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Show BINGHAM MINE MAY MOVE CAMP Bingham Metals Has Opportunity for Entry at Much Lower Depth A special' meeting of Bingham Metals company stockholders has been called for April 17th by President and Manager W. II. Mitchell to consider the question, of transferring the company's base of operations from the Nash tunnel lo the Armstrong tunnel of the Utah Copper company, for a cash consideration of $10,000. The change will confer numerous numer-ous valuable benefits on the Bingham Bing-ham Metals company, according to President anil .Manager W. II. Mitchell. Six hundred and sixty feet of hoisting will be eliminated. eliminat-ed. The Bingham Metals will have but one shaft to maintain, its main vertical 'shaft, instead of maintaining one vertical and one incline shaft, as at present. Ores of the company will be dumped directly into a railroad ear and the present wagon haul of one mile done away with. The Ci'.mp will be moved from i.is present situation near the Nash tunnel down to the townsite at Highland Boy, which will mean less trouble with snow in the winter win-ter time. The necessity of assessing assess-ing stockholder! to deepen the shaft to the 1,100-foot level will no longer exist. Ten thousand dollars has been placed in escrow by the Utah Copper in a Salt Lake City hank pending the ratification of a contract. con-tract. Bingham Metals company holdings lie adjoining to the Utah Copper and the sum of $1,000 is to be paid for dumping rights granted grant-ed to the Utah Copper by the-Bingham. the-Bingham. Metals. The Utah Copper Cop-per agrees to advance the Armstrong Arm-strong tunnel into Bingham Metals ground for a connection with the Bingham Metals shaft on the 6G0-foot 6G0-foot level. In the light of these advantages it is believed the deal will be rati-! fied and moving of the camp started start-ed soon after. The Utah Copper company binds hself to start work within thirty days after ratification ratifica-tion of the deal. The Armstrong tunnel will have to be advanced 1,150 feet to connect with Bingham Bing-ham Metals company shaft. Per- petual entry will be granted under the terms of the contract. In the meantime, the Bingham Metals is going ahead steadily shipping ore and sinking its tunnel. tun-nel. Last month, three carloads of ore were shipped. The shaft has been sunk to the 1,020-foot level and will be continued to the 1,1000. Drifting will then be begun be-gun to open the ore bodies productive produc-tive from the 900-foot level and up on the 1,000 and 1,100-foot levels. Gibson Berry, "former . Nevada operator, is superintendent at the Bingham Metals. Mr. Berry was secured from the International Smelting company staff( when Robert Goodwin, superintendent of the Bingham Metals, resigned to become superintendent at the Ohio Copper. V hile working tor the International, Mr. Berry was in charge of operations at the East Park City holdings of the company. |
