The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-14
PROSPECTUS OF THE
SUCCESS PROPERTY
Facts Concerning the Holdings
and Prospects of the
New Company.

Following the recent confirmation of
titles, and tho incorporation of an oper-
ating company, to develop the Success
group of claims, an interesting prospecc
tus, which tells of the corporation 5
holdings and the possibilities of the
property, has been issued. The Sue
cess is located some fifteen miles east
of Ely. and is owned by Thomas kearns
and David Keith OF this city and d. c..
Mcdonald, mayor of Ely.
The contents of the prospectus fol-
lows:
'.The property is located fifteen miles
east of Ely, in the Schell Creek range
of mountains, and extends one and one.
half miles north of the summit of Duck
and Stcptoe creeks, and two and one
fourth miles south
1.-The property consists of twenty
eight patented claims, containing
ilS.15 acres, and also the mineral rights
to 26O acres on agricultural patents,
total of 67S.76 acres.
Formation-The formation is dolo-
mite lime, shale and quartzite. The
ore bearing lime ledge or zone can be
traced the full length OF abe property,
approximately 10000 feet, and varies
in width from 1000 to 5000 feet. On
the west of this limo a belt of shale
outcrops in numerous places, and is
plpbdbAS lue IOOLWIll OF INC orc DCdI-
ing hme, On the east a strong, bold
outcrop of quartzite forms the hanging
wall, This quartZite is what is known
as Eureka quartzite, and probably bears
the same relation to orc bodies as IT
does at Eureka, New. Just east of the
Success ore bodies the quartzite car
rjcs gold values.
Ore Groupings.
Through this lime zone there are
several ore bearing groupings, which
carry gold, silver and lead. Two of
these, only have been partially devel~
oped. The Fairplay shaft on the south
feet, shows continuous fssure vein
from which some sixty tons of ore have
been shipped, showing values as fol
lows: Gold, $3.50, silverf fifty eight
ounces; lead 66 per cent.
The other, on the Success claim,
1000 feet north, shows continuous ore
body from the surface to where 1t is
cut on the 200. foot level, distance of
2S4 feet, and has been opened at this
date lS0 feet in length with ore still
in the heading, going north. This body
will average three and one half feet in
width
Character of ore-The ore is princi-
pally a brown and yellow carbonate,
with punches of galena which carry
high values. Shipments show 1913
ounces silver, gold $l2.8o, lead 60 per
cent, while the whole is a good ship"
ping grade and a very desirable smelt.
ing product, carrying high percentage
Of iron.
GA pleasing feature Of the Success
pres is the gold value which runs from
$3.50 to as high as $S7, and is incrcas-
ing as depth is attained
Development Work.
lopment-Consists of 1924 feet
Of shafts, tunnels, drifts, raises. WINES
and crosscuts; the deepest shaft being
on the Success, which is 100 feet in
depth.
Of double cylinder. double geared
hoist of 50.horsepower, two 60-horse-
power boilers, four drill compressor,
receiver, drills, pumps. blacksmith shop,
,awmill, 4 pipe line 1900 feet in length,
giving an ample water supply under n
pressure of 215 pounds to the inch, a
arge carpenter shop, powder magazine,
'torehouse, well equipped assay office,
also large two-story boarding house,
cellars, office buildings, cabins, stables,
twenty-ton ore scales, and are fully
equipped for campaign Of active de-
Felopment to block out large tonnage
If ore during the winter when the roads
will not permit of shipping
"ENpenditure-The owners Of the
are men well known in the
mining world Of many years expert
ence and whose judgment of mining
is sound and conservative.
They have expended over $4,000 in
squipping. developing and patentipg
his property, and have no debts. They
have every reason to believe they own
1 very valuable mine, which should be
4 dividend payer for many years to
,ome.'