Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-06-28
MINING, BUSINESS and STOCKS.

| ANTELOPE PUlNI is
IN GOOD ORE BODY
Supposed IRON Orc Turns out 10 be
copper---NNili Start w rlS on the 8
Old Outzcn Property.
Fortune seems to be smiling on the
men who have invested theil, mans in
the Antelope Point Mining company
says the Rfchfield Reaper Charles
Heinholt OF Elsinore. Who now has
$enalse Of the work. Was In Richfie,,L
recently and so excellent are the show
$ingsf made that BILLY" Johnston WAS
induced to invest in the stock OF the
Scom3any to the extent of II 500 shares
The men who have bean working at
the mine. which is in the Black Rock
mining district in Willard county, have
sunl1it shaft about 60 feet in dent,rlantl-
from this q d,ft6Was started. Pockets
of high grads leadsore were encounters
ed and these were followed Eslere WaS
IN vein OF dark brown iosk exposed
which the Wofknen characterized az
an IRON blowout This was, stunned
as valneless and the lead ore was
sought.
Mr.. Heinholt was induced to visit
the mine and given an opinion as to
The character of the rock He looked
the ore over. and assayed it, 1T showed
excellent values, but the vein was so
8changeabie that he did not think
highly OF IT.. He heard the men talk
of the iron blowout and finally he
n 40 4 4 "A e N1s,s In,
alnined 1t he decided Immediately that
the supposed iron ore contained cop.
per. He assayed samples and got from
Il 5. to 4 5 per cent copper and then he
asked that work be done on the vein.
1T showed a width of eight feet and
the real values of the mine were here
and not in the lead ore which was
being followed.
HEINHOI,T ASSUMES CHARGES
Mr.. Heinholt was asked to assume
charge Of the operations and so great
Is his faith in the proposition that he;
agreed to take charge and direct mat
OF the ore are on display at the john
stone hotel and it certainly looks like
the real thing In mineral
There is a sign of activity in min
ing circles among the men having in
forests in the Marysvale and Gold
Mountain districts. Last Monday Clar-
sence Outzen went to the Vale to In
the vicinity of the Outzen group, as
the boys are anxious to be at work on
that property.
T.. FL. Outzen visited that region not
long since but the snow was then too
deep to permit provisions to be taken
to the mine. He visited tile Busehy
property. and as that is on the south
slope of the hill the snow was all gone
there and Max Krotti will renew
several hundred feet. 1t is expected
that 125 feet of tunnel will reach the
{ ore body. There Is no question as to
the presence of the ore as the old man
Bnschy, who first owned the property,
dug out and shipped quantities Of the
ore which averaged $50 per ton.
DOING SYSTEMATIC WORK. 4
Mr. Buschy followed little seams and
crevices without any erfort6to uncover
the ore body. Ever since Nessrs. Out
zen and Krotkl acquired the property
there has been a systematic driving
& of q tunnel on the contact of the quartz
ute land porRlyry and now tbs 4ex-
pected to reach the ore body this sum-
mer.
If the snow is sufficiently gone to.
~
Outzen property there will be a res
sumption of work on tina property at
once. 8lsg
There has been much comment
among parties interested III the Gold
Mountain Consolidated company's af-g
fairs as to why there is no movement
made towards bringing the affairs of
the company to an issue in the courts.
The Reaper has made inquiries as to
the legal status OF the case. It APP
pears that a demurrer should have been
Heard by3Tudge Christensen on May.
80, but neither Judge nor parties to the
suit nor attorneys put in an appear
ance In the case. No one seems to
know why the demurrer was not heard
and there has been a lot8of comment
Eengendered thereby.
DOES NOT KNOW REASON.
Last Friday Receiver Sevy was
here and Reaper scribe approach
ed him on the matter. He declared
that there was no inclination on his
part to delay the closing up OF the
affairs as soon as the creditors We're
ready and that he was simply waiting
for the attorneys for the creditors to
act in the matter. AS to the unheard-
demurrer he said that he had been
unable to find out any reason for the.
delay. He also stated that lie was
then on his. way to take the train for
Salt Lake where he meant to ascertain
what was to be done in the matter. Mr.
Sevy is inclined to the belief that the
attorneys for the creditors could Wiring
the matter to Il close in a hurry If
they would press the case. a
HIGH GRADE IN DEAIJoHN.
ComDany Runs Into Another Body OF
Rich Orc on la5 Foot Level.
Word received this morning by Man