Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-03-28
BINGHAM MERGER
IS EXPLAINED
Letters Being Distributed Which
Furnish Full Information to
Those Interested.
DIRECTORS OUTLINE PLAN,
The CO utral anc' Standard Are to- Get
Together and Promise TO Make
big Producer

| All lutteiS pcIHS liaileN ~ SS'N-'
OF the Bingham Standard Extracts
from these follow
THE Bingham Central Mining conf
/, pany owns about 1870 acres of very de-
strable patented ground: has substan-
tihl equipment OF buildings and ma
| chineryi Approximately 5000 feet OF de-
! velopnrent work by which It's properties
are being opened up at depth TO de-
Veaop he ore bodies from which oonsid-
! cradle quantities OF ore We're extracted
at snatlOwer depths a number of years
ago. Some of these ore bodies have
! been penetrated and considerable GUAM
| ltEes of ore developed which WIZ be
bile for profitable extra elton whsn
more favorable transportation tacllitleS
are at hand
THE Bingham Standard Copper COM
pany owns about 12O acres of ground
adjoining the Bingham Central proper
ties on three sides. The patented ground
! belonging to the Standard company is
about equal In area to that OF the cen.
tral company, The Standard company
| has workings on It's various claims 70
| tAe aggregate extent of several thcus-
| and feet. Most OF these workings corr
| eIst of shallow tunnels driven several
/ years ago from which combined pro-
! ductlot1 of over $4,000 is estimated TO
[ have been realized.
PROPERTIES DESCRIBED.
"The properties OF these two compa-
| MES. when combined. II is believed, will
! make one of the greatest producing
| mines in Bingham camp. The mining
| property thus held Will consist OF one
| single group OF approximately DIV acres
bounded on the west by tha properties
| of the Bingham and New Haven Cop
! per and Gold Mining company, and the
| Utah Consolidated Mining companyj on
! tn enorth by the Boston Consolidated
! Mining company, and ON the east by fhe
| United States Mining company ana
/ Last Chance group, thus leaving only
the southerly end which Is not directly
i'm contact with developed and produc-
| ing mines The location of this terfi-
tory with respect to these surrounding
mines. the record OF production from
earlier Workings In both the Central and
Standard properties, and the develop.
ments recently made, Justify the Dealer
amounting practically 10 an assurance
that ore bodies Will be developed within
this territory equal to those In the ad.
Joining and more thoroughly developed
ground Of it's prominent neisnpors'
SURFACE EQUIPMENT.
'eThe Central company owns an cleo
| tricaIly operated air compressor OF u
. capacity sufficient for FIVE 70 seven ma
| chine drills; subs taniial buildings, office
/ and supeTintendent's residences; all aus
/ tunnels and workings are plped for am
/ In a substantial way with pipe OF am
\ ple size; its tunnels are laid Win heaNy
/ rail, il has complete equipment OF ar
/ receivers machine drills, ore cars ana
/ all the usual necessary appliances tor
/ proper mining, including two olack-
I smith shops with full equipm emit.
'-The Mountain Maid tunnel, belong
ing TO the Central company Is loea1e1
about 500 feet south from the JeH l1avis
tunnel 1t has a length OF about 9OV
feet i'm a westerly direction toward She
Julia S. Group, belonging 10 the Stand
ard company. Good values In ooih
lead and copper ores have been found
in these workings, though no cohsiusr-
able bodies have yet been developed
WORKINGS AND VALUES.
sThe whitley is the longest working
tunnel OF the Central company. u
starts on the Wide West No. claim
! and runs in southerly direction 2,oOQ
feet This tunnel is primarily 10 devel-
op at depth the assures showing ore
, bodies OF considerable size IN the linle
| OF the old workings of the Elephant and
/ Apex claims. These assures have been
! cut and considerable bodies OF silver
| lead ore, having a value OF 3ip 70 sou y
I TON nave Uttll tAttOhllsNaT~N' $50 -
| the Whitley has a vertical depth below
| the old workings on The Elephant claitli
| of bl9 feet These old workings vcrll-
ealy above the face OF the new tunnel,
are at least 100 feet below the surface
so that II may be said that tho face 81
| the Whitley Is over 600 feet below the
surface al The present time
''The jeff Davis tunnel belonging TO
the Central company. develops the Bon
ham claim OF that company. The
length of the tunnel proper IL 1000 feet,
with cross-cuts, drifts and raises from
the tunnel amounting to about 1850
feet This tunnel and is adjacent
workings have developed considerable
bodies OF low grade suIphde, cOpper
ores, similar 10 those characteristic rr
5he Bingham district, containing assay
values as high AS 8 per cent copper and
81 50 to 81 In gold and silver, and 40
percent excess Of iron The old BoH'
ham workings, LIS feet above the JEFF
Davis tunnel level, and which have
been connected With 1t by a raise, show
large bodies OF ore ike IN character to
those cut on the tunnel level. This old
Bonham workings are 100 feet or more
under the surface. SO that at this point,
we have q depth OF nearly 800 feet ON
these large bodies Of sulphide'"
ALL SUMMED UP
In summing up ihe matters connected
with the consolidation the letter says.
I'm attempting 10 arrive at "A fall
basis for consolidation II WAS decided
that the TWO properties could be con-
sldered equally, the greater develop
ment and more extensive equipment
VI the Central company balancing tn
greater acreage held by the STANDARD
company, Either of these prOpertie
WILL. without question, develop mucl
larger and more valuable ore bodies
1h0n these already known 10 exist. bu
10Th properties together can be devel
Oped and operated as economically a
either alone, and vii form one OF tn
largest and most valuable groups II
Bingham district.
From the point Of view OF tho Bling
ham standard Copper company. tn
consolidation Is especially desirable 10
the following rcasonsi
-It affords ample funds for develop
] ment purposes and relieves this CoTpor
, alton from LIS floating liabilities,
III furnishes this corporation wilt
tunnel sltes. ana development wOr
4 ghich could only be obtained as q re
\ Tult OF an Immense expense and year
n ~ time
\ 1T supplies the Bingham standar
With equipment N machinery an
L buildings