The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-21

The Vallejo continues to attract
much attention and stock is still
quoted at 81 and over per share In
fact. during the past week the proper
ty has gained rather than lost standing
in the community, and besides stock
being quoted at s2.22 per share, a fine
block changed hands at that figure.
The writer is informed that James Ker-
vim, one of the best miners in Park
City, and whose opinion has been dill
gently sought ever since the property
began shipping recently examined the
mine and declared that in his opinion it
had the making Of a mine that would
eclipse and Other property ever opened
in Park City, says the Record We did
not hear MIR. Kervin say the words, but
get our information from parties who
claim to have heard him and to have
seen the result of samples recently
taken by him on a recent visit of in
spection to the property The samples
taken showed as high as $50 ounces in
silver, $50 in gold and 40 per cent cop
per to the ton, and Mr.. kervin is re
ported TO have said that it has the
making of a mine that viii eclipse
either the Ontario or the Silver King.
However that may be, it is certain that
no amount of persuasion can induce the
chief owners of stock to part with any
number of shares. The indications, so
far as can be compiled from assays.
from the developments III the lower
tunnel and from tests made from the
raw ore, is TO the effect that the Val
lejo is going to cut big figure in the
immediate prosperity OF the camp.
CAMP CROSSCUTS.
Record: Pay day was completed in
this camp Monday and Tuesday, when
Superintendent r. c. Chambers issued
checks TO the employees of the Ontario
and DAILY companies, and j. ]. DAILY to
the men at the Daly-West.
Foreman Keetley of the drain tunnel
says that enterprise is getting along
faTously, having now reached a point
opposite Daily No. shaft No cross
cut Will be run to the shaft until the
tunnel reaches the old DAILY. Mr. Keet-
ley says lots of water is being encoun-
tered, but the tunnel is handling it
without trouble.
Though a strong effort has been made
within -the-past two weeks TO learn
something authentic concerning the
machinery for the Peck MILL nothing
tangible has been developed and the
future of that plant is still shrouded
IN as much mystery as it was two
months ago. All that Mr.. Jones will
say is that the mill viii be completed
as soon as the machinery is ready.
Reliable information received this
week is to the effect that the Ontario is
today bigger silver mine than ever
before in its history. That it goes deep
er than the present deepest workings
and gets better, is amply proven by the
developments being made by Foreman
Kervin in the three-compartmen
Wine being sunk below the 800 level.
At the 1,600 level four feet OF rich black
ore, as good as any ever uncovered in
the mine, has been exposed, and the
indications are that this ore body will
continue to improve as depth is OBJ
tanned. Black ore in the Ontario means
extra rich rock. and if it exists in No.
Is almost certain to be found in other
parts of the mine. and proves that the
future OF the property is yet only in
its infancy It means millions added
TO the millions that the mine has al
ready paid 10 its stockholders.
Chris Slagle. Joe Steele and James
Thomas have a very promising group
of three claims lying about one and a
half miles north and a little west of
the Vallejo. They have some very nice
groupings and are sinking a shaft TO
cut the ledge. The shaft is now some
2. feet deep, and the indications are
y at the vein VIII be encountered at so
feet; at least that is the judgment OF
the owners. Mr.. Slagle says every foot
of ground in that part of Blue Ledge
district has been taken w and pros
pecting is quite active even at this
season of the year He expects to see
some rich developments made early
next season and is satisfied that the
ground being worked by himself and
partners viii prove as valuable as any.
They are open for negotiations for a
working interest and invite inspection
Of their ground.
J. J. Thomas came out from salt
Lake yesterday morning to look after
matters at the Creole mine. He saws
a small shipment of first-class ore is TO
be made at once and that commodious
ore bins VIII be constructed at the
mines TO protect the ore from the
weather. In reference to the options
held by Spooner Bros. on the stock of
the company. he says the time has been
extended and he is satisfied ii viii be
taken up before the expiration of the
date as now fixed. The English mar
l1et has been dull for some time as re-
CARDS American mining stocks on ac-
count of the presidential election, but
as that now IS a thing of the past and
matters have settled down to a normal
basis. he is satisfied that no trouble
VIII be experienced in floating the Gre
ole stock. The mine, he says. is look
ing wei and gives every indication of
developing into a bonanza. The shaft
is going down steadily and will be
sent to the 500 level before any drifting
is done for the ledge
Work at the old Hawkeye has oeen
discontinued owing, as the writer is in
formed. to some misunderstanding
about funds. and Superintendent Hall
is now in Salt axe trying to straighten
matters out. The old shaft has been
cleaned ont clear to the bottom and
nut IN good repair, while the drift lead
ing TO the vein HIS also been cleared of
debris right uD to the face where the
big water course was cut that flooded
the property and drove the men from
the shaft Contrary to the expecta-
tions of many persons. though in keep
ing with the claims Of W. D. Began.
who was foreman of the mine when the
flood came. no ore was found. and that
fact NAV accoun. for the cessation of
work There is a fine vein exposed in
the crosscut. however. and a drift on
the ledge might open up fine body of
ORC within q few feet II is to be hoDed