The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-02-21

Mercur, Feb. 2O-The question, why
should Geyser-M Marion stock fall in
price?'' is one that puzzles many of
the mining men in Mercur. Some
months back the same parties were
wondering why Chloride Point stock
did not advance, seeing that the mine
was making such a great record. Per-
haps ignorance has something to do
with it, and stock manipulators a good
deal.
The supposition that the ore was
nearly all worked out of the Geyser
has perhaps reached some of the stock
holders who have never visited the
mine. and the closing down Of the old
Marion mill would give some color for
this idea, but a trip through the mine
would soon dispel any such ideas.
Some levels are being worked and,
although much ore has been taken out,
a large percentage of the work has
been in blocking out the ore bodies,
while there is a large scope of country
almost untouched.
In the mill tunnel, the vein seems to
be one of the strongest yet found and
viii exceed any above it in size and
value, while there is no reason to sup
pose it does not continue throughout
the property, but good reasons for
thinking that it is continuous.
As to what is below is at present IN
known, but recent discoveries lead to
the ASSUMPTION that there are lower
strata bearing gold values.
All the ore from the mine will be
taken through the mill tunnel as soon
as connections are made, which will be
in a few days now. and a great saving
win be made in the working of the
ores. The proposed Improvements in
the mill will greatly increase its ca
pacity, and the laying off of the Ma
rion mill will lessen the expenses of
the company without lessening the out
put
J. S. Free, who until recently was at
work on the Dayton shaft, is now in
charge of the California group, near
the mouth of ODhir canyon, on which
1000 feet of work win be done this
year. The group is an extensive one,
and gives promise of being a valuable
property.
on the Cold Harbor group near the
Edna May. shaft is being sunk, which
has now reached a depth of $50 feet
and the work on the Romney shaft,
south of Lewiston canyon, still con-
tinues.
At the La Cigale, work in sinking
the main incline and running drifts
therefrom continues, the incline having
the vein increasing with depth.
Preparations for work on most of the
properties on Lion hill are being made,
and the opening of spring will witness
more activity in that region than II
has even seen before.
The Chloride Point company is al
most ready to start its mill. and the
wire will be extended from Mercur to
Lion hill as soon as possible to furnish
the racpcCa ~ rnOrpr mower
The Northern Light company is pre-
pairing the mine for 81 large output.
and waiting for milder weather to start
the mill off at its full capacity.
The Wachusett viii soon commence
operations. and the Hercules is max
ing an extra effort to get into the rich
veins with which Lion hill is blessed.
The new Columbia company owns
very valuable ground, both in regard to
location, being between the Chloride
Point and the Northern Light, and also
as regards the rich mineral found On
the property last fall.
The reported strike in the Old Fred
is confirmed by the workings in the
property. The work on the vein is be-
ing pushed ahead, and there is now a
large body of ore exposed which runs
from SO ND. As work proceeds. the
prospects are growing brighter. and
the owners propose to keep on devel-
oping the property indefinitely.
Work on the Overland was COM
menced last week, and a new drift is
being run. A good, strong vein has
been encountered that shows up excel
lent values. said to run 81 per ton. A
force of eight men is at work on the
drift. and a good showing is being
made.
superintendent McFarlane of the
Wonder continues the work of drifting
towards a point where the vein is sup
posed TO be. The work is being done
On the 600-foot level, which was started
some months ago, and the drift has
now reached a point 800 feet from the
shaft