Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-22
.DALY-JUDGE
ISSUES REPORT.
President ]. ! Daly Details Work
Done and Condition of
Mine
THE OVERDRAFT IS EXPUNCEO,
Experiments With Different Ores 10
Miae aud on Dumps Indicate Pro-
fits viii be Earned

The Daly-Judge has issued an annual
report to It's stockholders detailing tho
work OF the last year and describing
conditions IN the mine. The financial
report states that Sl742l2.74 has been
realized within that time from the place
Ing OF bonds and the sale Of ore while
on the first of the year the company's
oyerdraft had been reduced TO only ST.
5000 1t is also stated that since tho
formation OF the company the mine has
produced 14,4s5 Al pounds OF lead, 49,
$40 ounces Of silver, and l0lO ounces OF
gold Of an aggregate value Of Siii,l06'7o.
Concluding his report TO the share
holders, President John ]. DAILY says
Some idea OF the nature Of the
country passed through, and It's possible
productivenesss, may be gained from
the fact that In the work about 5000
tons of good concentrating ore, besides
some first class or shipping grade, has
been taken out of these drifts and
stored near our mill. The character of
the ore found has changed for the bet
ter from that left In the old workings,
from standpoint of concentrating as
we'll as smelling. 1t being practically
free from zinc and carrying a good per
cent OF lead silver gold and iron val
ues. such as to make II highly desir-
able ore 1t Is the intention of tho
management TO continue driving the
prospecting levels ahead for some time
yet. as they feel confident of finding one
or more of those large, rich shoots OF
ore such as are found in adjoining
mines.
"You will, no doubt recall from read
ing our previous reports, that we have
a large tonnage Of low grade silver, lead
and zinc ore blocked out In the mine,
ready to be taken out when II Is
thought advisable 20 do so; also several
thousand tons OF a product known as
zinc middlngs stored In dumps near
our mill. During the year we have had
many tests made, In different works, on
both the crude ore from the mine as
we'll as the zinc middlings from the
| dumps, on sample lots ranging from 100
| pounds to 500 tons, with the object In
| view OF finding out the best and most
economical method for their treatment
separation and saving OF the different
| metals they contain. Not all OF the
| parties engaged I'm making these tests
have concluded their Investigations, IA
| yet and some reports are still to come
From the tests made, reports already
received and offers made the manage
ment for the mines zinc product. here.
tofore considered of little value, It Is
perfectly safe to say that the day Is not
distant when we shall be able 10 make
these zinc ores a source Of substantial
revenue to the company.
THE work done has been principally
on the H. 200 and l,400 level and, brief.
ly speaking, is a follows; The drifts
have been run ahead into virgin ground
on the different levels with some cross.
cut work, for distance amounting ap'
proximately 10 $500 feet, and while this
work has not as yet opened into as
large ore bodies as we had expected
and still hope TO find ahead In this new
territory n has passed through manN
small shoots or bodies of ore, whct
may probably develop into the desired
bonanzas when the work of stopping OF
the ore is commenced Much of tht
country opened up has the appearance
Of being ore-bearing ground, such n.
usually makes ore bodies I'm the Parl
City district.
Some idea OF the nature Of the coun
try passed through and It's possible
productiveness, may be gained from tn
fact that in doing this work about 500
tons Of good concentrating ore, beslde
SUN hiS. Ni'as vi sHlpplHB sIdue' ma
been taken out Of these drifts ant
stored near our mill, The character O
the ore found has changed for the bet
ter from that left in the old workings
from a standpoint Of concentrating n
well as smelling Il being practically
free from zinc and carrying a good pc
cent OF lead. silver, gold and iron val
ues, such as 10 make II highly de-
sirable ore II Is the intention Of tn
management TO continue driving thes
prospecting levels ahead for some tim
yet, as IL feels confident Of finding on
or more Of those large, rich shoots o
ore such as are found In adjoininl
mines"