The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-07-24
BINGHAM WEALTH
NOT ALL KNOWN
Ground of Great Value Yet IN
explored.
RECORD OF BIG COMPANIES
POSSIBILITIES STILL OPEN TO
CAPITAL AND NERVE.
RECORD OF BIG COMPANIES

|. The great wealth uncovered in Bing-
ham III recent years has attracted the
attention of investors in many parts of
the world TO that camp. And the con-
tinUous fusinade of questions concern
ing the district leads the Bulletin to
say:
Before the Highland Boy group now
Utah ConsOlidated) had gone down
upon the fabulous ore bodies that have
made II great, the Bulletin was asked.
Are there any good things left in
Bingham The ouerist OF that time
wanted 10 know If there was any good
INDICATED ground Since then the Ques-
ton, or substance of it, has been asked
every year, though latterly the infer-
nation wanted is as to whether there
are any promising groups OF claims that
the Dig companies have not gobbled
Following the Highland Boy came the
Bingham Consolidated, the Boston Con-
solldateds the Tampa, the Ohio Copper
and the Utah-the latter IS one of the
greatest copper mines in the world
Ihese properties are 3 in evidence that
the Bulletins letter writer was right
IN invariably answering that the great
mines Of Bingham would be multiplied,
II the greatest were not yet to come
Bingham & New Haven.
Within the present year the same old
query has several times been made
For a general answer information seek
ers are referred to the Bingham & New
Haven property, lying south of the
Highland Boy. A year ago it was a
number of ungrouped claims, just
passed 10 the control of an eastern
syndicate that was driving a tunnel to
see what could be found under ground
tnat had formerly produced good ore
near surface The ground is now
grouped and owned by a powerful COM
pany, and last Monday the company. en-
tered into a contract to deliver during
the next five years 100 tons of ore daily
10 the American Smelling & Refining
company's smelter. And it is less than
i've months ago since the first strike
was made. The Bingham & New Haven
ground was "hoodooed. % Some of 1t
had for thirty years been worked in
small way, by small companies that
went broke and gave even the locality
II IS in very bad name Its sterile
prospect may be said to have been a
reminder of a goose pasture.
Story Not All Told.
Whether ali the good things of BinE-
ham are gone cannot be told with GER
tainty. while it is yet beyond the faeuI-
ties OF the expert to peer into unopened
ground But it is fact that there are
many hundreds of acres of still ground
In Bingham district much that former
y produced fine carbonate top ore. and
much that has been "hoodcoed'' by re-
Peated attempts to open up million
dollar mines with a few hundred dol
lars capital-attempts that almost in
eyitably fail, in whatever mining dis
trict they are made.
fe
least a doven groups Of claims. of four
to twelve locations, each covering fifty
TO 200 acres, and some that ad5oin big
mines, that are certain as UndeveIoped
ground can be 10 sooner or later devel-
''hoodooed"-in lime
and quartzite formation. with a good
vein partly opened that shows q streak
Of pay milling ore seven feet in width.
At present the owner cannot give it
away. It viii ultimately pass into the
hands Of men who have the means and
nerve TO handle it as the Bingham &
New Haven has been handled. and then
Bingham viii probably have another
added TO its big ones This property
butts up against the great Old Teie-
graph mine
Ground Worth Looking Into.
This district has a property. rarely
mentioned, in which is a vein 125 feet
wide, all in low grade ore. It is not
for sale, and belongs TO gentleman
who is gradually developing it and will
hold it until something Of real value
is established.
A group of claims not far south OF
the Highland Boy. and on the trend of
its big vein, has produced ore that as
saved 5000 ounces Of silver to the ton.
II also is in quartzite and lime Some
day its tunnels. that are the result of
mere development work, viii have been
pushed ahead as the openings of its
next door neighbor-the Bingham &,
New Haven-have been, and possibly
with as good results.
At the head of Markham Eulch are
hundreds of ecres Of claims alive with
mineral and most favOTably situated
for deep tunneiing. They VIII in time
be consolidated in capital. and there is
no telling but that the head of Mark
ham IS destined to rival the best with
its product It IS possible to group at