| Show L- L r L Mines and Mining Stocks STRIKE AFFECTS PRINCESS COPPER Salt Lake Stockholders Pleased I 4 With Showing in an Adjoining Adjoining Ad- Ad joining Propel Property ty News 8 comes In from Nevada Nc that an Important sti strike lkc c was ma mado o last ast Saturday Saturday Sat Sat- on the thc Ely Calumet group croup which adjoins on the tim ea east t the thc domain or ot the Princess s copper company compan a n Salt Lake L. I corporation l lat l summer r to take over the old Resurrection property property property prop prop- erty a mile and a half hal northwest from the town of Kly gly Toda Today Mr h Snow of the firm of Snow Wade Vade will go bO out outto outto outto to compile data for or patenting the tho hal- hal ance anco of ot the tho ground acres having been already patented The Princess Is 8 also next to the Centennial the McDonald I Ely IY and amI other well known properties situated in the great EI Ely porphyry bolt belt which has hasma ma made c the thc Nevada ova a Consolidated now handling tons of or or a day and producing as much as pounds of copper in twelve twel months The rhe Priness ores avera o give five per cent copper copper cop cOP- per Jer sliver sll thirty three ounces an and 2 2 In Jn sold gold old to the ton The outcropping mineralized belt bell running through h the tim property is from lom OO lo to feet wide Ore has been shipped an and there thero is considerable con con- still on n tho ho dumps The Thc Princess s has a strong directorate director director- ate the tho officers being behig Claud W W. Freed president George Georgo S S. S Auerbach vice vico president II P P. Clark treasurer Frank J. J Gustin secretary and Charles A. A Quigley Quller the other director all of Salt I Lake The Ibl Adjacent strike Particulars of ot the recent strike arc are given as follows by tho Ely gly Expositor Whether the coming coining of Tc Tex Tox Rickard Rick Rick- ard one of or the largest owners In the i.- i. t r t had to v. v nn 1 w aH i 4 v do with it or not the tho fact rom remains thata that thata a strike was made on the property Saturday that promises to prove cr very important The Thc shaft on the Sunday Sunda claim passed through h the gray gra limo lime Saturday and brol broke through the hanging hang bang lug ing wall of the led ledge e that is opened near the surface north of the shaft to the hanging wall all there ap appears appears ap- ap pears veal'S to be a fine streak of or lead sliver ore and next to that hat Is a bl big bO body y of oC iron said ald to bo thirty five feet wide and which shows copper values olues It is believed that good copper ore oro will be found on the tho unless the copper copper copper cop cop- per has been leached out In that event it will vili be found deeper down at atwater atwater atwater water level where a zone o of secondary enrichment wilt will probably be discovered ered The iron formation is similar to that in the Centennial which is about half halt a a. mile to tho the west vest and is characterized characterized charac charac- by bv the same series gerles of caves Fred superintendent at ai tho the property crawled into one of oC the caves for Cor a distance of or about tort forty feet where it narrowed up Mr Rickard went ent up to the shaft this afternoon to Inspect the find from which he hopes much Expert geologists who ho havo made an examination of or the tho big lull hill north of town are agreed that thal the Indications in indications indications In- In arc are the best possible for the making of a big mine and the Calumet people believe they have the cream of the area The shaft will be continued down for some depth as it was the tho ulan of Al Myers who Is also interested in the company to get set down feet teet and drift dritt north under the hill hili By this plan pian many of the claims owned b by the company would be cut between 1500 and 2000 feet teet deep The opening of a big mine in tho the Calumet group would prove pro a great thing