The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-10
A BOOM FOR TINITC.
The Silver City Country is Strictly
in the Swim,


The past week in Tintic mining cir
cles has been marked by several new
interpretations of properties, all of
which VIII undoubtedly be worked in
the near future, as it is characteristic
Of Tintic propositions that they are
placed before the public strictly upon
their merits and have no smack what
ever of the wildcat order Indeed, says
the Eureka Democrat, we know of but
one incorporation in the district which
we do not consider to be upon a legiti-
mate basis, and to this we propose to
devote some attention later on. The
South Swansea, the Uncle Sam, the
East Eureka and the Shoebridge incor-
porations are properties which will
bear investigation and need no news
paper booming. Prospects are not
mines, of course. but wherever located
in the great mineral belt of Tintic dis
trict any prospect is likely to develop
into mine when the work upon it is
directed with judgment, ability and
capital. The Tintic stocks on the Salt
Lake stock exchange bear evidence
that Tintic properties now have the
call over all other speculative propo-
sTtions Centennial-Eureka, Bullion
Beck and Eureka Hill being devoid of
interest on account of their standard
value; while Mammoth, Ajax, Swansea
and Four Aces have f1uctuated to a
small degree within the present week.
North Eureka has an assessment upon
it, and no quotations are made, while
Richmond and Anaconda, after brief
furry at about cents, has taken a
slump. The reason for its advance was
attributed to a rumor that George H.
n II =
the recent bear movement would not
indicate the truth of the rumor Tetro
remains stationary. with no new devel-
opments to report. From Mammoth
and Silver come good reports, every
body being anxious to get into the
porphyry over in the Silver country.
Many of the old prospects, abandoned
years ago for all working purposes,
are now being opened up with good
showings, and small paying mines, a
blessing to any mining country, may
be looked for by the score. No deal
has yet been consummated on the Sac
ramento ground. but negotiations are
still in progress by which active work
will be resumed on ground north of
the Beck before the month is over.
Work in the old producers mas been
regular during the week. The Nam
moth is in body of magnificent car
Donate ore on the S00-fOOt level and has
large ore reserves ali over the mine to
draw from. While a dividend is report
ed for next month, it is possible that it
will be deferred until the mine has
been re-equipped with a new hoist
which is absolutely needed before fur
ther sinking is attempted. The Bull
lion-Beck has another strike of rich
ore reported on the 600-foot level At
the Eureka Hill the mine and mill have
been running with the regular produc-
ton of ore and bullion.
One of the most important strikes
that has been made in the district for
some time is reported in the drift from
the SOO-foot level at the Mammoth
The large ore body said to exist there,
and from which one shipment has been
made, runs very high in gold and sill
YER and from its general characters
tics is no doubt separate and distinct
from the great Mammoth vein. Owing
to the very conservative views of the
management no definite information is
obtainable but sufficient is known to
warrant the assertion that the Nam
moth mine has made a great strike of
ore +Aat is in all respects similar to the
great upper Slopes that had much to
do with making this property famous
The work of developing the Whitta-
ker-C Cleveland properties has begun. On
Monday a force of men were put to
work upon the important tunnel pro-
ject that will open the Cleveland
ground. passing entirely through their
group of three claims and into the
Whitaker, tapping the great ore body
known to exist there at a depth of
about 700 feet from the apex. This
tunnel will be but a trifle less than
900 feet in length and of ample 'dimen-
sions and will be pushed ahead as rap
idly os possible. Manager E. n. Jen-