The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-03

south of this mountain great bodies
! of ore have been discovered. Mercur,
| to the south, is right on line with
| the strike on the Lion Hill ledge,
! which, although the ore bodies lie in
! horizontal form on the surface, pitches
! TO the east as depth is attained. its
| objective point seemingly being large
! bed of slate that is known to exist in
| that locality.
The formation of this great ore zone
| is porphyry and lime, the porphyry
! being the hanging, while the lime
! forms the foot wall. Instead of exist
| ing in marrow and Well-defined veins,
the high-grade silver OVERLAPPING the
| loW-grade gold and silver ores, while
! through the mass of mineral, which is
! filed with spar and StrataS of tale,
lime horses or columns exist at irregu-
! lar intervals; and through this almost
measureless body of ore there are
! chimneys of very rich ore, and 1t is
| those from which most of the wealth
above mentioned has been taken, in
! consequence of which the great
breasts of low-grade ore have been
practically untouched.
A representative of The Herald had
the pleasure the first of the week OF
examining the underground workings
Of the Northern Light mine and, al
| though he was prepared to examine
good showing of ore, he did not expect
| ito see mine through which he could
travel for several hours and see moth
ing but ore.
Starting in at the mouth of the tun-
mel, he had gone but a few feet before
the presence of ore was noticeable and
during the remainder of his stay IN
this property he was always sur
rounded by ore and as he examined
the numerous scouts, wines, drifts
and upraises his attention was ar
rested many times by the stopeS-some
large and some small-from which rlcn
pockets of ore had been extracted.
Lewis W. Clark, better known to old
timers as "Buckskin Clark" conducted
The Herald representative through the
myriad winnings of this noted old
producer and as he came 10
those Slopes he would say, "A
hundred and fifty thousand was
taken out of this pocket, or
THAT pocket produced $4,000 and
This one S25. 00o:' but lit was not until
the lower levels of the mine were
reached that the immensely of its
mineral wealth could be appreciated,
for it is in these levels that the low
grade ores, carrying from 10 70 ~
ounces in silver and from S. to Slo IN
gold exist, and it seems hardly. credl-
BILE when we state that these DooleS
of ore were seemingly ineXhaustble-
These ores carry a large percentage
of silica, and can easily be reduced by
the teaching process; but as they were
not in demand by the shelters, they
were left untouched while the miner
sought for richer ores, little dreaming
that in days to come the white metal
would be degraded, while the demand
for gold would increase, and with TINS
demand a simple and inexpensive pro
cess for the treatment OF low grace
ores would come into general use
But such has been the case. however
and, after VeXatious delays, the Lion
Hin mines have been purchased by
gentlemen in this city, the main object
of which purchase was the treatment
of the great bodies of low grade gold
and silver ores contained in this now
consolidated property, which COM
prises the patented claims above men
tioned and the Last Chance, besides
two unpatented claims and two good
springs of water a short distance from |
Lion Hill; and for the future develop
ment of this property, and especially
for the erection of a mill for the treat |
ment of the low grade gold and silver
ores contained therein and in the
numerous dumps. company has re-
Gently been incorporated, in which !
some of the best known mining and
business men of Salt Lake city are
identified.
The capitalization of the Northern
Light Mining and Milling company
has been placed at 100000 shares of a
par value of So each, 10000 of which
has been set aside as treasury
stock, the proceeds from the sale
of which is to be used in the
erection of mill for the treatment
of the teaching ores contained in the
development of the property.
The incorporators of the Northern
Light Mining and Milling company
We're Gill s. Peyton, E. H. Airs, DR..
E. D. Woodruff, E. E. Crooks. H w
Brown. w. E. Hubbard and E. G..
Rognon, while the officers and di-
rectors OF the company are as follows:
Gill S. Peyton, president; E. H.
Airis, president; DR.. E. D. Wood
ruff, secretary and treasurer; w. E.
Hubbard and E. E. Crooks.
A good mine is of no good unless it
is well managed. and good men will
not let their names become associated
in the management of mining prop
erty unless they have satisfied them
selves that it is good and legitimate
venture; it is safe, therefore to pre-
sumo that when men who practically
made the great Mercur mine become
identified. financially and officially
with a property that has a record Of
million or more to its credit, that
this property under this management.
will in time develop into a dividend
paying proposition. and this is what
we all look forward to in the Northern
Light
Lion Hill is located about three
miles north of Mercur. and the inter
Vening country is all located. and to
within short distance of the hill.
great deal of development work is now
going on: While. Immediately south of
the Northern Light. in Silverado can
yon, the Chloride Point mine is To-
Gated. The Chloride Point is a rich
producer, and but short time ago
was sold at good round figure.
From present Indications Lion Hill
and vicinity will present scene of
great activity this season, and bv fall
we shall expect to see the Northern
Light mill in operation and notices to
the effect that the company has be-
gun the payment Of dividends.
PAID A DIVIDEND.