The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-10
BUSINESS, MINING AND STOCKS

the mammoth bodies of ore uncovered
and exposed, and as the work pro-
crosses, and depth is obtained, the min
eral is changing TO free milling
quartz, and the belief is expressed that
/ IN time this property will develop into
I magnificent producer of very rich
free gold ore. The MeTcur mill, at
/ Manning, is working to IFS full capac-
ity, which is insignificant when COM
! pared 70 the capacity OF The mine. It
is understood, however that much
larger mill viii be built at the mine
this fall, and when this is done there
4 is no doubt but that the regular
4 monthly dividend of S25 600 Will be
4 doubled, which can be easily done.
and then not crowd the mine in the
least in its output.
The Marion is another mine that de-
mands more than special mention in
this article. This property has been a
1 steady producer for couple of years,
and its mill. though small, is giving
4 excellent satisfaction. The company is
a close corporation, but it is the gen.
/ eral understanding that the net earn
ings of the property are more than SAT-
/ isfactory
/ The Geyser with it's workings in
1 large bodies of ore, is doing much for
/ the reputation of the camp, and the
| product of its mill is flowing steadily
/ into the channels of trade and COM
merce. The GeyseT is a young pro-
Queer, and the making of a great one;
but like the Marion, the company is
close one, and the earnings of the prop
erty is not made public.
The Sacramento, adjoining the Mer-
cur although but still an infant when
compared to its neighbors, is not the
least among them, ana with its new
! ir, fail ION
coming money for its fortunate owners
The Sacramento, since the completion
of its mill. his disclosed new and large
ore bodies. which give promise of great
permanency, and also proves the con-
tinuation of the great ore zone OF the
district.
The Sunshine mine and mill, three
miles south of Mercur, alfhough men
toned last among the producers of the
district, is regarded as one of the rich
est and most promising propositions to
be found in the west. The Sunshine
is in the hands of conservative people
who are wei able to develop 1T to the
fullest extent. Already the mine Is a
strong rival in the way of rich ore
bodies exposed, 10 the Golden Gate and
Mercur mines, and as to its mill, II is
the most perfect and the largest plant
in the district; and although IT was
only constructed and placed in opera
ton less than eight months ago, it is
now the intention of the company to
still enlarge it in order to keep within
hailing dist2I &c of the output of the
property Tie Sunshine. in its deYe1-
opment, has been most ably managed,
and in its workings disclOses TO view
rich ore IN astonishing and beWilder
ing quantities.
These are the main producers of the
l. e-Fsa "a
pick. with every blast that is fired,
and every time the miner hits drill,
new and extensive mineral zones are
uncovered in their rock-ri;obed breasts,
and in the contemplation OF their
wealth of ore, and IN the computation
of what there yet may be disclosed,
the human mind is lost in amazement
al wonder
And yet there are many other mines
ana prospects in the district that give
ever Indication Of developing into
magnificent producers.
The Bricl1yard is already in large
body OF milling gold ore, and pIant
for its reduction is now in contempia-
ton
The Gold Dust, but recently trans
formed from a prospect into mine,
is making a most encouraging show
ing with new ore bodies uncovered,
and a plant for this property Will soon
be the order of the day.
The June Bug and Baby Elephant,
on which the town of Mercur is pullt,
and which are almost surrounded py
producing and paying mines. give
promise of developing into great dlVl-
dend payers at no very distant DAY;
and now that its new hoist is about
ready for operations, our people Will
watch its working with great interest:
The Wonder is also properly OF
great promise. located as 1t IS yust
next 10 the Golden Gate property. Inc
Wonder shaft is now verging into the
ore zone of the district, and it is the
general belief that it will soon be
listed among the other producing
mines of the camp
The East Golden Gate, with its fine
equipment for the thorough develop
ment of it's property, is another propo-
sition that is deserving OF mention III
these columns, especially as II IS 5uSI
putting in a plant with which TO drlh
prospecting hole to a depth OF
thousand feef or more.
Interest is also centered in the Hecla
and the Seals. whose shafts are now
cutting the hanging wall of the great
blanket vein of ore that underles lle
district. and hourly almost it is expect
ed that this strata will be encoun-
tered.
The Overland, at Sunshine, pros
pect month ago-now mine-is an
other Illustration of what capital and
application can do, for this mine can
now be classed among the producers
of the district, and mill is now IN
contemplation for the property.
The great Northern Light, three
miles north of Mercur, with S2,OOO,OOe
or more to its credit, will also add new
lustre TO the camp; for. with the dis
covery of large deposits Of low grade
gold ore in this property, it took a new
lease on life, and now it is freely SAID
that this Lion Hill bonanza viii yet
equal in wealth and Importance the
greatest mines that the camp OF Mer-
cur can boast Of.
These are but a few of the promls-
ing properties that grace the hillsides
and canyons of Camp Floyd mining
district. for they are many; and the
work now going on in their develop
ment. if it could only be seen and re-
allied. would surprise those who have
spoken lightly of the camp.
Camp Floyd district is enjoying a
steady growth 1t has no crazy boom.
vet it is today the greatest gold camp
in the world, and future developments
will prove the truth of this assertion.
POLL0CK'S LETTER