The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-01-28

Utah has gained considerable fame at
home and abroad of late years, as be
ine the possessor of several prominent
and promising gold mining camps, some
Of which have fallen into line as heavy
producers of the yellow metal, and as
development work progresses in the
opening up of the new acquisitions TO
the list, it is becoming more and more
evident that the state will not follow,
but that it will eventually lead the van
in the west as a producer OF the metal
tic wealth on which Wall street would
base the circulating medium of the
United States.
il would be difficult TO make COM
parison Of the merits Of the different
gold camps of Utah, as some OF these
have the advantage of more extensive
development than others. but ii is sale
TO say that among the new districts
none gives brighter promise for the fu-
ture than Newton district, IN Beaver
county, the home of the Indian Creek
mines. owned by the Indian Creek Min
ing company, of this city.
From time to time The Herald mas
made mention of these Indian creek
properties, which, with careful and IN
telligent development, are making a
showing such as TO give the impression
that the stockholders Of the company
will soon be wearing diamonds, or
sporting big bank accounts. and recent
advices from this promising gold camp
seem to confirm such an opinion as 10
the value Of these properties, as 1t IS
the pure stuff that counts, and of
this the men at the mine are daily
Saclxing a goodly amount, which VIII
soon find its way to the market in TINS
city.
A day or two ago. Newt Learned the
well known mining man, returned from
q visit of inspection of the mines OF the
Indian Creek Mining company, bring
ing with him some beautiful specimens
Of gold ore from this property, the min
eraI being of high grade, and sparkling
with the yellow metal.
While MI Learned has not submitted
his report TO the company. he states
that he is highly impressed with the
mines inspected by him, and as proof
of their worth, refers TO the assays
made of the mineral brought in by him,
and which he himself took from the
shaft in the Golden Fleece ground,
embraced in the holdings of the Indian
Creek company.
These samples represent an average
of 4 foot of ore in a three and half
foot vein, exposed in The bottom of the
110-foot shaft, the assays from which
are as follows:
No. 1.-S142 gold, and ia ounces sill
yer
No. 2.-S132 gold, and 2O2 ounces sill
yer.
No. 81. o22 gold. and $50 ounces sill
No. SEQ gold. and lis ounces sill
YER
p From this three and half-foot body
of mineral. the company already has
100 sacks on the dump, which viii aver
age over 500 in gold and silver to the
ton, While the whole ledge will run from
$50 to SIS IN the precious metals, and
the force of five men employed are
daily adding TO the lot, so that it will
not be long before quite a heavy ship
ment Of this high grade rock viii find
its way 10 the Salt Lake SAMPLERS.
The company has started a cross-cut
from the bottom of the shaft, with the
intention of determining the extent of
the ledge, which is only partially eX-
posed as yet, and the indications are
that when fully uncovered, it will prove
TO be both large and rich. judging from
present conditions.
Everything at the mine is in excellent
shape, as comfortable dwellings and
necessary buildings have been erected,
and as an assayer is employed at the
mine. there is no chance of an error
being made as to the value of the ore
being extracted.
The officers and directors of the COM
pany il this city. among the number
being Simon Bamberger, S. Eiseman
and John Beck are highly elated over
recent developments in the property
and the splendid showing made, and
they are fully satisfied that with con-
timed development the Indian creek
mine VIE rank at an early day as a
regular dividend payer.
Newton district, today, offers tempt
ing opportunities for the prospector
and investor The naturalization in this
camp is magnificent; the lodges are
strong, with every indication of per-
manency and continuity, while with
depth the ore is free milling: and as
the camp is well timoered as well as
watered, and easily accessible. there is
reason 10 believe that during the COM
ing season it VIII receive the attention
it so richly deserves.