The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-04-07
the surrounding mining camps. who are

the surrounding mining camps. who are
pleased to see them once again
News. White Pine. New: Mr.. 1. H.
Chase of Salt Lake City. who was ex-
aminine mining properties in Robinson
the first OF the week. departed for the
city Thursday Before leaving he secured
R. Thomas and the Riepe estate.
c ". Watson writes from Gibbonsville.
Ida. that work is progressing finely in
the installation of the hydraulic plant at
the Bingham placers. which are owned
Q. Salt Lake company and that the
four-m:le fiume just constructed by the
company IS pronounced by mining men
to be the finest work of its kind in the
state 1t is expected that Sluicing for the
yellow metal will begin in about a week
c.. A. Anderson. the manager of the
Gold & Silver Extraction company OF
America, arrived in the city yesterday
from Denver, accompanied by Dr. Ar
thur. one of the inventors and patentees
o. the AcAr.hur-Fo process of ore
reduction. These gentlemen will remain
III Utah for several days. during which
time they will make an examination OF
state
A piece of ore was on exhibition in this
city yesterday from the Magnolia mine,
at De Lamar, New The specimen, so The
Herald's representative is informed, rep
resented a three-foot vein which carries
average gold values of 5000 to the ton.
T r. Jones of Salt Lake is interested
III lL-S valuable property, winch. from
all accounts. gives promise of developing
into a prolific producer of the yellow
metal.
At the meeting of the governing board
of the mining exchange, held yesterday
afternoon, Il was decided to submit the
question of holding two calls of the ex-
change daily to the members for ac-
ceptance or rejection Some OF the
brokers favor the idea but there are
others who are of the opinion that while
such a plan might work successfully at
the present time. that later on 1t VIII
be found that il will be inconyenient TO
attend an afternoon call The question
will come up for action this morning.
The directors of the Buckeye Mining
company of Tintic held a meeting Mon
day night and resolution was adopted
TO push work in the development OF the
valuable property owned by the COM
Dany, besides which the secretary was
authorized TO make a charge of % cents
q certificate for all stock transfers. The
board was well pleased with the report OF
the superintendent of the mine. Judge
Green. and it was shown by him that the
property was in a most fiouriShing con-
dition.
NJ. H. Hennesy. the well known mining
man. is spending few days in Salt Lake
attending to some business affairs and
renewing acquaintances with old friends.
For the past few months Mr.. Hennesy has
been directing the development of the
Adelaide copper mine at Golconda. Hum
boldt county. Nevada, and he states that
the old workings have been explored to
the satisfaction of those interested, and
that now a double compartment working
shaft is being sunk on the ground. Ac-
cording to Mr.. Hennesy the property is
valuable one. and the outlook for IL is
most encouraging.
At the annual meeting of the stockhold-
ers of the Horse Shoe Mining & Milling
company, held in this city on Monday OF
this week, the old board was unanimously
reelected to serve for the ensuing year.
The company has had a hard struggle
in pushing development on its promising
property, which is located in Logan can
yon. about three and a half miles east
of Logan, and has succeeded in paying OIL
the debt it incurred a little more than a
year ago in order to perform the neces-
sary assessment work on the property,
and now it is on a good footing with
clear sailing ahead and a fine body of ore
to go on. The new shaft on the Horse
Shoe is now down to the 2J-foot level. in
the bottom of which there is a well-de-
fined body of mineral in which there is Il
I4-inch pay streak from which assays OF
q trace in silver TO $l40.55 in gold have
been obtained. The management resumed
work in the development of the mine early
in March of this year, and the showing
is so encouraging that the board of di-
rectors have decided to push the work
right along. and the indications are that
this property will soon come to the front
as a productive and paying mine. The
facilities for either shipping or treating
the ore on the ground are excellent, as
the mine is but a short distance from the
railroad, and there is plenty of water and
timber in the immediate vicinity