Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-03-21
BULLOCK STRIKE
IS A GOOD ONE
------- -------------------.-
A TintiC Property Which is Being
Developed Into a Mine of
Importance.
MAY DAY REPAIRING WORKS.
Opcx Company Preparing TO Sink a
Deeper Shaft--Wcelx's Orc
Shipments.

Special Correspondence.
Eureka, March 20.--The new Strike Mt
the Bullock mine near Silver City. which
was made last week. was encountered
in drift. started in southerly di-
rectiou from the $50 foot lever, The
ore first made its appearance when the
drift was in distance of 16 feet. it
has since been pushed ahead over IS
feet, and is still In ore. Samples shown
in Eureka The other day carry values
In copper, silver and lead. and it can
readily be seen that the ore recently
encountered is the best ever struck in
the property. Andrew Baxter. a wen
known Silver City miner, is in charge OF
the work az the Bullock. part of which
Is being done under contract.
\ cross-cut Is also being run TO the
east from the $50 foot level for the puI-
pose Of cutting parallel vein opened
up In the old workings, but the cross
cut which is now being run, will tap
thus vein at much greater depth.
b. II. Bullock of Provo. who visited
the mine the early part of this week.
says that shipments from the property
may be resumed again next month, as
the ore now being produced is of a
very desirable grade for smelling pur-
poses and the company Will have no
trouble IN getting contract with the
shelters
The Eureka office of the Copper Jack
Mining company sent out a circular
letter this week which states that $4,000
shares Of the treasury stock of the
company are Ia be distributed pro-rata
among the shareholders. According
To the articles OF Incorporation OF the
company the stock was not assessable
as long as any treasury stock remained
on hand, ana as this Is not the most
desirable time to sell treasury stock
the directors decided II would be the
best to declare a stock dividend and
then levy an assessment in orer that
a small Indebtedness may be cleared
up As soon as this Is done develop
ment work VIII be resumed, which will
be within a very short time. The
stock will probably be listed upon the
salt Lake exchange as soon as work
starts again. The Copper Jack COM
| pany's ground is in the Erickson dis
| trict
a meeting Of the Iron Hat company
| was held during the week and it was
| decided to resume development work
| at an early date upon its ground in
| the eastern part of the district. This
| company is owned almost entirely by
local people of Tintic.
Arrangements are under way for the
| starting OF work upon some other prop
| critics in East Tintic, among them the
| Tintic Central, Hill Top and Sage
| Brush groups. The first named is in
corporated. and two other companies,
taking In the other groups, win prob
ably be formed within a short time
What the Silver City end of Tintic
needs Is capital sufficient to put a
shaft down to great depth and there
seems to be good reason TO believe that
" ha. tlta -
getting hold of the Swansea. 1t is be-
ieved the ore bodies in the porphry
belt go down to greater depth as they
do In other parts of Tintic where deep
mining is now being carried on. Some
of the best ore that ever came from the
South Swansea at Silver City is said
to have been encountered IN the shaft
a short time before the Swansea and
South Swansea had and agreement over
the pumping of the water from the
mines. consequently there is no telling
the extent of the ore bodies In the
south swansea. AT any rate the water
for the new Smclter will come from
the Swansea and when the electric
pumps are at work In this property it
will not only mean the unwatering OF
the swansea but the South Swansea
as well, and otter adjoining properties.
All Of these mines have good ore. but
nothing has been done for years below
The old American Mining company
has made application for a United
States patent upon the American and
Finley claims, near the Colorado mine
The sudden raise in the price of
Grand Central stock has caused many
1intic people TO believe that the mine
viii soon he re-Opened officials at this
end know nothing about It. however
1t has been reported at various times
that the Grand Central output would
go TO the new Knight smelter, and If
such is the case the mine VIII be work
Ing again hefore many weeks, be-
cause the shoipment of ore Ia the new
smelter plant win start next month.
The May Day Mining company put
few men To work today In the shaft of
the mine, DONG repair work I'm needed
places preparatory to the opening nf
the property which VIII probably b.
about the first OF the coming month
when the shipment of ore viii perhaps
be resumed. The management hero
does not care 10 statu whether or NOT
the shipments would start on April I.
but there Is reason 10 believe that they
VIII on az an early date at least. The
May Day company has a good contract
with the American Smelling & Refining
company and II Is understood that the
ore which Is now awaiting shipment
can be handled under this contract at
good profit
# Is intimated that there win be
some change In the development Ut
the OpeG at Mammoth. The company
Is said 10 be preparing 90 sink the main
working shift 10 greater depth. but the
superintendent at the mine, Mr. Nc
Cummings, says that the future plans
az the COMPANY are most too Indefinite
To- Doe given out To the public at pres
cnt. The workings no The OpeN now
have "a depth of over 300 feet
hliItnHIlfa Cd an.