thing- for Ely as the Sunday shaft ghatt is only fifteen minutes' minutes walk from rom the Northern hotel and an any men who would be employed would make their homes here HORN SilVERS SilVER'S OLD BOARD GIVES UP The Fight for Control Started Recently in New York Has Proved a Failure With tho the exception of ot two O members there thero was a clean sweep made in the board of ot directors of the Horn lorn Silver Sliver Mining company at the tho annual meeting meeting meeting meet meet- ing of the stockholders held in this city Tuesday night Morris and of ot the old board were the only holdovers The board elected Isas is isaa isas as aa follows follows' Jacob Needle of ot New ew York I M. M C. C Morris Edward B. B Critchlow II H. S. S Young of or Salt Sail Lake Alexander Aexander B. B Simonds Charles Edward Edward Edward Ed Ed- ward E. E Olcott and William R. R Britton Britton Britton Brit- Brit ton of ot New York Tho The meeting convene convened in the afternoon afternoon after after- noon in the tho company offices in the Templeton block but on account of contests and protests the tho work orl was continued well into the evening an adjournment adjournment adjournment ad ad- having been taken to tho the McCornick block An exciting contest was vms anticipated between the outgoing members and the new crowd but evidently the old board found that it was beaten before the hour bour of convening so 80 but one ticket was placed in the tho field There are shares In the company compan a heavy proportion of ot which was vas Represented In person or by proxy The Tho now new board boardwin will win meet in New York in a few days and choose officers for the ensuing year The Thc old Horn Sliver Silver mine of oC Beaver Benver county is now shipping 1000 tons of oC ore a month Considerable of ot this is being handled by leasers Up to four years ago ao the mine had paid in Jn dividends divi I 1 No financial statement was vas given Iven out In 1910 the tho company reported a total receipts of 1 leaving a a balance for tor the year after deducting all expenses of ot It is said that the monthly cost of ot maintenance is about Members of oC tho time old board who precipitated pre ire the fight Ight for or control and who finally withdrew In the face tace of stronger strong strong- er numbers were Vete Juan M. M Ceballos William H. H Woolverton Frederick A A. Bishop and T T. Elliot Their circulars sent out for proxies evIdently e fell tell on deaf deat cars ears MATTSON COPPER PROPERTY ACTIVE New Road Completed and Tunnel Tunnel Tun Tuti- nd nel Being Driven to Secure More Depth Work ork Is still beinG p l pushed hed on the high grade copper property located a about out ten temi miles northeast of oC huntsville Hunts Hunts- i ville near the tIme Weber Cache courty line two or three miles of ut new road rond to O Ogden Osden valley alley having Just been completed corn com according to IS n. J S. S Crooks Brooks one ono o of Osden's Ollen's well wen I known stockmen who sho was in tho tue ell city yesterday He lIe is Interested Interested Inter Inter- ested In th the tho mining company controlled ll llIn l li In- l and associates of Op- Op den j n r I Time Tho o Jle new road will facilitate haulIng hauling haul haul- ing In of oC supplies and ond time the forwarding for of time the ores to market ct At Huntsville the ore ole could be lie loaded In cars and hauled In ill via vl the street streel car track otherwise oth oth- it would require a n wagon haal haul of oC twenty five miles mile It Is reported that a bud body o of twenty seven feet of ot copper ore running from Crom sl six per cent to as HS high as forty per cent has been opened up on this Mattson group A force of oC half hate a n dozen Olen men is now employed employed em em- and ard th the j expectation Is to work all winter A largo large copper vein eln cuts through h tho tim ground This Tills ts Is being opened at depth I bv b ba a tunnel which is in a about ICO feet i ml will bo be carried