The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-08-22

Just now people seem tc he turning
their attention to gold mining alone
and this is perfectly natural from the
fact that no other pursuit seems to as
sure returns. No one pretends that any
mercantile line can be made sue
cess, and real estate, which has al
ways been considered basis for esti-
mating values, is no longer a criterion,
in fact it really appears 10 have no
fixed value. OF course, everybody is
seeking a free milling gold PROPOSE
ton, for silver seems to lie only a
commercial value. The great bodies
of free milling ore being uncovered in
the Blue mountains in southeastern
Utah. has been attracting considera BILE
attention for several months, and the
recent developments concMsiNely show
that there is not only vast deposit of
free milling ore, gold ore, but that il
is a uniformly high grade, that is. from
$50 to $50 per ton. The operations Of
the Gold Queen Mining company have
been watched with 4 great deal of in
terest, not only on account of the large
amount Of ore in sight, but because
they have obtained the greatest depth
on the ore body. Within thu past few
days active operations have commenced
on this valuable properly and If ali
signs do not fail, wonderful returns
hay be expected, FOR ample capital has
been secured 10 work on very large
scale.
To the north of the Gold Queen is the
property of the Blue Mountain Tunnel
and Mining company, also a Salt Lake
corporation. which is now making ar
engagements for doing ii great deal Of
work this fail, and it is warranted ny
the present large showing Of ore, which
is of a very fair grad.
Between the Gold Queen company
and the rich Gold Dream lies the prop
erty Of the Caldwell Tunnel s. Mining
company. This company owns three
full claims. tunnel site and mill site;
and from its location, Immediately on
the gold zone, ana the present de-
velopment work, it is probable that
they also win open up a very line booy
of ore. The tunnel at its greatest
depth, viii cut the great lead of the
district at a depth Of little over 1900
feet While the line cf this tunnel was
being run a piece of quartz was
knocked off from The croppings which
was literally covered with free gold and
the ore in every respect resembles that
found in the Gold Dream, a short ais
lance to the south.
The three companies named are lit
orally fenced IN by several recent very
Grand View With shaft down 35 feet.
showing four feet of solid ore which
Will average $22.50 per ton in gold. 10
the east is the Eureka with d 50-foot
shaft on the ore body, which discloses
in the bottom a strong five and one
half-foot vein of $35 gold ore.
The Copper Queen group to the north
is the property which was recently sold
to D. H. Moffatt. of Denver. Tor $1,000.
The ore in this property runs from S25
to $500 per ton in gold.
That wonderfully rich property, the
Gold Dream, which was bonded last
summer for $4,000, has been sold to
Durango, Colo, parties for $4,000
cash.
On quite q number of other prospects
considerable work has been done this
season, and the showing is said to. be
first rate. in fact, to sink in the Blue
mountains means to strike an ore body.
Even along the hill sides. where roads
have been graded out, pans Of dirt have
been taken to the creek and almost in
variably g. string of colors has been
the result. This statement is youched
for by Frank D. Kimball, 8. 8. Hay
ward. NJ. Rippeto, the well known min
ing expert, and others. Mr. Rippeto
says that he made at least 100 pans
from locations in this district, and he
secured colors in all of them
If people generally would turn their
attention TO gold mining to recoup their
losses instead of fighting over what
they have lost in silver stocks, real es-
tate and mercantile pursuits, there
would soon be such an era of prosper
fly in Utah as was never dreamed of
in the most sanguine imagination. This
thing Of sitting down and fretting is
certainly not the way to succeed, for If
you have only a few hundred dollars
it will soon be eaten up. and you have
not even that sum to invest in the best
proposition which might be presented.
One thing is eertain--you have either
got to buy wheat or so TO gold mining,
for no other industry offers any assur-
ance whatever of returns.