The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-12-27
UTAH APEx'S BIG PROPERTY

| Among the important properties.
/ with an assuring future, in Bingham,
which is noted for the magnitude of its
mining ventures. is that of the Titan
Apex Mining company. This is a close
! corporation. with its chief stockholders
/ residing in Boston and other New
England cities. Tt was organized late
/ in 1902 and is capitalized at s., 100000
\ E r. Hastings and J. w Horne, both
! of Boston, are president and treasurer
/ respectively. W. c. Orem of Salt Lake
/ is local manager.
! The holdings Of this company in
clude the York, the Copperfeld, the
PetrO, the Eda, the Minnie and the
/ Highland Boy Consolidated groups, to-
! gether forming contiguous tract, with
/ q combined area of 10 acres. This
J ground lies in the recognized mineral
! belt Of the camp and Joins the hold
/ ings Of the Utah Consolidated and
/ Yampa mines and possesses every in
/ dication that it VIII, with a proper
/ amount Of work, under jUdiciOus direc-
| ton, in a short time equal in richness
/ and tonnage these ilustriOus neigh
\ bors
From the upper and older workings
/ in these properties. before they were
/ combined by the present management,
/ fully a half million dollars were taken.
]
! and copper. Some of the gold ore was
J phenomenally rich and shipments We're
| made that yielded as high as $500 TO
( the ton in gold. These unusual values
4 however, We're limited in extent and
/ occurred near the surface. conditions
/ that have always characterized the
/ camp. On this account ii has been an
/ inviting field for leasers whose work,
while fl resulted in a profit. contrib
uted for a long time toward holding
the camp back by keeping out men OF
/ means. who came afterwards and in
Iaugurated more extensive work in sue
Icessfully seeking the lower grade, but
! larger and surer tonnage. mostly cop
per sulphides, which have been found
so uniformly and surely at greater
Rich Veins Opened.
The formation Of this country in
cludes bedded veins Of lime, which
have been replaced by the ore, the
richest being found nearer where the
lime is cut by assures. On the Apex
grounds three Of these strata, one
above the other, have been opened up
I sufficiently to prove the extent and
certainty of the ore. Running
/ through this territory are six of the
cross assures, two of which are iden-
teal with those found in the Utah
/ Consolidated and Yampa ground and
I which have responded so well where
they have been worked The lower bed
of ore has been reached in the Apex
[ property at one place only and that is
by cross cut from the lower tunnel
in the Yampa ground. Here the ore
has been followed a distance Of sixty
feet in the Andy claim The body
here is identical with that in the Yampa
which averages in thickness from
eight to forty feet Two hundred feet
above this bed is the Parnell vein, on
which most of the work has been done,
4 which varies in thickness from one 10
twenty feet and averages a little bet
ter than four feet About half OF this
body is a heavy copper sulphide, car
frying an excess of iron over silica
while the balance is a silicious concen-
trate with similar values From the
4 upper WORKINGS some remarkable ship
ments were made, which carried from
SIS to $50 to the ton in gold and from
20 to q. ounces in silver in addition TO
the copper values Of from 8 to 10 per
cent. which range is characteristic or
Bingham ores. Recently, from the
] FarneU vein, a number Of cars We're
shipped that carried SO to SD in gold
% to 26 ounces in silver and from 40
to SO per cent copper.
Much Ore in Sight.
| Development work has been prose
cuted along the strike of this vein
through series of levels which has
proved the ore TO be continuous for
} distance Of from 100 to 900 feet and
the end is not yet in sight. Conser-
vative estimates made by experts who
have examined this ground place the
ore now blocked out in the Parneu
workings at 100000 tons Above this
vein is the York contact. in which this
company has opened three distinct ore
chutes. one Of them extending 400 feet
along the strike, and averaging from
four to five feet. and from which ship
lments have been made that carried
from 4 20 10 per cent copper. with the
usual values in gold and silver. The
York grounds have held some of the
largest bodies Of lead ore ever found
in Bingham and on two levels in this
part Of the ground a heavy tonnage Of
galena is now in sight.
The plans Of this company contem-
plate the working Of the ground in a
systematic and energetic manner and
with this end in view the driving Of a
deeper tunnel is being projected for
the purpose OF opening the bodies at
! greater depth. and providing "a more
| economical outlet. 10 is the intention
| to continue development work and 10
block out a much heavier tonnage than
is now i'm sight before production TO
any considerable amount viii be at
tempted This being accomplished. a
cOncentrator or smelter, or both. may
be erected. but these actions viii be
governed entirely by the conditions
that are found TO exist at that time.
This property is within a few rods of
the Copper Belt railway, over which
economic transportation can be had,
while from the lower workings an
abundant supply OF water for operat-
ing the concentrator IS produced, should
( that move be tal-en.
The work Of securing this group. un-
der one management. Is the result OF
close observation and attention to busl-
ness, accompanied by aggressive and