The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-19
BEAVER LAKE DISTRICT.
New Life and Vigor Infused Into
This Rich Mineral Section.

1n1S hlcn mineral SecI1On.
Frisco, Utah. May 17.-Interest in
! Beaver Lake district continues. In ad-
dition to the wasatch and Beaver Lake
companies mentioned last week as hav-
! ing Incorporated and making ready TO
prosecute work, operations viii be be-
gun on several other properties before
another 60 days have gone by.
| The owners of the Copper Mountain
stock are considering an offer for so
per cent of the stock of the COMPANY.
and viii probably accept it. in which
case work upon this property will be
resumed. The Copper Mountain COM
pany owns six claims on a lead parallel
with the Beaver Lake Copper Mining
company's property. The company was
formed a couple of years ago and a.
shaft sunk to a depth of 112 feet, when,
being unable to secure funds, work was
suspended. The shaft at this point is
very interesting, there being some ore
in the bottom that runs 30 per cent
copper, and 1t is thought the apex of
an ore body was just struck when work
was stopped.
From c. S. Graham, president of the
company, if is learned that two cars
of ore had been shipped from this prop
erty; the first was taken from the sur
face, and without being sorted, was
rOlISu ITO NaSOnS anu SIIDDcu. l. HIS
car run S.5 per cent copper, $1.05 in
gold and u ounces silver The second
car was extracted from 40 feet below
the surface. and ran 13 per cent copper,
2.40 in gold and Il ounces silver. An
other car is now on the dump and was
taken out in sinking the shaft from 40
feet down to the bottom. Mr.. Graham
thinks this dump will run 20 or q per
cent copper The ledge is large one
H. 4 oil 10
claims, except where loose dirt and
rock cover it.
A 20 days option for the privilege of
a six months bond has been taken by
Salt Lake parties, whose names it is
not desirable to mention now. on the
June Farnsworth claim, mentioned in
last weeks letter.
The owners of the Galena and Chic
ride claims are considering the advise-
bility of incorporating and resuming
work. These claims embrace a ledge of
quartz from which assays as high as
600 ounces silver has been had. From a
width of four feet on the surface, the
ledge has widened to over six feet in
the bottom of a 50-foot shaft, where an
excellent ledge matter of iron and cal
cite is showing. The poSsessOrs of this
property believe a very little work
would make il a profit-paying mine.
Philip Schwartz owns a patented
claim in this district that will COM
pare favorably with any gold property
in the state. His mine is situated upon
the west slope of the Beaver Lake hills,
about a fourth of a mile north of What
is known as the West springs. The
formation is dolomite and quartZ8te.
The ledge, which is a strong one, runs
SO to $40 in gold, SO to 80 ounces silver
and 50 to 40 per cent iron. These values
are based upon shipments made to the
Horn Silver smelter when it was in
operation at Frisco, and the ore was
extracted in sinking an incline 200 feet
deep. The same class of Gre is said to
be showing in the bottom of this in
cline.
Milan w. Packard of Springville, who
has valuable mining interests in Tintic
district and Butte, is in Frisco on his
way to Nevada, where he has sheep
ranch. Mr.. Packard Is very favorablv
impressed with the formation and min
eral showing about Frisco, and does not
hesitate in asserting that there are
plenty of mines about if the ground Is
properly DEVELOPED.
RUDE Falnsworth advises that the
Cuprfc incline is being forced ahead as
fast as circumstances will permit, but
that it will probably be some time vet
before the ledge is encountered.