Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1907-03-07


Brady.
The Round Mountain, Nevada,
stock exchange was formally opened
on the 9th, the event being fol-
lowed by a big banquet.
Two companies have been organ
lied at Springville, Utah, to oper-
ate mines in the Lee district in the
Bullfrog country Springville peo-
pie control both companies.
The Chicago Utah Copper Min
ing company of Salt Lake, which
owns claims in the Morgan mining
district, Morgan county, Utah, has
filed articles of incorporation.
Twenty -four hours each day are
devoted to the work of installing
the new machinery being received
by the Lower Mammoth Mining
company at Tintic.
Application for the appointment
of receiver for the st. Joe Mining
company, which owns claims in
the West Mountain district near
Bingham, was made in suit filed
j n the Salt Lake courts last week.
A few months ago D. S. LATTER
back of New York snapped AZ, 600
shares of Jumbo Extension, of Gold
field, New, for an equal number of
Atlanta shares, losing by present
reckonings about SIS, 600 on the
trade.
A correspondent writing from
Stateline says that one of the
richest strikes IN the history of
-Stateline or southern Utah has
just been made N the tunnel being
driven on the Liberty property by
John Erickson of Stateline.
No other state of the Union is
contributing more to the welfare
and sdvancement of Nevadas min
ing industry than Utah, and es-
Pecially in the camps containing
copper resources are Salt Lakers aC-
tive to most liberal extent,
A strike and a stampede of the
male population of Lovelock, Ne
-vada, 10 the hills at IL o'clock at
night may result in the founding of
a rich new mining district south
Troughs mining district.
The owners of the Myrtle mine
at Pearl, Idaho, are jubilant over
the rapid development of that prop
erty and the splendid showing of
values. At depth of S. feet values
were found to be $3.50 per ton in
a two-foot ledge, and the concen-
frafeS rim 500
The famous Ludwig mine is be-
ing under examination these days
by the experts of the prospective
purchasers. Walter Fitch of Sail
Lake, ]. r. Fin1ay, noted mining
geologist and expert of New York,
assisted by j. G. Gorree. This
property has been bonded for ST.,
900, 600 cash.
Professor Aughey, of the United
States geological survey, says: 81
expect a boom in the Lee-EchO,
Nevada, district during the coming
spring and summer, as the mines
will all be opened during that time,
and it is safe to say that there will
be even more rich strikes recorded
than there were at Rhyolite. -
A number of parties have out
fitted at Idaho Falls recently for
prospecting in the rich Creet
county. Not all are from Idaho
Falls, a number having come by
train and outfitted at Idaho Falls.
There are many more who are de-
laying until spring in order to lOOI
the ground over without the him
-drance of snow
Should anyone doubt the mineral
ization of the district of Stateline,
that ideal section that can be
claimed with equal right by bOtf
the states of Utah and Nevada, he
would be convinced in short Ordel
by gazing upon a small chunk ot
ore from the Big Fourteen property.
which plainly shows rich in golc
and silver.
The value of the recent ore strik Ike
in the Pot Wrestler mine of the
Dollarhide Mining company a
HALEY, Idaho, is shown by two as
says made last week. One of the
assays shows AIS ounces of silver
80 per cent of lead, and couple
of dollars of gold per ton: and the