The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-03-05
MINING Notes and Personals.

Mining Notes and Personals.
Frank Hines. superintendent of the
| Northern Light mine, arrived in the city
last night.
Sales of South Swansea were reported
on the streets yesterday afternoon at S1-s0
and Mammoth at $50.
The Old Telegraph mine, of Bingham.
was in the market yesterday with con-
Segment OF high grade ore.
Hon. P T. Farnsworth came in from
/ Mammoth yesterday morning, and in the
| afternoon he left for Frisco for the our-
/ pose of directing the operations of the
/ Horn Silver mine.
Mercur stock was very strong yester-
! day after the call. and it is stated that
] transfers were made at Sc. 10. From all
indications it will not be long before this
security will touch. the 81 mark.
A working model of the Ellis concen-
traitor will soon be in operation at Off
GERS assay office. The Salt Lake company
who are pushing this machine have con-
fidence in its utility. and they propose to
work it for all it is worth.
r. E. McConaughy and G.. r. Boutwell,
of the Sacramento. returned Wednesday
night from a visit to Mercur, and The
Herald is informed by them that the mine
The regular shipment of cyanides from
the Sacramento mill, valued at about
So, 500. was made yesterday.
The Herald was informed yesterday
that the Trapper's Pride mine, in Gold
Mountain mining district, had been Sc
cured under bond and lease by G. S.
Holmes of this city and ]. z. Ray of Fill
more. 1t is stated that the mine is val
liable one and that it is the intention of
Messrs- Holmes and Ray to begin the
thorough development of the property at
ar early date.
H c. Bacorn of Mammoth. one of the
officers of the Opex NINE who was in the
CITY yesterday states that the mine is
looking well and that the indications are
that a body of ore will soon be en-
countered. Mr.. Bacorn brought in with
him some samples of quartz and iron
from the bottom of the shaft, which look
well and which indicate the near presence
of an ore body. The whole of the bottom
ct the shaft is in this vein mater. The
ledge is now dipping slightly to the west
1T IS stated that the treasury stock of
the Chloride Point company is going
like hot cakes. although no special effort
is being made by the financial agent of
few days a number of the leading cit
Zens of Salt Lake have been investigating
into the merits of the property, with the
result that they have invested in this
security, while the mails of late have
brought orders for this stock from Omaha
and other eastern points The latest
reports from the mine have been very
encouraging in their nature.
Messrs. Sheets and Green, who returned
Wednesday night from a trip to Silver
City, Tintic, inform The Herald that they
made an inspection of the South Swansea
and Sunbeam mines, and that the show
ing in both of these properties was ca
cellent While neither OF these gentle
men claims to be mining experts, they
know ore when they see IL. ana they state
that in the South Swansea there is an
immense amount of mineral blocked out
ready for extraction and shipment, and
that the mine IS looking much better
than It was currently believed 10 be.
These gentlemen also say that in the Sun
beam a four-foot vein has been disclosed
which is heavily spotted with mineral.
the Indications being that it will not be
long before the chute will open up into a
fine body of pay ore.
The Eldorado Mining company. of this
city. which is the owner of a group of
claims in Red Eagle gulch. on the west
arrangements to let contract for the
sinking of a 30 or 100-foot Wine from the
face of the S0-foot tunnel on this prop
erty. which was run its entire distance
81. 50 and SD in gold have been obtained. !
A few months ago some float was found
below the Eldorado workings that as
Sayed SIS in gold to the ton, and ii is |
hoped that with development a body of |
this character of ore will be found in this |
property. The Eldorado is a close cor |
None of the stock of the cor |
poration has been offered for sale. and il !
is not expected that there will be until /
the mine is more thoroughly de-elo9ed |
and its value demonstrated.
1t was reported on the streets last night /
that ore had been encountered in the Won /
der mine. at Mercur, and the interested |
parties are highly elated in consequence |
Of the showing made 1t was limited in |
these columns a short time ago that the |
vein had been encountered in the Wonder
and that the shaft had been sunk below /
T. Recent developments would seem to
verify the prediction. as il is stated that
the vein has been found at the $50 level.
the values are small as yet The
shaft had been sunk 10 a depth of ESQ feet
before ii daWned on the management that
possibly the workings were below the ore.
As there are barren places in the Mercur
mineral deposits. ii is now believed that
n sinking the Wonder shaft Che vein was
Uncovered and sinking continued without
discovering the fact that the long-sought-
or body of mineral had been found. 1t
5 said that the ore assays SO cents in
gold where the vein is disclosed.
Il is believed that there win be great
ieal of activity i'm the Blue mountains. in
san Juan county, this summer, and at the
present stage of the game it is doubtful
whether this VIII develop into a typical
,e controlled by Colorado people. At
he present time il looks as II the people
If our sister state would walk away with
he prize. and the benefits to be derived
rom the camp win be lost TO this state
lnlesS an effort IS made to divert the
rade ard tra-el of this section to Salt
AXE. II is understood that a bill will be
Introduced in the Utah legislature MAX
ng provision for the building of a road
rom some point on the line of railroad
n this state to this new camp. If this
5 enacted into n law and the provisions
arried out, the traffic of the new gold
AMP in the ISine mountains viii come to
his city and Utah win hold the business
T this section. Ii this is not aone. Colo
ado will push her plans. and the bust
ess of the San Juan and the Colorado
liver Will all go to Denver. Colorado
,eople. always aggressive. progressive
nd enterprising. are very favorably i'm
raSsed with the naturalization of the
;lue mountains, and if they can control
he camp they viii do so. As il is. the
eopie of Utah. if they desire to hold the {
-ade and business of this locality. will /
ave to work early and late. or their {
anne is pants
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