The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-12-27
More Claims in Banks Group.

o. d. Banks continues to show faith
IN the camp. He has added three more
contiguous claims to his original group
this week. which now gives him 5000 feet
OF a quartz ledge for an apex in the very
heart of the district. His claims are all
among the first locations in the district
and are naturally what were considered
by the locators to be the best surface
ShOWlngs. His last purchases were bought
with view to building a gravity tram
way down a ravine to where water can
be had for a mllsite. He had assur-
ances from California capitalists that
when he added these properties and
opened up his mines they would put in
mill. Banks has filled all the specifi-
cations required of him and the nego-
tiaticns for an additional mill have be-
gun. The Banks group now contains
seven claims and fractions in all about
80 acres. Should values increase with
depth, a. is the rule here, and as has
been demonstrated by assays from near
the surface over the entire area of his
ground, one of the largest gold mining
enterprises in the state will grow out Of
it The formation is quartz for the hang
| ing wall with rhyolite and black dyke
Tor foot walls a porphyritic quartz for
nation averaging 800 feet in width w.
ing between these walls. is where values
were found promiscuously near the sur
face Sulphides of iron and silver car
rying gold are increasing in the seams
of his tunnel, which indicates increasing
values at depth.
Exploration and development work on
the MaZuma Hills are now in Droe-ress
to continue during the holiday season.
John Harnan and his mill suDernten-
dent, Mr.. Morgan, are out for the holt
day festivities
There is great delay TO all kinds of
| freight destined for this district The
immense tonnage of milling machinery
coming in is overwhelming the freight
ers.
The lowest wage paid miners in this
~ fnr iUh hon g.
work. The scale. according to duties as
signed, goes up to s. per day. While the
buildings generally are inferior, the ho-
tells and restaurants average in prices and
quality of food with Ogden and Salt Lake
| restaurants
! While opportunities for developing good
mines were probably never surpassed in
any country, what appears to have been
/ a concerted effort has been constantly
| enforced here to keep miners from rush.
! ing in too numerousy.
Capital Only Is Lacking.
The one thing that is lacking here is
| capital to go ahead with the work that
| nature has laid TO be done when the
| time for doing il arrives. l have seen
work discontinued on two good leads of
/ ore veins within a half-mile of Ma
| yuma, the past week, that would have
| set some communities wild with excite
ment when their existence became known.
All that was done was the annual as
radius of quarter of a mile. There are
about 500 miners opening up other leads
| on the district. which is twelve miles long
and two to three miles wide.
Some people write in here saying: If
| your mines are so good, why don't YOU
| pay dividends The answer is: How long
would it take you to penetrate a rock
| pile with hole Axe feet 100 OF 500 feet
| deep? There is yet to be an instance
recorded in this camp where depth has
not revealed great ore bodies. So far the
deepest shaft I'm the district is down only
| 80 feet They are prosecuting on that
level; already 20 feet of high grade mill
| ing ores have been opened up and they
| are not yet through the ledge.
| 1t is announced with reasonable assur-
| ance that a mill will be installed on the
/ Seven TrOughs Fairview as soon as pos
| sible after the first of next year. Wher
it is completed and the immense bodies
| of ore on that property are converted into
bullion the greatness of this camp will
| become most impressive. There are a
number of properties here under the
clouds today that will reveal a most boun-
| teous gold and silver lining before 1915
rolls around. Immense fortunes will fall
| from these ''lnings.