- volve 2600 feet ot of cross crosa cutting feet of at diamond core drilling drilling drill drill- ing and 2000 O feet teet of at long hole bolo pet pel cuss ion drilling Such exploration will start with completion of electrical installations installations on the 8 by foot 10 main haulage and water tunnel Pipe System No appreciable flows of ot water ha have ve been encountered on the thel foot 1880 l foot 80 level in the Pearl Fissure Fia- Fia eure sure or in pushing the foot 2005 level westward Mr Hansen Hanson said However a massive inch 16 transit transit tran tran- sit lIt pipe system has been installed on on the foot SOO-foot level to handle any lIny increase in water flow Two submersible pumps with hp bp each have been placed on the foot 2500 level In exploration work the fissures fie fis s stares les cross cut vary in size from two to 20 feet Mr Hansen reported re reo ported The importance of the 2005 foot level exploration program program 1 is three threefold c w 1 1 The I.-The The firm has a chance to Intersect extensions of ore from iii the foot 1880 t tt t l level vel- vel i 2 It It has the opportunity of ot developing new ore zones of both a fissure and more Important Import import- ant possibly large replacement beds farther west 3 It It will wUl be the first s such ch exploration program in the Park City District that will wUl have tested horizons in n and below be below below be- be low the Deseret limestone formations formations forma forma- although United Park City Mines Co elsewhere on the Park City anticline is in process of ot completing an incline winie which ultimately may tap like like sections Mr Hansen said the exploration exploration exploration I tion program would seek ore throughout a foot strati uati- uati graphic column involving the Deseret formation the Madison Jefferson and Maxfield sections all of ot which contain ore zones in inthe inthe inthe the Park City or related mining districts Within these formations are Bre major ore bearing horizons that have been proved chemically favorable for ore deposits In other districts he said sald Latest Equipment Mr Hansen said development of the foot 2005 level is being pushed with latest type mine equipment including Elmco Io loaders aders anI and train slusher-train developed develop develop- ed by Machinery Center Salt Lake City The D contract provides for expenditure ot of with New Park advancing 50 per cent The government share Is paid back out of production from new discoveries ot of ore New Park la is providing additional supplies and 1 equipment with total cost coot of ot the project set at an estimated dir Mr Hansen said the mine is in good bood condition and a new high voltage 2300 kilowatt under under- ground electrical system is being Installed to facilitate machinery operation to 10 guarantee pumping rules rates Meanwhile In lu line line lne with theor theor- theories theories ies developed by Mr Ir Cranmer and following the acquisition In la recent years year ot of added claims inthe inthe in la lathe the district Now New Park this summer summer sum sum- mer will wUl launch a and geophysical prospect test feet south and southwest t. t from Us its it Mayflower workings Such prospecting will wm be follow follow- e el 1 by drilling from the surface to verity verify geology This Thi program programs U Is s to explore known mineralized areas la lu the south and southwest of the Mayflower Mine at depth and under the large thrust faults tault ot of this thi portion of the district which may have provided trap traps for deposition of ore according to Mr Cranmer's belief |