The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-30

y YANIDE AND MERCUR have al
most become Synonymous terms
in the mining world. In no other
camp in the land Is the cyanide proc
ess used so generally or so successfully
in the extraction of gold from refraC-
tory ores. In addition to a number of
small plants, Mercur boasts the pos
session of the largest cyanide plant
ever erected. n is the great Golden
GATE mill. erected by aDtain J. r. De
Lamar for his Golden Gate mines and
now used by the Consolidated Mercur
since tie consolidation of John Dern's
Mercur with the Golden Gate.
As AIercur is the only purely gold
camp in Utah, its Development Is Of
particular interest. When the FRS
Eold-bearing ore was discovered IN the
great hills THAT flank the town It was
ot "a most pulling character sam
pies ave assays showing gold values,
but when attempts were made to eX-
tyacu the precious metal they were un-
aEailing Tor d long time. Then the
cyanide process was developed, INC
slnCe then the mines of MeTcur have
contributed with uHtailins regularity
10 the yellow wealth OF the world
lieGcur has Clen cried down prob
aDlE as much or more than any other
camp-ia the state, Experts nave said
that the veins would soon pinch out
1ha, there was nothing i'm their ChaTaC-
ter or In the general formation of the
country that would JUSTIFY the erection
OF expensive treatment plants. Still
the men who had faith in their proper
ties have Feut steadily al work Now
even the DlDst chronic cTgaker Is con-
WINGED that the half of AIercur's glory
has never been told.
Hundreds upon hundreds of thou
sands of high and low grade ore are
nov blocked and stopped out in the
Hines OF Nercur. Gradually il Is being
separated from ltS resting place in the
hoW els OF the rugged mountains. II Is
finding las way through the roasters
and CECsheTs. through the cyanide
tanks and yielding It's wealth TO I'LL
Tie Golfers of those who own it.. The
scoUers are EiIeuued- MercJr VIII be
on the mining map after many another
camp has ceased TO exist except in the
memories of men.
BIC CONSOLIDATION.
Ihe biggest thing la the history oI
Aercur curing the year now nearly
1rcus and Golden Gate properties.
81 deal was accomplished IN Europe
by John 8eru ana Captain DE Lamar
IL the early summer Ile combine mas
HAD Jha pest possible results, from "a
practical standpoint FOR both mines
one million shares make up The total
o. stock III the consolidation OF this,
Oue-thjTd went to IL MerCur stock
holders AEH E1LtItE DElu8 neI4 BA
CAPTAIN dc Lamar,
The old Mereur company had only
2U1,00G shares OF stock. so when the
new arrangement was completed each
StJckholdeT was given n and two
thirds shares in the new company fOr
every one of the old. The value OF the
stock on The market has been en-
HANGED rather than decreased Today
The cJusoiidated stock is selling at
about $3.50. MeTcuy ~fOTEGcrly sold at
$5-Z5, but the difference in The amount
OF the holdings of each Individual more
than makes up the apparent decrease
in the price.
Since the combine development work
has been pushed in both the Colder
Gate and the MeTCur. The result has
been the exposure of vast bodies Of
low grade and high grade ores that In
sure the successful operation OF the
big mill for years To come. The mill
is now running ON LWO-thirds MercuT
ore and One-third Golden Gate. From
the Mercur side alone bullion to the
amount OF over 100000 has been turned
ont during the last three months.
Superintendent George X. Edwards
has been directing FOR some time de-
vaEopment Of a big vein of base ore in
me Mercur. He has followed it for $50
feet on it's strike. This vein. Mr. Ed
wards believes. IS the mother vein of
the MerCuT camp. It's normal dlp IS Il
degrees. Explorations nave been MADE
along the vein TO q point Ia the old
Sff-er tunnel. bur its thickness has not
Vet been definitely ascertalned-
horizontal drift has been run at
one Do,ut in his great ore body a dis
lance of 10 feet, but the hanging wall
has not been found This, it is stated,
allowing for n pitcn of the vein.
would be equivalent to intersecting the
vein at right angles for forty or fifty
feet. While all this is base ore, or ore
that the former Mercur management
did not care to tackle. it VIII be taken
out now and worked at a profit, be
cause OF the much mOre economical
Methods of treatment which nave been
fnaugurated. Before the consolidation
the Nereur mil could not treat this
NV grade ore q all because 1t was not
equipped for such work
NEW TRAMWAY.
Among the improvements made nee