Show L ANNIE MINES US BEEN r nothing Is said about concern starting work among last weeks financial news items in salt lake capeis is the following the annie laurie consolidated gold mines a concern filed articles of incorporation wednesday in the secretary of states office the company plans to operate a number of claims in the gold mountain mining district of piute diute and sevier counties the company is incorporated with shares of stock at a par value of 1 a share the ancor pora tors all of salt lake and the number of shares subscribed by each are as follows B F bauer frank B cook C ook george W snyder vivian P strange W mont ferry and B F bauer trustee officers have been selected as follows mr bauer president mr snyder vice president mr ferry secretary and mr cook treasurer the filing of the articles of incorporation is of special interest to our part of the country because the annie anie laurie mine is located in our neighborhood and was for a time a good producer while this was the c case ase it was quite a revenue to our city because a considerable number of people eople p found employment at the mine all of whom were customers of richfield business houses for about twenty years the mine has been lying idle and nothing would be more welcome new sto the people of sevier county than the announcement no that the annie laurie will be worked again the western mineral survey a mining paper published in salt lake city has the following to say mining interest in utah will spread to a new spot on the map when development is started at the diute piute and sevier county pro properties of the A annie rime i laulie consolidated gold mines company articles of incorporation of the company wele filed on wednesday with the secie tary of the state of utah properties of the annie laurie consolidated mines company according to an article by J F gibbs well known utah mining writer in the western mineral survey of december 13 lie in one of the most in tensely intensely mineralized areas in utah operations of the past have been confined to the igneous form formation atio 11 a flow masking the geological features of the district although production pio has been good and numerous rich showings opened up tip development has never i cached to depth in into to the underlying dundei lying sediment aries from which the bulk of production in utah has come from quartz veins in the continued on page 4 annie laurie mines has been incorporated continued flom page 1 the annie laurie has produced during the years 1901 to 1908 a tot total al of tons of ore with a aullion recovery of operating profit amounted to of which was raid paid in dividends in amassing this but one tenth of tile the total ground round was wao prospected operations in the property prop eity ceased it is said because the operators mears kimberly and huck who capable mining and milling men died and the properties passed t to heirs who were not capable of handling the properties successfully impressed with tile the potentiality of tl the tie ground B F eauer bauer salt lake capitalist some years ago began acquiring gold mountain properties so that when activity was again resumed large scale mining operations might be begun profitably and per petua actuated ted the annie laurie the sevier miller and the mammoth sur prise were secured comprising a group of 2400 acres that controlled ollea the apex of all the important sy systems sterns in this richly mineralized area during the interim some development has been done aiom year to year and the buildings tunnels and workings woi voi kings kept in excellent conoit condition ion by mr bauer A report made by H E clement formerly manager ef cf the porcupine paymaster mines abines ltd of f ontario canada canad states that since 1910 1110 the bauor bauer interests have developed considerable ore in areas not formerly for meily worked or ked mr clement estimates a tonnage of reasonable assured and probable ore amounting to tons and of possible ore procurable from present general development of tops tons additional approximately one tenth of the vein has been prospected recoveries should average 95 per c ent cent costs of mining and milling should range from 3 to 4 a ton officials of the company estimate that a profit of bioni 3 to 4 a ton can be made from mining the ores available plans of the company include starting the mill up on a ton basis daily and gradually inci increasing easing to to tons dail daily Y W G marshall who has reported on in the sevier estimates the positive value of ore exposed on two sides after making libe liberal al deductions duct ions for mining and milling would leave a total of profit of ores of the camp according to mr marshall range in the value from 1 to a ton with the main bodies averaging 5 to 10 a ton in gold both properties according to the rep oits should be speedily put on a productive basis with intelligent and aggressive management both the sevier and the annie laurie mills are said to be in excellent condition with only a fine grading equipment needed for economical treatment of the ores by the cyanide process distance from the nearest railroad point sevier station on m the denver rio grande line is 15 1 i miles |