The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-04
THE SAMPSON DEAL.
Mining Men Well Pleased Over the
Consolidation.

The news contained in these columns
yesterday relative to the consolidation
of the Sampson and Yosemite No. 2
mines, in Bingham, created consider
able interest in mining circles in this
city, and the general verdict was that
it was a good thing, as now this valu-
able ground can be worked TO advant-
age without fear of litigation as far as
the interested parties are concerned,
and it is believed that if work is
pushed in the development of the con-
solidated properties the Sampson will
soon be able to boast of the possession
of one of the most valuable properties
in West Mountain mining district.
The Sampson mine has had the credit
of being a dividend-payer in its day,
and it was not many years ago that it
disbursed $4,000 monthly in velvet
money" Mismanagement and litiga-
ton, however. caused a suspension of
work ard at d time when but for
pending lawsuits as to the possession
of the large body of ore between the
Sampson and the Yosemite No. 2
mines, the ore shipments might have
been materially increased.
With the consolidation, however, it
is believed that from the start the COM
bined properties can begin the pay
ment oe dividends, and that with the
thorough DEVELOPMENT of the mines
Cnder the merging of the combined in
terests, there will not be a property
on the Dalton hill that has a better
showing for Dermanency and product
iveness.
Manager ]. Schenck, of the Dalton &,
Lark mines. who was manager OF the
Sampson ar one time, speaks very
highly of the property which, he states,
shows larger bodies of ore and greater
values with depth: and he also says
that in this property there is still a
large amount OF ore exposed in the
mine down TO the water level, which
is estimated at about 1000 feet
One feature in favor of the CONSOLE
dated property is that it is squarely
on the Lark ledc=e, and The Herald is
Informed that from the underground
workings OF the Yosemite and the
Sampson a person. can pass into the
workings of the Dump mine, owned by
the Dalton & Lark company, ard that
after going the entire length of the
Dump underground, the Lark workings
will be encountered, after which the
Antelope workings can be entered and
an exit made through the Antelope
shoft.
When the Sampson starts up work
in the operation of its property it will
doubtless make use of the Dalton e
Lark tramway, which viii add another
source Of revenue to the latter com
pany; and with the resumption of work
there viii be great deal of life and
activity in the Dalton & Lark country.
There is an enterprise now in coii-
temptation and in fact. it is already
under way. that means much for the
mines on the Dalton & Lark Hill. and
this is the projected deep drain tunnel
by the Bingham Tunnel company This
tunnel, when completed, Will drain the
mines on the Hill at a great depth, and
it will also give an outlet for the pro-
duct of the mines and at such a small
cost that the mine owners viii be only
too glad 70 avail themselves OF the [
chance to get their ores down the hill |
to the railroad; and The Herald is in /
formed that most of the mine owners
on the hill win willingly contract for |
the use of the tunnel for drainage and /
purposes.