| Show Keystone and United Park Parle Mines Plan Joint Development Project By Uy Robert W. W V. V Bernick Tribune Editor Keystone Mining Co and United Uni Ual- ted Park lark City Mines Co Tuesday Announced agreement which could h 11 lead ad to development of ot a 1 sub substantial pub pub- st nUal lead sine ore body in Utah's historic Park City Min MIn- Mining MInIng ing District Q 8 S. S K K 1 Droubay vico president and general manager of United Park City said that as a result of the agreement Keystone Mining Co is filing application for aid from flOm the tho Office of Minerals Ex Ex- Ex Washington DC D.C. in developing oro ore In the tho area covered cover cover- ed od by the agreements Joint Enterprise The Keystone company has made arrangements for tor use of the hoisting drainage and underground under under- ground haulage facilities bE belonging belong ong ing to United Park lark City and will undertake a joint enterprise with United Park Patk City in developing and aud mining an area that has hils a po potential lal 0 of yielding A substantial tonnage of lead silver lead ore I Mr Jr Droubay concluded It was reported in ill the industry that the new area of exploration exploration ex Uon represents an extension o of of 4 ore e bodies In the K Keystone There Thes ore bodies In claims calms of firm had been mined out y years years r ago Some of the extensions or of Key Keystone Keystone stone ore Is in this ground r d around which disputes dispute in plat past years lears centered red on issues of ownership of ot ore in the lower horizons of the great Crescent Fissure The agreement between Keystone Keystone Key Key- stone and United Park City now wipes out once nce and and tor for all these pot potential controversies as to apex rights on th the disputed g ground o nd I Mining in the ground covered b by the agreement would be carried car I ried out off ocr the and Silver Hill nm shafts with willi ore ore haulage haulage haul haul- lage l- l I age through the old Alliance tunnel The exploration program would t v t involve driving of ot drifts and croon cros opts c into tho area aroa to be mined off oft the foot level ot of the tilt Silver SilverHill oi Hill section of ot the old Silver Sliver lung KIng Coalition Jon Mines Co ground S Several era years ago Silver King i was was merged merged with Park lark Utah Con Con- e t Mines Co to form United United Uni Uni- ted telI Park ark City Mines Co Co t tH It H It also was reported that t under under under un un- der the United Keystone Park Park City agree agreement en pet net profits from any any- ore hoisted would b be split 50 while white a 1 certain basic roy roy- aUy would b be j paid United Park City by bYr Keystone In re return urn t for r rUte ute of hoisting facilities tunnels and other working on United P Park ground The Silver Sliver Hill area arel of ot the Park City district produced more than one million mullion tons of high grade grado ore oro in Ia Its day The Keystone which was waB largely largey mined out tat tai depth in the Crescent Fissure some 35 years ago produced aa an estimated tow tons of ore ore |
