The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-15
BUSINESS, MINING AND STOCKS

diamond drill, has been watched with a
great deal of interest by mining men.
and now that the drill is getting close
to the thousand foot level it is expected
almost daily that something win hap
pen in the way Of a big discovery of
mineral-that is, this is the opinion of
men who maintain that the ore zone
of the district extends under this
ground, and who have made estimates
based on the dip Of the vein as dis
closed by the underground workings
of the Golden Gate mine.
There are some men in this city who
contend that the East Golden Gate will
have to go 1000 feet before reaching
the ore body, if they strike ore at all.
and all contend that if mineral is found
there that it will mean much for the
district; in fact, that it viii demon
strate the fact that Mercur is the
greatest gold camp in the world.
The management of the East Golden
Gate have kept the result of the work
now being done entirely to themselves; ;
still, they have been so wreathed with
smiles of late that one might well pre-
sumo that they had good news to
divulge if they only would; and this,
with other straws,' would indicate
that the heavy drill is not working its
way through barren SIOuIlQ.
AS a matter OF fact, it has been
rumored of late that ore has been
found in East Golden Gate. Someone
near the management has doubtless
been informed Of this, and the recipient
of this confidence has secured the aid
of friend in order to help him keep
the secret, and in its transfer a leak
probably occurred, as now a dozen or
more trustworthy men are telling their
associates strictly on the q. [. that this
ground will soon develop into a bo-
nanza.
1t is also learned that despite the
strict watch maintained at the mine,
certain individuals have succeeded in
getting some of the borings. which,
when assayed, gave values of S91 in
gold to the ton; while still others. while
hanging around the workings, have
seen arsenIcal ore raised out of the
hole
The Herald's Mercur correspondent
confirms the rumor of the finding of ore
in the East Golden Gate, and intimates
that it was found somewhere near the
S00-foot level and that the drill has been
pounding away ever since in the pre-
cious metal; also that there is an in
quiry for good claims in the immedi-
ate vicinity.
If all of these reports are true, Pro-
fessOr Emmons and other theoretical
experts will need to revisit Mercur and
revise their opinions concerning the
camp. Practical mining men who are
acquainted with the formation, have
never doubted a moment but that ore
existed in the East Golden Gate
ground, the only difference of opinion
being as to the depth at which it was
to be found. Some held that, accord
ing to the dip of the vein as disclosed
in the Golden Gate mine, the mineral
would be uncovered in the East Golden
Gate at about 1900 feet; while others
were of the opinion that the vein would,
in a measure, follow the contour of
the country, in which event the min
eral bearing zone would be encountered.
at a depth of from 500 to 900 feet, and
it would appear that the latter indi-
viduals were right, taking it for grant
ed that ore has already been found.
The Wonder, 5000 or 1000 feet below
the East Golden Gate, is believed to
be in the Gaping of the ore body, and
if this is so, it would seem as if the
East Golden Gate, at 900 feet, must be
in ore.
AT all events, the outlook is favora-
BILE, not to say encouraging.