The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1906-10-18
MINES AND MINING

at the Blue jay mine, in the BuHal0
Hump section of Idaho.
consignment of ore from the
Creole on the Salt Lake market last
week carried about 40 per cent lead
and sixteen ounces silver per ton.
Pringle Smith. one of the pioneer
miners of the Thunder Mountain dis!
trict. and the discoverer and locator
of the copper camp on Big Creek, has
gone to Nevada. where he will pros
pect for the winter.
Five of the ten roasting furnaces at
the Consolidated Mercur mines, at
Mercur Utah, are in commission. and
as the coal situation Is being relieved.
1t is hoped to have all the furnaces In
full blast In short time.
The California mine on Nine Mile,
| two miles from Wallace, has struck II
rich in the No. level and thus prac-
tically demonstrated that there Is no
such thing as failure among the
mines In the Occur dAlenes.
Lee Bunch has taken working
bond on the Gold Bug group of claims
in the Hay Fork section, which is on
More creek, twelve miles from Idaho
City, Idaho. The bond is to run two
years, the price of the property being
fixed at $250,000.
There Is limitless money in New
York and other great financial centers
for Investment in any mining enter.
prise that bears the stamp of legiti
macy. and it is no longer necessary to
have developed mine in order to
secure the coin.
The recent developments upon the
properties of the Chicago Nevada
company have demonstrated in no I'M
certain manner that the organizers
of this company have discovered one
of the big finds of the year in the
state Of Nevada
A new strike is reported from the
Stewart mine in Deer Creek, Ameri-
can Fork canyon. A nice ledge OF
galena with a vein of chloride ore, Is
reported to have been uncovered right
at the grass roots. Assays show IL
to be Worth about SIPS per ton.
A deal has just been closed whereby
Senator Macbeth of Mackay, and his
Salt Lake associates, become the own.
ers of seven choice claims practically
surrounding the now famous Sunbeam
mine in the Yankee Fork district near
Custer, Idaho, the price paid being
$4,000.
The annual report of the Greene
, Consolidated Copper company, submit
ted at the meeting held In New York
} last week, for the year ended July 81.
shows net profits of s3967,S18, com.
pared with $2,sO5,3s6 in 1905. The
surplus for the year is $1,785,418, an
increase of $621,6 32 over the previous
year.
Good news continues from the oper-
atoms of the Nevada Fairview COM
pany at Fairview, Nevada. This com.
, pany is doing some most earnest work
upon its possessions. and the latest re-
( port was to the effect that in the shaft
D the management had encountered ore
5 that ran as high as 1912 silver and s1S
gold.
Almost pure graphite has been dis!
t covered in the Silver Queen group at
. Sheep Mountain, in Idaho. II it Is
: graphite of quality which It is be-
: lieved to be. 1t Is worth about IA cents
; pound, or $3.50 ton. AS there is
apparently vast body of 1t. the own.
, ers feel pretty good over the dis!
n covery.
: Rich rock is being hoisted every
s minute of the day, and every day OF
u the week, from six shafts on the Mo-
. hawk, at Goldfield, Nevada, just as
: fast as lessees, who have now but a
!. limited time, can get 1t out, and the
,. company, with 100000 in the treas
'. ury, is drawing royalties at the rate
5. of $4,000 day.
Z Telegraph orders have been re-
:. manager of the Florence oldfeld
v mine, to start work on the company g
IS mill. Lockhart is now in Denver,
n where he has been conducting tests
e on ore from the mine, but it is ex-
pected he will return and give the
work his personal attention. The mill
+ will have capacity of eighty tons a
- day.
Il A. F. McCune, the prominent Salt
81 Laker operating in South American
nc mining fields, is back home from
N South America Mr.. McCune and as
y sociates have spent many millions in
- developing the Cerro dPasco mines
q and in adding complete smelling and
Is railroad facilities. This mine is ex