The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-03-29
MINES AND MINING

ly quantity OF ore.
During the week past a total Of 23O..
sos shares Of stock. with a selling
value Of S2O6.G5l55. changed hands
on the Salt Lake mining stock OK.
change.
AZ the Boulder group of claims near
Idaho city Idaho. force of twenty
mon has been nt work since last July.
,ut this number will bo Increased to
atty the coming season
what is believed TO be- au entirely
now vein haa Iu.t been opened Ia tho
properties of the Mason valley Mines
company lt Yor.ugton. assays showing
lhc ore to run ms per cont copper.
Arrangements are about completed
Tor the adjustment OF the Raven Min.
lNg company's affairs Directors havo
voted to ASK for authority 10 increase
the capital from 5oooOo 10 100000
shares ot 81 each.
Machinery for a drcdgc at Jack Rab-
bin Springs. Wyo. will De- Installed az
soon as tho weather will permit on the
placer ground. which is 125 acres In
cNtcut and OF an average thickness Of
i've fsct The sand runs 50 cents a
yard In gold
Dennis Ryan. one Of the four own.
ers OF the Horn silver mine at Frisco.
Beaver county. who cleaned mp a for
tune In the ground In the early days
and then sold tho property for $1,000.
600. Is out from ST. Paul looking after
interests which he sull retains In this
section.
The recent copper discoveries east
Of Monroe, Utah. In what Is known
az Main canyon, is causing a lot OF
talk among mining men. Some very
rich ore has been taken out and ne
present the indication are quite favor
able. The locators are making an Of
fort to begin the development OF some
OF the properties.
The raise at the Ely Witch has been
completed and will hereafter be used
az the main working shaft OF the mine.
The raise ~ from the Witch tunnel
and the distance from the tunnel 60
the surface IL 2G0 feet a well IL
being driven by the churn drill m
front Of the mine boarding house TO
supply the miners with wnter.
Considerable Interest IL being mani
tested In and around Koosharem,
Wayne county. Utah. over the dlacoy'
cry OF some very rich ore which had
been exposed In the roots OF trees
pulled up for wood. This is the third
time that good ore has been found IN.
/ this manner. and this time an invoat-
cation In being made.
The Pittsburg silver Peak consoil-
dated has force OF $50 men at work
on the new 1OO-etamp mill NJ silver
Peak. New. Nearly all OF the maehln-
cry is ON the ground. and Il IL calcu'
lated that the mill will be In commits
sion By midsummer. A large force OF
miners rs employed In the mine, block
INK out ore.
For forty.nve tons Of ore from ita
Idaho properties the wolmor Mining
company last week pulled down a
check from the smelling company for
s2.7ii.67. Tho control assays gave
tho copper contents OF the rock at
| 1914 per cent This IL the twelfth
carload shipped since last November.
when the initial lot hit the market.
The governing Board OF the salt
Lake mining exchange has posted an
important notice. In effect. II is that
any broker found cutting commissions.
or accepting any commission aside
from the amount fixed by exchange
rules. will be fined 500 and suspended
for ninety days for the first offense;
for the second offense, he Will be fined
5000 and suspended for six months;
| and for tho third offense he will Do
excluded from the exchange without
the privilege Of reelection.
Owners Of the kindergarten claims
In the Seven Troughs district, Nevada,
report the performances Of the mines
as being sensational, hlghgrade gold
ores being the characteristics, and the
high grade values running up as high
as $500 per ton.
Recent developments In tho Aura
King mine. east OF Tusoarora, New.
have disclosed vein about four feet
wide, carrying gold values all through.
but most important is a twenty'inch
streak OF high grade stun. carrying
$3.50 In gold per ton.
Among the latest enterprises OF tho
busting young camp OF Wonder. Ne
vada, is the organization OF move
ment among the stock brokers to hold
informal meetings daily at each others
Offices and. when the time ia ripe,
open a stock exchange.
while waiting for the gasoline hoist
and other equipment to arrive upon
the Beaver county property OF the
Utah and New York Copper company,
the management Is doing some inyes'
tigatlng upon the lower levels OF the
property, where work was done some