The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1908-03-17
MINES AND MINING

Nor.ne'on Is said zoo bc proving its
claim Goo .ho largest mineral area OF
aHN off fHn mining camps oi Nevada.
Tb sarCr..ant Ou company NO
| NH.u City Ius distilled down 900 feet
! n1 have flow u. gas The drill is
5000 COINS down
Au oN Hr.ao BIAS been made nca-
| Goodrich san Juan county oil was
! found at depth uf goo fcut and
stands 100 feet deep in the we'll
The United states Smelling Rein.
ing a Mining company last week dc.
clnrud a 50cunt dividend ON its com.
mon stock and @, per cent on It's pro.
/ fcrrcd stock
Development work BIS TO be- re-.
.umod Zoo the Gold EAGLE mine az
Seal Idaho o. ls tho intention TO
thoroughly explore the property. and
20 that end work win Dee pushed Wig.
uruuaIy.
The Elk Coal company. whose prop
crty is located about Sis miles from
kommcrcr Wyoming Is planning TO
begin marketing coal from its mines
iu the near future The property rs
said 10 bo q big one
Tho camp of RhyuItc Nevada. is
wild over l.ndd mountain discoveries
Men are sacldng ore ON Holt and
Lomlc leases running 81 q pound. An
cightiuch streak ON llolts is aver
aging $3.50 10 the ton
The New York Times says The de-
maud for copper has 80 Increased that
copper producing companies hayc
sold ahead 20 the oNtont OF loO,0OO.0OO
pounds. This marks vast improve.
mout In the copper trade
Good values have been found In the
Celtic mine, according TO the Boise
Statesman Tho vein recently I'M
covered is eight feet In width, and an
average sample Of the entire eight
feet shows value OF Sl7 In gold.
The Boise ore Testing company has
completed lbs plant small test was
made ON some ore from the Luhkn
| property, 500 pounds being put
through This ore was low grade. as.
saying $3.50 ton. An extraction OF
90 per cent was effected.
Cumberland Ely interests have re.
Gently summarized an Of the samples
ever taken In It's Veteran workings.
They fud that the average OF the as.
says is $40 per cent copper. This In.
cudcs many samples taken In drifts
which extended beyond the limits OF
the ore body and contained almost no
copper
The gold mines Of the Transyaal
produced In 1907 si3G750,0O0 wortl
Of gold. which with the exception OF
g5.OOO.OOO. was obtained along tho
reef upon which Is situated tho. city
OF Johannesburg. This Information
comes 20 the state department frorh
tho United states consul atavlctoria.
South Africa. ,,.i'Vs
The litigation affecting the Drome-
~ Diary HUM Mining comnany AZ Fur,
view, ,Neyada. haat hdcn dismisaod.
giving tbe-company an absolute clear
title. Tne company shaft Is down 2i5
feet and wiz be continued 10 the 800.
foot level before prosecuting is be-
gun. It n equipped with 4O.horso
power holstlng plant
A report covering the operations OF
the Cnrlsa Mining company in the Tin
tic district during the year 1907 has
been sent out to shareholders from
the eastern Offices OF that corporation.
, The net earnings during the period
accounted TO $3.50, representing tho
proceeds from 7.i8l tons OF orc
shipped 10 the smeltors.
Attorney Thomas J. Barry. OF Bos.
ton, representing dissatisfied stock
holders OF the bingham Consolidated
Mining company. has issued a circu.
lar letter to all stockholders OF tho
company, In which ne says Il have no
plan at present 10 propose My object
N TO organize all dissatisfied stock.
holders and TO ondcayor 10 obtain
what rlghtfully belongs TO us"
Representatives of most OF tho
large steel companies OF tho United
States met In New York last week TO
discuss trade conditions and prices OF
iron and steel. The necessity OF an
understanding as to the prices OF pig
iron rs said 10 be one OF the causes OF
the meeting. II Us announced there
viii be no change In the price of
steel,
Several sensational strikes have
been made recently In the new gold
fields In uppor Bun valley. about
forty,nyo miles north Of st. George.
Utah Some Of the discoveries arc
showing mp ore worth $1,000 a ton.
while surface showings everywhere
In the district are very promising.
Hundreds OF men have gone into tho
district IN the past fortnight.
Work Is 10 be resumed on the old
Sunshine Gold Mining company's
property at Morcur The Sunshine
is an ultra gold proposition, and in
the early days was one of the lead.
ing mncs Of the district, its orc5 be-
ing hgh grade. Bad management
caused n shut down Tho people who
are 20 take hold Of the mine now,
confidently expect TO make the prop
orty earn dividends In a short time,
II Is announced that there Is a great
deal Of excitement over the Gold
Circle camp, in Nevada and that
three automobile lines are plying he.
tween the railroad station al Col.