The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-26

foot level and drifting on the 100 level.
winch was Strengthened to facilitate the
handling of ore. The company placed
81 tons OF shipping ore on the market
THE BEGAN.
This property, which lies north of the
Silver King, and is thought to have
the vein of the great bonanza running
through its ground, has been idle all
year, owing to lack of funds for de-
Veiopment work. However, the COM
pany has spent $4,000 paying off old
debts, the amount having been raised
by Two assessments, one cents and
the other ~ cents, collected during the
year Thus the company is entirely
out OF debt. The control of the stock
has changed hands to those who are
able to go ahead with the development
OF the property, and it is hoped that
the stockholders, at the annual meet
ing in the early part of the year. will
decide to sink deeper the shaft, which
Is now down $50 feet. The property is
provided with an ample shaft-house
ana 5O-horSe-poWer engine
LUCKY BILL.
Very little work has been done at
the Lucky Bill during the past wear.
What was accomplished consists of a
drift run $50 feet from the 5O0-foot level
in the direction of the vein. Most of
the stockholders are men of moderate
means and with the present depressed
condition of the silver market there is
not much encouragement to continue
prospecting at present. The shaft is
LOCO feet deep. Some ore asSaying well
in lead, silver and gold has been Sc
cured from the vein. Joseph Hatch is
president and G. A. Gibbs secretary
and treasurer. The company is out of
debt.
SNAKE CREEK DISTRICT.
Unless all signs fail, there will be
considerable activity in Snake Creek
district next summer. Here are To-
Gated the Boulder Basin, Blue Bird,
Superior and other prospects, lying in
the same copper-gold belt as the Valeo.
A shaft is being sunk on the Boulder
Basin by w. j. Wilson. Enough devel-
opment work has been done on the Su-
perior to show that it is a good cop
per proposition. Farther west is the
Mammoth, which is under a bond and
lease by f. r. Davis and C. F. Goist.
1t is the property which recently Gre
ated a sensation by the announcement
of rich gold strike, an assay of the
outcToppings giving $4,000 in gold. De
Veiopment work has been temporarily
suspended on account of snow, as it
compares very favorably in point of in
accessibility with the Chilkoot pass.
THE MORGAN.
y There are II patented claims in this
group, situated between the DAILY and
Daly-West, where the ground is quite
valuable. From the bottom of the shaft
500 feet deep, there is a 200-foot incline
from which a drift is being run for
What is believed to be one of the DAILY
veins. It is reported that Phillip and
Henry Morgan, two of the principal
stockholders, have disposed of a large
portion of their stock to men with suf-
ficient capital to develop the property
more rapidly.
CUMBERLAND.
Work at the Cumberland consists in
sinking the shaft 800 feet deeper so as
to bring it down to the 500-level. from
which point a drift will be run for the
ledge, Which was reached on the 100
level, where ore was found though not
in paying quantities, that assayed rs
ounces in silver, 6S per cent lead. and
81 to S. in gold. The shaft is reached
through a 600-foot tunnel and is operat-
ed by a gasoline engine
THE ALICE.
A short distance from the mouth of
Wcodside canyon is the Alice shaft
which has been deepened this year
from the $50 to the S5O-leyel. AS soon
as the formation looks favorable a drift
Will be run in the direction of the ledge
and, by the way, the rock is reported to
be looking very encouraging at pres
ent. The shaft is operated with within
by two shifts of men. A shaft house
was recently built over it.
ROSEBUD GROUP.
Several months age. a lease was given
on these ten patented claims by the
owner, Smith Ehrinser, to Messrs r.
T. Kimball, Charles Loofbourow, w. s.
Sharp, Charles PAUL and Charles Ber-
ryman There are two veins in the
ground, connected by a cross vein, and
last wear in a drift $50 feet in length
this SPUR was encountered. furnishing
a small vein of silver-lead ore The
present leasers have run a tunnel at a
lower vertical depth of 125 feet 1t is
now in s20 feet and recently passed
through a six-inch stringer of fine-look-
ing ealena ore. The tunnel is being
pushed further in for the main vein