The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-27
mining Notes and Personals.

The Ontario Mining company will pay
It's regular monthly dividend of $1,000
on Monday next. which will make $3.50
| that the company has paid this year.
1t was reported yesterday that 1t was
expected that it would not be long now
| before a consignment OF ore was MADE
from the new strike in the Sunbeam
The Humbug of Eureka, was in the
market yesterday with a potion lot OF
ore that assayed ; per cent lead. uC
ounces silver and Sc in gold TO the ton.
The ore shipments during the past
few weeks have not been as heavy as
they were a month or two ago. owing
largely. it is believed, to the heavy fall
of snow in the mountains.
An assay was made in the city yester-
day on ore from the Chloride Point mine,
in Ophir district and the returns showed
values of 32.4 per cent lead, 1.64S.24 ounces
silver and 5000 in gold to the ton
F. ]. Leonard. of the Hecla, was in
from Mercur last night, and he brought
from this property which look as If they
might would carry gold values. A drift Is
being run from the Hecla shaft and II
Is said that the main ore body has been
encountered. in which event FRED ana
his associates are strictly in IL.
c. c. Higgins, recorder of Camp Floyd
district, who was in the city yesterday
states that the failure of Captain De
Lamar to take up his bond on the Mercur
mine has not been the cause of any re
grets on the part of the people of Mercur
who are well satisfied with the turn that
matters have taken, as they are well con-
WINGED that the mine is all right and
worth twice the money that the option
called for.
The heavy snow storms that have
visited this country during the past
month have not been local by any means means,
as it is learned that in eastern Nevada
there is more snow than there has oeen
for the past Is years, in consequence OF
which the outlook for mining. and espec-
I'll. g. .-ln ,sr.sr T- MI
It has been for long time past With
water in abundance there is every reason
to believe that the placer mines OF Os-
ceola will make wonderful record TINS
season.
The Centennial-Eureka Mining COM
pany has not made a contract with the
smelters as yet for the output or tAe
mine and II is not certain that one VIII
company are making an able-bodied kick
against the high smelter charges, which,
they claim. are outrageous AS IL IS
trouble IS brewing: and It would De no
to learn that a number of the heavy pro-
ducers of the state had about decided 10
close down rather than pay what their
owners claim to be excessive charges.
w. L. Richardson. who has been di-
recting the work in the driving of the
tunnel in the North Golden Gate mine.
on Silverado hill. in Ophir district. about
two and half miles east of the La
Cigale. on the west dip has been driven
in by the heavy SHOWS. but he states that
the work has been progressing nnely.
and that as soon as the weather Will per-
nit work IN the development of the prop
erty will be resumed. The incline tunnel
in the North Golden Gate is now in for
a distance of So feet, the face being in
strong ledge of iron-stained lime that
gives promise of the near presence of
mineral in paying quantities
D. H. Bero who is in from the west
dip, in Camp Floyd district. informs The
Herald that mining matters are very
quiet in that locality of late on account
of the heavy SHOWS. and also because OF
the fact that there are but very few
properties there which have any shelter
for the convenience of those who have
them In charge. In the spring. however.
he anticipates a great deal of activity on
the west dip. On the Lydia, property
in which he is largely interested, Mr.. Bero
has sunk shaft to depth of 81 feet
on a five-foot vein that lies between lime
and shale. Good values are being found.
and it is believed with depth ore in. pay
ing quantities will be uncovered
Sam Pollock. who is experimenting the
the Herschel property. not far from the
Chloride Point. who arrived in the city
last night. states that he is getting on in
good shape in the driving of the Herschel
tunnel. and that the indications in this
ground are very encouraging. Mr.. Pol
lock, who is acquainted with nearly every
foot of Lion hill, states that the Chloride
Point is coming to the front wonderfully.
and that the work that has been done
within the past month in Its development
has uncovered splendid bodies of high
grade ore besides great chutes of good
milling mineral. From Mr.. Pollock and
others it is learned that Chloride Point
stock is in good demand in and around
Mercur. and it is stated that an offer has
been made for a block of $4,000 shares at
Is cents share.