The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-26

SpectOr for the state Of Utah, and as
he is a practical coal miner, being we'll
versed in the necessities incident to his
occupation, and comes here the bearer
of excellent recommenda tons, he
stands fair chance of getting what he
is after
II. Il. kamm, of Glenwood Springs,
Colo, the we'll known stockman and
miner, who made an inspection the first
of the week of the Mercur and North
ern Light mines, expressed himself as
more than pleased with these proper
ties. Mr. Kamm is so taken with Utah
and the advantages and resources of
our new state that he intends making
this city his future home.
Tom Hart, the veteran prospector,
mining man and miners friend, who
staff of the Miner the past month, has
accepted a position with the Pioneer
Diamond Drill Prospecting and Mining
company. He left for the Peepstone
district Wednesday with supplies to
inaugurate a campaign of prospecting
fer his cc'mpany.-Mercur Miner.
DR.. NJ. H. Buck and C. B. burst have
just received good news from their Sill
yer Reef group of four claims in Ophir
district. This property is now being
worked by lessees who are taking out II
until the roads become passable so
that shipments can be made. The Sill
Yer Reef shows good bodies of high
grade ore, and without doubt will de-
Velop into a great producing property.
A deal was consummated yesterday
whereby several Salt Lake parties Sc
cured bond On group of four claims
in Bingham, comprising the Silver Belt,
Acron and Cuba lodes. The bond calls
for a payment of 100000 within one
year, during which period certain
amount of work is to be performed by
the parties securing the bond This
group is considered as being very val
liable property, and the Salt Lakers
who got in on the deal are congratu-
lating themselves upon their good for
tune.
A mining deal was closed today
whereby a neat little sum of money
changed hands. Through G. M. Nc
Entire, a local operator, the five
claims, Vindicator, Bucklin, Martha
Washington, Vanderbilt and Singer
were disposed of to 7. G. Merrill,
well-known Montana mining man. the
consideration being $1,000 spot cash.
The new owners will at once begin to
develop the claims with a force of sew
eral men. We congratulate the buyer
to be among the best undeveloped
ground in the district.-Mercur Miner.
Work is being pushed in the devel-
opment of the new Leadville district,
eight miles west of Burnt Corral, on
the Frisco branch of the Union Pacific
road, and John Whitbeck. who is just
in from there, states that a good deal
Of work is going on in opening up the
new finds, among those interested and
having work done being United States
Marshal Nat Brigham, who is now in
western Iron county investigating the
reported ore strikes in New Line dis
trict. about which considerable has
been said OF late. Already, at Lead
vile, several carloads of lead ore have
been taken out and is ready for ship
ment, and if the present outlook holds
good, the new camp will in time be-
come a heavy producer.
The Mercur Gold Mining Syndicate
and Development company is getting
down to business in good shape, and
during the last month has negotiated
several good deals, its latest transac-
ton being the sale of a group of five
claims adjoining the Charlie Ross
property in the western foothills, Camp
Floyd district, designated as the Sin
ger. indicator, Bucklin, Vanderbilt
and Martha Washington lodes. This
group is located in a good country,
and it is the intention of the purchas-
ers to thoroughly develops the property.
The sale was negotiated ht the Mercur
office of the company, AMI A. w. Pere-
go, who manages the Salt Lake office,
was notified of the sale yesterday.
w. j. Wolstenhoime, of the New
State gold mines. on the foothills in
Salt Lake county, between the two
Cottonwoods. made VISIT to the prop
erty day before yesterday in company
with P. c. Richards of Rock Springs,
Wyo., who is the civil engineer of the
Union Pacific Railway company at that
place. Mr.. Richards, who is an au-
thority on mining matters, was we'll
pleased with the property and the for
nation, and says that no doubt it will
develop into rich producer. The re-
cent assessment on the New State,
which was delinquent yesterday, was
nearly all paid in, as out of $50. 900
shares. the capitalization of the com
pany, only 1.600 shares we're sold as de-
linquent. This is a fine Showing. and
is an indication of the faith the share
holders have in the outcome of the
mine. -