The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-08-10
He HAS STRUCK It RICH
j. b. Conrad Has Good Thing at
Park City.
RIVALS THE OLD ONTARIO
The Vein Has Been Crosscut for II Feet
Without Striking Either Wall-It
Is Right in the Line of
Forecasts.

]. H. Conrad, one Of Montana's best
known mining men, has struck it rich
in Utah. Mr.. Conrad has been remark
ably successful in his mining ventures
during the last few years. He sold his
coal mining interests at Horn less than
a year ago for nearly $1,000, 900 in cold
cash and has been more than measur-
ably successful in other deals, but ac-
cording to all reports the successes he
has met with do not even approximate
in Importance the strike he made last
Monday in the old silver camp of Park
City, when he uncovered ore which has
since assayed 745 ounces in silver. SO
ounces lead and S1.S6 in gold. Mr.. Con-
rad, who was in the city yesterday said
to a Standard reporter that he had
every confidence the new property
ductveness of the old Ontario, which
has paid $14000,00o in dividends. Mr.
Conrad's many friends will hear of his
good fortune with pleasure.
Mr.. Conrad, who has for several years
been delving for the precious metals in
the Mercur and other Utah mineral
fields, went to Park City last fall and
Massachusetts, a claim comprising all
the ground lying between the famous
Ontario and Silver King mining claims.
He bought the property in October of
last year and since that time has spent
a vast amount of money in develop
ment work. He sunk 900 feet without
material results and some time ago
commenced drifting from the 300 He
ran the drift 1000 feet to the west and
last Sunday night a shot uncovered the
ore. The work of cross cutting the vein
was at once begun and by o'clock
Monday afternoon the cross-cut was in
six feet and sides, top and bottom We're
all in ore. Assays showed 125 ounces of
silver, sos per cent lead and $3.50 in
gold.
When Mr.. Conrad left Salt Lake
Tuesday evening to come to Butte on a
business visit his advices from Man
ager Curtis were that the vein had been
cross-cut for II feet without striking
either wall. He accordingly does not
know as yet the full extent of the vein.
The last assays reported to him, Mr..
Conrad states, went 745 ounces of sill
YER So per cent lead and $1.S5 in gold
BY Mr.. Conrad's direction, force of
men has been put to work in the drift
off the GOO. which is already in $50 feet
and according to the dip of the vein the
ore chute should be cut within $50 feet
more. When this is accomplished Mr.
Conrad will have a pretty good idea OF
the value of his property. OF the new
find the Salt Lake Tribune's mining
writer has this to say:
Locally, the effect of the strike il
the Massachusetts, was electrfying, al
1t was right in line with forecasts il
which many of the Park City contin
gent had been for some time indulging
While it was being discussed, not a few
were undertaking to loosen up a blocl
of the stock, all of which is confined t.
Colonel Conrad's big iron box, ant
while bid of $3.50 a share was posted
not a share of 1t was budged. TIL
strike has excited intense interest il
mining circles. as it must have grea
bearing, say the oracles, one and all
on the future of the old camp"