The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-10-01
MINES AND MINING


and Shelters amounted to 100000
pounds of copper
Excavations are being completed
at Gold Circle for tire tcn-stamp mill
ing plant which is to be installed by
Butte capital. The mill builders are
expecting the arrival OF the equip.
ment any day.
Daniel Guggenheim, president OF
the American Smelling and Refining
company, is as optimistic over the
outlook for better prices for silver
and lead as he Is over an improved
copper market.
The gold production ofthe United
above the sIOO,000,000 mark. A few
years ago. the best informed gold
miners did not consider It within rea-
son to predict an output of that
amount before 1916.
A strike was recently made In the
Red Elephant mine, seven miles west
of HALEY, Idaho. Three feet OF high
grade galena ore was cut into in the
lower workings and regular ship
ments are being made from the mine.
The idea, to have banks make sub
stantial loans OH mining stocks OF
merit, as they do on railroad and
other securities that are subject TO
market fluctuations, is worthy OF
careful consideration. says the Min
ing World.
From a mine near Leadvllle, Colo,
the Independent smelter Of Ogden
last week received carload OF ore
that will net the shippers s23.450.
| The values carried are $74 In gold.
| 734.7 ounces In silver and 1873 per
cent copper.
| Discovery OF zone OF remarkable
naturalization In the Cold Prize
group of claims. west of the Seven
Troughs mine and directly south of
the Cleghorn group, Is one OF the
latest sensations In the Seven
Troughs district.
The Clifford mine, fifty miles east
Of Tonopah, In Nye county. Nevada,
has been sold by Edward CLIFFORD
and his sons, who discovered and de-
veloped the property, to j. @. McCor-
mack of Goldfield for $350,ooO n first
payment of $4,000.
The Consolidated Mercur Gold
Mines company last week shipped to
the mint at Denver its August output
of bullion. which will bring the COM
pany something over $4,000. This
is substantial increase over the
output of any month for some time.
the production having run from $685.
900 to $4,000.
Reports from the camp at Buck
skin, Nevada, are OF the best. II is
certain that the people there are sure
they have a camp. New mines are
being developed and old workings
started up. The oil excitement has
also reached that camp and they
think they have as good showing
as any of them.
The Independence mine. two miles
south OF Ketchum and fourteen miles
from HALEY, has been worked since
1883 by the owners. taking out only
first class or shipping ore. leaving
the second class, or milling ore, in
the mine and dumps. Its record for
shipping ore sold up to June. 1907,
was over 100000.
The iron fields of Iron county.
Utah. have long been known TO be
among the best in the United States.
In some portions Of the field exists.
it is said, the very best product for
making bessemer steel that has been
discovered anywhere. There Is no
question about the deposits being
very large, nor that they will be
utilized some day upon an extensive
scale.
The deal by which the Pittsburg
Consolidated Mining company, oper-
ating In the Alta district. takes over
the holdings Of the Pioneer Consoli'
dated company has been closed. The
property Is taken under bond and
; lease with the consideration OF
$52,250.
Realizing $4,000 from 10-foot as
sessment hole Is the romantic record
' established by George Norton. miner
Of Mohawk, Arlz.. who has been
! spending week in Los Angeles. Nor
/. ton had decided to give up his
!. ground as worthless, when the strike
: was made.
a The famous Engineers lease o.
s Goldfeld has In three months pro
e duced $650.000 and has paid $360,00t
8 in dividends. The lease has two
t months yet to run. at the end o.
{ which time It Is estimated that thu
o gross output will have been bette
r than sS50,0O0.
The long looked for change OF for
nation has appeared in the long tun
mel that is being driven into Scot
L hill by the Scottish Chief Mininl
u company, at Park City. The TUNE
/ is past the 1,200-foot mark and tn
IS last $50 feet has been run through |
n hard quartzite.
n A strike of two feet OF free milling
h ore that assays close to $500 in gol'
and pans big. was made in the Soutl
Fork (Espey) mine recently. accord
ing to the Elk City Udaho) MininI