The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-12-31

THE AJAX.
Under the able management of
Thomas Weir, who is also vice presi-
dent of the company. the Ajax, which
adjoins the Mammoth, has experienced
a year of good, systematic develop
ment during the prosecution of which
something over LOO tons of ore have
been extracted and marketed The
shaft on the property has attained
depth of 700 feet and a large area of
new territory has been explored. The
shaft has been equipped during the
year with a new 10x10 hosting engine
and everything is in apple pie order
for an active campaign during 1900.
The metallic contents of the ores
shipped during the past season and
the general average of the ore bodies
being developed in the mine run Is per
cent copper, ounces silver and "a. 80
to be entitled to the distinction of be-
ing classed among the copper mines of
the state.
The company is a very strong one,
and Samuel Newhouse is its president
No splurge is being made over the
showing which the mine contains, but
it is believed to be one of the coming
big producers of the district.
GOLD TREASURE M. & M. co.
The Gold Treasure company, whose
holdings comprise group of six claims
embracing an area OF 10 acres, lie
about half mile due east of the Md
night Bowers group and possibly mile
north of the Joe Bowers. There is
much ground for the advancement of
theories and speculation concerning the
probability and possibility of the ex-
istence of well known lodges in the
Gold Treasure territory.
The result of the years work gives
the company a well constructed and
finely tfmbered vertical shaft 120 feet
deep, with other prospect holes on the
premises. No vein matter has ever
been obtained from the ledge proper at
its present depth. but assays made from
iron ore extracted from the vein have
yielded most encouraging results, es-
pecially in iron and gold. Country con-
tiguouS TO the Gold Treasure will claim
much attention this year. The writer
is informed that a contract to build
new shaft house has been let and
hoisting plant and pump purchased.
The officers of the company are Cles-
son S. Kinney, president; J. L. Thomp-
son, vice president; James E. Jennings,
secretary and treasurer, who, with
John Sharp, w. H. Dale, H G. Nc
Millen and Thomas H. Allen, make the
directory.
EUREKA-SWANSEA EXTENSION.
Two of the claims of this company,
the Belcher and Lucky Jack, or
"Lookey Jack" as il was located and
recorded. practically join the Centen-
niai-Eureka and Bullion-Beck, proper
ties on the north, and some years ago
formed the basis of what was known
as the Herkimer company. Sinking
was done on this ground until the main
shaft had reached depth of 500 feet,
and as the company exhausted their
working capital, development work was
suspended. The new company, the Eu-
reka-Swansea Extension. acquired the
Befcher and Lookey Jack, and together
with seven other claims, embracing 14O
acres in all, control q large and gener
ally regarded valuable mining area.
The extent of the new work chiefly
consists Of a perpendicular shaft 355
feet deep. There have been occasional
particles of mineralized matter dis
closed in sinking. The Eureka-Swansea
Extension is veritable unknown
quantity. Started in the lime, with
depth it undeniably would penetrate
the great quartzite dyke on the west,
but at the point of contact-where the
lime and the quartzite converge-is
where the metallic vein or ore chute is
believed to exist. The EurekaSwan-
sea Extension company has two excel
lent chances of encountering ore zones
one from the Swansea vein, the other
from the Eagle & Blue Bell crossing
the Centennial-Eureka ground running
southwest. Unless some volcanic or
eruptive forces have disturbed or en-
tirely DETECTED the course of the Swan
sea ledge, and there are no visible evil
dences of such agencies, it must ira
verse the company's ground some
where. The officers of the company
are spending their money like princes
and are justly entitled to be richly re-
warded.
MoLLIE GIBSON.
The Mollie Gibson Mining company.
which owns a group of three claims,
consisting of the Mollie Gibson No. 2
and the Mollie Gibson No. 3, is located
between the Alaska ground and prac-
tically adjoins the Tesora on the south
west. Some time late in the summer,
DEVELOPMENT work was abandoned on
the property after shaft had been
sunk to a depth of 100 feet and eighty
five feet of drifting had been done. 1t
is believed that work will be started
again as quickly as the patent, which
has been applied for, is granted The |
officers Of the company are R. G.
Wilson, president; W. =. Ryan, vice |
president, who. with John w. Burton, !
Theodore Myer and H. Barnett, form !
the board of directors. 1t is fair to as
sumo that the newly acquired property |
of the company's nefghbors will prove
an incentive for the Mollie Gibson folks !
to do some sinking and searching. |
Their ledge, which is large enough and |
freely mineralized, is believed to prom |
Use a copper proposition.
ALASKA MINING COMPANY.
The Alaska is one of the rejuvenated /
has beens," and like many in the /
southern portion of the district bids /
fair to warrant all the expense and !
work the new company has gone to in /
the old workings. The COM
pany owns four claims, embracing |
three acres. which are the Alas |
ka, East Alaska, Storm and Storm No. |
2. The property was originally located !
nearly thirty years ago, and was known |
then and subsequently as the Ruby |
mine. For number of years the own |
ers marketed a very nice grade of lead |
and silver ores. but as they approached |
the sulphides the assumption was that /
the ore bodies, or the profitable ones, |
had been exhausted The old vertical /
shaft, which. had reached a depth of /
20 feet, has been partially retimbered |
and the drifts run of of the level both /
ways have reached an aggregate meas
urement of more than 400 feet So far
as the equipment and plant is con-
the company is amply provided
with everything necessary in the way
Of sSeam hoist, pump and excellent
surface improvements, including shaft
house, boarding and bunk houses and !
office. During the month of October,
n the north drift, under the manage
nent of Morris R. Hunt, quite good |
sized ore chute was encountered which
mas developed into fine piece Of stop