The Lehi banner. [volume] (Lehi, Utah) 1891-1917, 1906-11-15
MINES AND MINING

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next wild excitement in that state.
It is stated that the zlllig and John.
son properties in Stateiine district
Utah, have changed hands, but who
the purchasers are and the considera
ton are not known.
Negotiations are under way in Salt
Lake City through which a regular
auto line from Humboldt to the Rose
Bud mining district Is to be estab
liahed without delay.
The directors Of the Utah Mine
company met last week and posted
the usual dividend OF cents share,
and as they did last month. also or.
dored the payment Of cents as an
extra"
The producing mines OF the Occur
dAlenes will make a mineral yield
this year Of something like S2O,OOO,OO0
in gross value. and will probably pay
between 100000 and S6,OOO,OO0 in
dividends
All Of the large mining corporations
Of Butte at noon November 10 posted
notices at their properties that be
ginning November IS. the wages of all
underground men would be increased
from $3.50 to 1915 a day.
The frst ore shipment from the Bull
frog district over the new Las Vegas
q TonOpah railroad. recently com
pleted In the camp, has just been
made. II consisted of ~ tons of high
grade ore from the Tramp Consolidat
ed on Bonanza mountain.
A Utah copper district which is
bound TO be heard from as soon as the
main company operating there has
completed the improvements now be-
ing rushed, is the Copper Mountain
camp in the Lucin district, seven
miles southeast OF Tacoma station.
Upon the completion Of the branch
railroad from Caliente to Phoebe, an
undertaking now we'll under way,
there will be added to the shippers Of
ore to the Salt Lake market the Lin
den group of properties. recently pur-
chased by Tony Jacobson OF Salt Lake
City.
J. p. Olympus, the experienced min.
ing man and operator, returned last
week from ten days trip to Beaver
county. Utah where he reports having
occurred a group OF eighteen claims
In the Indian Peak range, about two
miles from Indian Peak. He says II
lie an enormously .mineralized sec
ton.
The snowstorm copper mine, three
miles east OF Mullan, Idaho. has made
fully a score Of people independently
rich within the past two years. When
the Greenough brothers became inter
ested in the property about three
years ago II was looked upon a. joke
and its shares we're changing hands
at from one to Ave cents.
The Revenue company, operating in
Beaver county. Utah, will soon send
out few carloads OF 5000 ore just to
make their statements concerning the
values which the ores contain good.
At the mouth OF the tunnel workings,
from which the rich shipments are TO
be made. there are now over thirty
tons Of ore sacked that samples Al
per cent lead, 1913 ounces silver and
$3.50 IN gold per ton.
The Occur d'Alene district of Idaho,
Ia best known as load-silver district
and In fact as such, II is without a
peer in the mining world. Its lead
ores are noted for their purity and
freedom from Objectionable sulphides,
its resources, however, are by no
means confined TO lead and silver, but
comprise an important variety OF ores
Including copper deposits that indicate
a resource OF the red metal equal OF
Importance with the lead.
One OF the most interesting pursuits
in America today is the search OF
platinum Heretofore its production
has been limited chiefly 20 Russia and
some South American countries. Rus
STA. furnishing IS per cent of the
worlds supply. but there are many in
dications that quantities of Il will be
mined in the United States in few
years at most Several American
Arms have sent out their own prospec
tors to search for II.
silver is going to reach a price Of
70 or better within two years, and II
Is going to hold that price said
George W. Roberts. director of the
United States mints, at Denver, In an
interview last week. Il believe that
hundreds OF silver mines throughout
the west which have been shut down
for more than ten years because OF the
fan In price will be opening up again
within a year, simply because the