The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-01-07
Mining Notes and Personals.

Mining Notes and Personals.
Richfield Advocate: Local sharehold
ers We're made happy last week by TIT
payment of $500 dividend by thi
Golden Star company, operating tn.
Blue Bird mine. This is the first divi
dend declared in Gold Mountain dis
trict.
Manager John Dern of the AIercul
and Geyser- Marion, who is in Fremont
Neb., writes that on account of bust
ness, he viii be unable to return homo
until the 18th inst, but this will not
interfere with the announcement of the
regular Mercur dividend for this
month.
The Pan American company of this
city is negotiating for the purchase Ct
two more big gold tailings dumps
down in Mexico, and if successful two
more cyanide plants viii be put in. J.
E. Beverage, the superintendent OF
J the company, is q way-up miliman, and
he is giving the company excellent sat
isfaction.
j. 3. Taylor Will go up to Alta this
morning, taking with him another lot
of supplies for the Outcast mine, in
which he is heavily interested. Mr..
Taylor will be accompanied by c. II.
Stockman of Silverton, Colo an old
friend, who has just sold a mine at
Silverton for $50, 600 cash, and who is
thinking of investing again in Alta
mines.
Lester Taylor the stock dealer and
mining man. left for the south last
night, with the intention of investigat-
ing the condition of affairs at the Big
Indian copper mine, in Big Indian dis
trict, in the LaSalle mountains, and if
the snow Is not too deep he will soon
return and pilot a party of Montana
mining men to the mine, who wish to
inspect this promising property.
Colonel Cass Hite has returned from
Clear Greek, where he has been since
the first of the year, making locations
of asphaltum lands, 800 acres of valu-
able ground being located in the names
OF himself, Judge ]. w. Burton, L. w.
Clark and Jack Lee. The group is To-
Gated within three and one-half miles
of the Clear Creek switch, and it is a
down-hill pull all the way, making the
location of the tract especially valu-
able.
special from Rawlins, Wyo., says:
Parties from Encampment tell of the
rush among claim-jumpers and those
DESTROYS of relocating their claims on
the first of the year. Early on the
morning of the 31st men were seen
leaving for the hills on snowshoes, and
An eye witness to the scene says that
there were a number of exciting snow
shoe races, and that the sight was one
long to be remembered.
AT the Overland, in Camp Floyd dis
trlct, a whim house is being put up
and the ladderways are being changed
preparatory to beginning active work
next Monday with a force of six men
in the continued development of this
ton of Mercur fame now has a large
interest. The Overland is the making
of winner, and it would not be at all
surprising to see a mill in operation on
the property before midsummer.
4. S. Anderson of Frisco, the efficient
assayer for the Horn Silver, writes
that he has made a visit of inspection
to the Copper Mountain mine, in Bea-
yer Lake district, and that the property
presents all the indications of opening
out into heavy producer, While the
large body of pay ore in. the bottom of
the shaft is gaining in size as develop
ment work progresses. Mr.. Anderson
concludes his letter by saying that the
mine will soon show enough ore to
supply smelter regularly.
Captain W. H. Smith, superintendent
of the Buckeye, is in the city from
Silver City The captain states that
the Buckeye is looking we'll, and that
sinking is being pushed in the shaft
on a nice body of mineral While an
upraise is being made on ore from the
400 level which, when sorted, will
carry values of 90 to so ounces silver,
10 to Is per cent lead and from to 10
per cent copper to the ton. The cap
tain has some mining business on the
string which necessitated a visit to
Salt Lake.
Messrs. Clayton and Whipple, who
are in from the New State mine. at the
mouth of Little Cottonwood, state that
the Wine near the mouth of the lower
tunnel is now down a depth of about
100 feet, and that at this depth two
Well-defined walls enclose a three-and-
vein of mineral and de-
matter which shows average
values of 4 per cent copper and Sc 80
in gold to the ton. The outlook is sure
ly encouraging, and the indications are
that with greater depth a solid body
Of high grade ore will be uncovered.
Encouraging reports continue to come
in from the Golden King mine, near
MOuntainhOme, Ida, and it IS reported
that the lumber for the new cyanide |
mill is now on the ground, and that |
the machinery will be in place early in |
the spring. The equipment will en-
brace crushing power and capacity of |
at least 500 tons daily, but at the start
the tankage will only be sufficient for
80 tons. The property, which Is large
y owned by Salt Lakers, shows i'm
mense reserves of a good grade of gold |
0re, and it is believed that the com |
Dany will reach a dividend-paying basis |
this year.