The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-03
Mining Notes and Personals.

Times-Review, Tuscarora, New: The
old Coptis hosting works is being
taken down and the lumber will be
used to erect a eommodious and well
equipped assay office near the Dexter
works
Times-Review, Tuscarora, New: R.
L. Andrew, secretary and manager OIL
the Young America East, went to Elko
this morning to meet his brother, w.
B. Andrew, who will be there this even
ing He expected to return tomorrow.
The governing board of the Mining
Exchange has been requested to pro-
vide a blackboard, on which is to be
inscribed the dates and amounts of
assessments levied from time to time
on mining stocks called in the pit.
w. L. Clark has returned from
visit to the Black Diamond at Stock
ton, and he states that in the mine
there is a fve-foot body of good
grade of ore A carload of mineral
from this property came in yesterday.
According to reports from the Treas
ure Hill, near Silver City, the drift
being run on the vein has disclosed
four inches of high grade ore on the
hanging wall, and this streak of min
eral is increasing in size as progress is
made in getting under the old workings
of the mine. The ore disclosed carries
IL per cent in copper as we'll as good
gold and silver values.
One of Salt Lakes well-known brok-
ers received a Boston order yesterday
for block of the stock of the Mercur
company, the limit to be paid for the
same being in advance of the late quo
tationS made on the floor of the ex-
change. The eastern demand for gilt
edged Utah stocks is constantly in
creasing, and as matter of fact, no
better or safer investment can be
| found.
Chloride Point which is now one of
the most popular stocks on the mar
ket, has gained its present favorable
reputation strictly ION it's merits, and
the mine and the company are in ex-
cellent shape, while, the fact that the
company has banked 81, 500 during the
past eight days, the result of ore ship
ments made in doing development work
only, speaks volumes for the condition
of the property, as it is known that if
desired the conSignments could be ma
terially increased if the men at the
mine were allowed to do any stopping
on the bodies of high grade ore eX
posed.
Otto Hudson, who was in from Lehi
yesterday, states that he is interested
with John Beck in a property eight
miles west of that place, which has all
the earmarks of a second Mercur, as
the ore exists in large quantities and
yields readily to- the cyanide process
of reduction. On this ground a shaft
has been sunk to a dept hof II feet
all the way in a mineraliZed zone which
gives average assays of SLIGO in gold
/ to the ton, while picked samples will
run as high as $10.35 A cabin has
been erected on the property and active
work will soon begin in it's develop
ment, as it is believed that with greater
depth the metallic values will increase
The Herald is informed by Mr.. John
Beck that a 400-t ton lot of ore is being
loaded at the mine as rapidly as pos
sible, and that in the future the ship
ments will be regular as we'll as quite
heavy. From telephone advices re-
ceived from Eureka yesterday it was
learned that on account of the storm
of the previous day the railroads were
| blocked so that it was next to impos-
Sfble to get empty cars to the mine
-Four cars of ore received from the
BulliOn-B yesterday sold on assays
showing over 49 ounces silver to the
ton, u per cent lead and about 81 in
gold, and it is STATED that in the mine
! fine body of mineral is just being
broken into which should insure ship
ments for long time to come.
a special from Grand Encampment,
1 Wyo., says: Zone of the most impor-
tant strikes in the Grand Encampment
district was made today in the Kurtz
& Chatterton tunnel. This claim was
located II years ago, but, very little
work has been done until the last three
years, and the owners have run tun-
mel 1,200 feet. They cut two blind
leads, but did not get ore in paying
/ quantity until they struck the main
i vein today. The ore is rich in both
/ gold and silver. In roasting this rock
/ gold and silver We're very plain to the
naked eye. Mr.. Kurtz has shown won
derful nerve in sticking to this claim.
1t has cost him thousands of dollars
and lots of hard work. The claim is
only a short distance from the town.
Arrangements are made to build a
wagon road from the mine, as Mr..
Kurtz will ship his ore to the smelter
| at once"