In several e hundred feet feel further to secure additional depth on the time rich deposit The cop copper lies In Inho inthe th ho the porphyry measures and the vein veins veinis Is s pal paid aid to be from rom twelve t to thirty feet teet wIde vide Considerable Iron and calcite are found On Ou the time surface the time cin ein is strong and runs from Crom two to toive CI five ive e per c cent n t copper Time The O Ogden promoters are displaying great ener- ener energy in opening up this property prop- prop crt erty and are arc sanguine the they have ha one of the future big big- hl high grade h-gra h e copper copler mines nines of the tho s state atc IMPERIAL LEASERS CUT BliND VEIN New Foot Tunnel Breaks Into 18 Inches 28 Per Cent Copper Ore When down looking over the time Imperial Im- Im pedal crial a few days das ago Walter alter James a a. prominent mining man and stockman of oC f southern Utah and director in the Black Rock flock L Leasing company which I. I is operating perating time the Imperial discovered that tha t the he fine fIno like dirt carbonates which were being thrown over the dump from he the new tunnel contained twenty twenty-ope per cr cent of f copper and now all this tuff stuff is being sacked and will go po forward for for- ward vard with the fourth carload shipment of f or ore which will vill be sent to the Salt Lake markets this week my the leasing company The new tunnel the leasers easers are In ng to catch at depth an outcropping vein ein is In feet At this point it struck a blind vein Time The pay streak in this Mr James found Cound is eighteen Inches wide and assays ty y per cent copper This is eighty fe fet t v vertically from the surface The vein has n a lime and granite ringing hanging wall vali The ore ure now coming out will make up the time ne new v carload B By B dr driving m this tunnel feet further urther it should catch the other vein at the time objective point affording ln a vertical vcr vcr- ical depth of fUll fully feet The drift vill cont continue u u on the te vein ell t toward r this timis II u poInt The Time outcrop up the time hill lull shows eight ight to ten per cent copper in irm a seven seven- foot oot CJ t tein vein ein Whore here the tunnel will tap the he vein Jt H t is expected to get a n large larse ore re body The sh shaft Ct from which the leasers shipped the time first three caroa carloads s of ot ore ores Is s feet feel to the east enst from the time portal ot of f the time new tunnel and is on an entirely entire entire- 1 ly y different vein eln In sinking the shaft only seventy feet three cars of ore which averaged per cent copper were verc extracted The Imperial is two and a a. half miles from rom the railroad at making he tue transportation charges to market unusually cheap TINTIC MINES ARE LOOKING GOOD Dragon Con Can Gives Promise of Developing Into One of the Camps Camp's Big Shippers After having visited the he Colorado I Beck Tunnel Iron Blo Blossom and Dra Dragon on E. E C. C Davies o of the William WilHam II H. Child Co brokerage firm returned yesterday yesterday yester yester- da day from TIntic Tintie bringing ln encouraging I front from all the time properties On the thc foot level of Colorado time the drift drifts Is s approaching the territory whore the vein eln gave ave up much shipping ore fifty tIfty feet teet above Indications are aro very favorable favorable favor favor- able for finding the ore will Ill make male to this ad additional depth Beck Tunnel Is looking lookin particularly good said Mr lr Davies les There is lea lead leadore leadore ore in the time face tace of the main drift and there is lots of oC ore in sl sight ht I behove believe believe be be- hove lieve there is plenty pent to wipe out all in indebtedness s and then some Iron Blossom is In excellent shape which is emphasized ed b by the regularity with which it is keeping up Its heavy hean shipments of or thirty five to thirty nine carloads a week or 1500 to 1800 tons tonsa a