The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-10-29
MINES AND MINING

|
S5O.0O0 which is to be applied 10
yards the erection Of 50-ton milling
Liant for Rawhide
Reports from London of the FORM
Ing of a big copper metal pool there
are generally discredited by leading
interests in the copper metal indus
Try here says a New York dispatcn'
The Consolidated company of Gold
field has discovered and proven a
rrocess for treating sulphide ores
that insures an extraction of 80 per
cent of their value without wasting
the ore.
Sixteen feet of shipping ore in a
vein So feet wide, with much of the
remainder of milling grade, is the
Size of the strike in Goldfield Daisy.
which recently has been attracting a
great deal of attention.
Hundreds of visitors, mining men
IRON all parts of Montana, Washing
ton and Idaho, were in Standpoint,
Idaho, and Ponderay to witness the
blowing in of the first Panhandle
smelter furnace on October 20.
Gold Circle has gone lease wild. and
the demand for blocks of territory in
this noted Nevada camp has become
so strenuous that no doubt can longer
remain in the minds of those interest
ed as to the future of the camp.
Between $2,5OO,OOO and $3,0OO,O0O
Is about to be expended in the con
struction of a new power line from
Thompson Mont, to the Murray dis.
rict in Idaho. The plant will furnish
rover to the north side mines of the
Murray district.
The Lodi Mines company, which has
roperty at Lodi. New, Is meeting
with almost sensational results in the
development of it's mine. The main
shaft continues in high-grade ore,
running from 5000 to $400 ton, as it
is broken from the ledge.
II. H. Clark, who has just returned
Trom the east, says that he found
among capitalists a sentiment alto
Gether favorable to the Virgin river
and Juab oil fields, he having expert
enced no difficulty in financing the
projects in which he is interested.
Leading silver authorities, both in
this country and Europe, are antiei-
pating an early advance in silver to SO
cents. as against the present price of
81 ga to So cents. In consequence
some leading silver interests are hold
Ing the metal for an advance.
Some good copper ore is being en-
countered on the property of the In
dependence Copper Mining company,
located near Mullan and in the vicin-
ity of the Snowstorm mine. The
company started drift on small
stringer found in the long crosscut,
the drift being in now between 40 and
90 feet.
The Great Western mine at Horn
silver has shipped 120 tons OF ore to
the Belmont mill at Millers. The first
lot ran SOS a ton, the second $45 and
Will run about the same as the second
lot. 1t costs about SIS ton for trans
portation and treatment charges on
the ore.
The Beaver Carbonate Mining com
pany has encountered in its mine al
Frisco what appears to be perma.
nent body of shipping ore. Assay re.
turns from the ore have not yet been
received, but it shows for itself that
it Is good shipping grade, carrying
perhaps 25 per cent lead and so
ounces in silver.
The stock of the Tintic Combina.
ton Mining company has been ac,
cepted for listing on the Salt Lake
stock and mining exchange. The com.
iany owns the group of ten claims
in Tintic district known as the Hill.
top group, situated just below Iron
blossom and adjoining the Bullock
estate on the north.
the first big discovery at Boyard
is miles south of Rawhde, Nevada.
was made in the early part of last
april, when one of the richest shoots
oS'N wv CN'l lOunu Ill NEVADA
was opened on the surface on the
Golden Pen claim, now owned by the
Bovard Strike Mining company. The
property was Immediately bonded for
$4,000.
Alex Main, who is operating a lease
st klondyke, the district to which
Jim Butler was giving attention at
the time his burro stumbled onto
Tonopah uncovered a ledge several
days ago, it is said, in which is a nine.
inch streak OF ore running $1,000 a
ton
The Steptoe smelter, according TO
the Ely News, has for number of
days maintained a production of a
carload OF copper day, or produced
at the rate OF 100000 mounds =
month, the cars loading to 100 ooo
Iounds, and most of them litIe
better,
The Majestic Mines company has
completed TIE reorganization of rhe
Majestic Copper company and The
company is now successfully financed
Plans have been consummatod for oa
ETpgSiVg HpVp1pnp,.,. -