The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-12-27

| in the shaft which was being sunk on
the Phoebe S. claim of the property.
| There was a good deal of useless bick-
ering INDUCED in between all parties
1 concerned, but suffice to say that ore
was struck here at the period men
/ toned, and it has steadily, under de-
velopment. increased in volume and
value. About the beginning of july
new machinery was installed and a
STATION was cut at the 350-foot level
| and drifting to catch the ore on its
east dip was commenced. How success
| full this was the readers of The Herald
well remember. More recent develop
ments tend to show that the ore bodies
are getting richer and better, and the
recent canard that was spread
throughout the valley towns that the
ore in the mine had played out. al
though it had the effect of bearing the
stock on the market, was absolutely
without foundation. The first car O.,
ore sent out from this mine to the
American Smelling & Refining COM
pany Melted the company about $500.
Iron King.
Developments at the Iron King are
being watched with interest The main
shaft is down about 500 feet, and as in
sinking it they had cut through quartz
that had carried good values, the man.
agement has decided to start drifting
from the 400 and 600-foot levels il order
to thoroughly explore this quartz and
to see If the ore is not really nearer the
surface than they expected it TO be. Ex-
eellent work is being done in the great
tunnel that is being driven from the
east side of the property toward the
shaft
Utah Con. Looks Well.
The Utah Con. is looking fine From
the bottom of the shaft, which is down
300 feet, drifting is being prosecuted on
a break, and they are now in a distance
of over 100 feet. On the 21st of this
month a croSs-b break was encountered
and now the chances of striking the ore
are brighter than ever
Superintendent Charles Carter feels
much elated over this change. as the
rock seems to be a we'll mineralized
quartz. There is no fear if this COM
pany strikes the ore that the outside
stockholders will not know of it imme-
diately. as Mr.. Carter said that the mo-
ment it is struck he will give it out to
the public.
Henry Matsch and Thomas Griffiths,
who have lease on the upper levels of
the Utah, have been successful during
the past year. They have shipped about
ten carloads of ore that will average
about $25 to the ton. Each carload has
been the full fifty-ton capacity size.
They are still getting out the ore. which
is improving day by day.
Great Is Colorado Mine.
The record of the great Colorado
mine is certainly a good one. So far |
they have already paid out over s1,000,- |
900 in dividends, and that has been ac-
complished in a period of less than two |
years. Everything is running smoothly |
at this bonanza, and there are still mil |
lions of dollars worth of ore in sight by |
conservative estimation. Since the re- |
sumption of shipping this past summer |
the mine has paid a dividend every /
month. with the exception of October, I
and that was because the Tintic smell /
ter had closed down and the mine was /
forced to suspend shipments.
Rich MichIieh Group.
deal is pending whereby the Mich
Itch group. which lies on the east boun-
dairy of the Iron King, will go into the
hands of people who are better equipped
financially to develop it than the pres
ent owners are. The principal owner
OF this group, which contains fourteen
claims. is Joseph Miehlich, and the DOS
slbilty of his making a good sized wad
for himself is very great He has
worked that ground for over thirteen
years, and his present good fortune is
the result of a never-wavering faith in
the value of the ground He has sew