week TI The Dragon ra n Is I being entered entered from rom iron ron Hlo som's s root tOOt e level 1 and ana from froma a sixty foot upraise The rhe ore Is said to run 10 In gold Jold till fifty ounces silver BUyer and some lead Time The Indications are that Dra Dragon on will get et to feet of oC the o of the ore channel an and should develop into a bl big mine in the near future Dragon will vill be worked through Iron Blossom and should be in the shipping lists rl right ht awa away NE W Chill By Da Badger Bros Private Wire Ire New ew YOI k Dec C. C G. The market marl was weak today with Inspiration show Ing the lar largest 10 loss fJ at the time close Highest High High- est esl sl was 9 it Jt then sold down to lo J iJ 1 closing 9 q General market was was dull at al the tho close Fay UtE JIE AT Al nS Four carloads of oC ore are from Utah mines i and tram from Colorado were reported atthe Utah Ore Sam Sampling company compan yes yes- CS lerda I If f IMST SI Bet 21 1 l U Via Oregon Short Union Line Pacific Denver and return 2 2250 50 50 Omaha or Kansas City and re return ye- ye turn 00 Chicago o all and return v OO St. St Louis and return t isoo 00 J Limit sixty bt days Proportionately IY low rat rates 8 to other othel CITY TICKET OFFICE HOTEL UTAH I OMAHA XU HO IO Yin In ht 1 D. D It K G. G H. H It n. Dec Dc 11 ii 11 i 1 12 13 IS Tickets good returning until Decem Decem- her ber 31 1 Stopovers el Diverse routes Sec Sea any D. D c H. H G. G agent for tor rates to tu other uther points i FEATURElESS DAY DAYON DAYON ON LOCAL BOARD DOAR Yankee in Demand Ohio Copper Declines to Colorado on no the wa Willi Il heat IN vim Ilic hilt It IL feature Ing either call was for Cor C. Ohio Copper 10 wt rs In 10 I greeter lit St SIC soul trul St III ie c. c New ew York held beld up um to The Tue 1151 1101 tlell for or tb dy were cp io tiO shores shares It at s. s rime fhe tIdal lug estet- estet were S I I I u. u II i A I II I I II III mil BId I II 11 17 I 1 1 II c 1 1 0 mack flack It 11 13 11 10 13 Bird I. I w I. I Corl a ln 1 m 1 C. C 11 1 53 Q 03 Cent IAm 11 I HI loio Colo 31 11 32 SL a t. t 2 CUll 10 i n 15 2 o. o Gr Cr 01 01 1 01 0 Gl 12 1 1 10 1 24 P. P JI Il Judge e S. S O G. G I G. G 50 O s us I 2 i I 1 l Pr JI ol I C. C Point N CI Ii r Con Cou CO 2 Q O 02 m I r 1 01 C i Oi 01 1 U U. U 67 j 70 0 66 61 O O U. U C C. C Crown Crown lL oi OI io 10 G. G laisy It 13 1 O. O l' l Central 3 s 55 S S SI I. I Queen O I. I O 2 I o I. I om 10 1 10 Iron Klu King 00 6 J Joe BOl N cr r. r Il 07 IZ 3 oj 07 1 1 12 I OJ 0 ro 01 t 11 Kin OJ hp r r III tiP i 4 Tittle tUe Bell 40 40 40 low IRlO OZ 63 j O 02 03 Co Masonic Mason Inson 10 1025 9 10 May In Dar n 1 12 11 12 Ihl 01 01 On 01 01 Mb 02 cr Mammoth h io 0 1 to Ncr ct hills i S 'S 1 11 st 10 1 10 II New cw York lork C d 0 i 06 Ohio Ohl Copper 2 I. I 11 Or 0 16 1 li 17 IS 15 16 t PI ho Drill Demo 10 11 J hotels OP 01 11 j 02 05 os M s cG os I Prince Con 81 SZ SO 10 St S1 61 iO 0 61 iO 0 01 Warrior 11 10 It H. k 07 1 10 02 O 02 02 Cr 02 ev e Troughs 01 04 0 01 I Ot S. S K Coamo Iti 16 Ii r Sioux OlD Gun 1 1 1 12 1 13 So 80 I. I Oo H OO 00 t- t Coo Con 1 06 I CRi 1 I 6 1 I 06 S. S K COli 10 I l Central 01 0 02 02 United TIn OO 03 3 W 1 Uncle Sara Sam 24 4 23 5 li Utah tuh OZ O 02 lr 12 O 4 Union Chi 20 XI 25 0 O 25 Victor Con COli 05 05 I Victoris Cou S 03 9 9 60 IV 0 o oY Y Yankee COli 11 20 0 1 2 I 20 0 Yer Cupper Copper OI 03 0 02 03 t hOnE OO SOLES S. S fleck Deek at 1003 mon o at I t i IUd Or-IUd Central 20 W ut at Sic llOD 20 nl at Orb Orlo Copper JO It at 10 1000 1 at 16 e. e J 1060 I II t ll I Prince COI Con 20 O ut at 5 c. c f Coo 10 at t 6 1 s. II cl II J at J ut Ic LII nN U f I 50 OO at mt c. c i I OL rN BOllt I n Bek k Tunnel 2600 IJO at It lie Ue 1 I Cedar ral COu tOI at r Colorado 1700 at c. c Indian Queen 1 OO at 2 c Nw York at GI C teller CO GO days Ohio Cupper at Rt 1 10 Swansea Con CUD WO at atc c Sioux Con SOO at J t lc Tintie Central 1000 10 at Rt t 1 c. c Yankee Con GOO nt at Oc buyer G |
