The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1909-10-03
OLD PRODUCERS
AGAIN At WORK
Strong Consolidation Settles
Suits Involving Bingham
Lead Mines.
ALREADY SHIPPING ORE
YOSEMITE MINES COMPANY
OPENS VIGOROUS CAMPAIGN.

Properties which in the period from
1880 to 1881 were among the leading lead
producers of Bingham, and which
throughout the succeeding years have
been tied up by litigation, have Just Deen
released to production and further De
velOpment by the ettectlng OF a conSol-
datiOn which promises TO result IN tne
opening of one Of the big mines OF the
camp.
The new company formed is the Yo-
semitic Mines company, incorporated IN
der the laws of Maine and capitalized TOR
81 ,000000 divided into 100000 shares, OF
which 100000 shares have been placed IN
the treasury and sufficient number OF
working capital. w. Mont Ferry and En-
nest Bamberger. with the Bingham Mines
company, are the controlling factors
James p. Graves Of Boston is president
of the company Operating offices OF the
company are with the Bingham Mines
company, in this city, while general head
quarters is in Boston.
The properties included in the CONSOLE
datiOn comprise the Yosemite No. mine,
the Cluster group Of claims and the MIS-
sissippi claim, all patented ground, in the
heart Of the lead-prOduclng section OF
Bingham. The Yosemite is bounded on
the east and south by the Bingham Mines
cOmpanys Dalton x Lark mines. and 1t
has approximately 2,400 feet on the strike
of the LaTk-N Osemite vein, while on the
southwest are the Old Jordan and other
veins.
Produced High-Grade Ore.
The Yosemite has been productive of
high-grade silver-lead ore on the surface
for almost its entire length. Years ago
it was worked by an inclined shaft to the
depth of about 500 feet. AT that level
considerable water was encountered, max
ing il imprdCtiCable at that time to work
the ore bodies to greater depth. It Is
now being vigorously developed by a drift
from the Mascotte tunnel, at the depth
of approximately 1S0O feet from the sur
face on the plane of the vein. That drift
viii drain the mine and at the same time
afford an outlet for the ore.
The Cluster group of claims has been
developed by the Paradox tunnel, which
driven in from Bingham canyon atJainS
depth of about $40 feet from the surface.
The portal Of the tunnel is near the upper
headhOuse of the United States company
tramWay, the tunnel having been driven
1,21) feet in a sOutheasteTly direction.
At 1120 feet from the portal has been
encountered a large body Of lead ore Of
good grade, which is now being mined
and shipped to the Salt Lake Valley smell
tiers. \ complete power plant, with COM
pressOr and motor, is being installed on
the Bingham canyon side to care for eX-
tensive operations through the Paradox
tunnel
Works Through Mascotte.
The company has been granted operat-
ing privileges through the MascOtte tun-
mel for working its Yosemite mine, and
it is Understood that arrangements have
been made for milling its low-grade ores
in the Ohio Copper COmpanys COnCentTa-
tor the first two sections of which are
to be placed in commission within the
next few weeks
The Yosemite Mines conpany's territory
is virtually all virgin ground While it
has been worked to the depth of 800 feet
through an inclined shaft, rich ore has
recently been found on the plane Of the
vein 800 feet from the surface, or on
the MascOtte tunnel level Mining men
who are acquainted with the mineraliza-
ton of the Yosemite and the merits Of
adjacent ground owned by the United
States and Bingham Mines companies
predict that the new company will be
highly profitable producer within com
paTatively short time That its property
Should rank among the best lode mines
Of the district is claimed by experts.