The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-06-23
FLORENCE LEASE HAS
FIFTEEN FEET OF ORE
Rich Ore Body on Second Level
Opens Far Larger
With Work.

The following will be interesting
interested in tho Seven Troughs min
ing district of Nevada. the article be.
ing taken from the Miner of that
camp:
In the three weeks that have
elapsed since the discovery of silver
sulphides on the Florence lease the
Improvement i'm the mine has been so
marked as to convince the most skep~
teal that the Florence is destined TO
be one Of the biggest mines in the
state
AT point about twenty feet north
from the intersection Of the crosscut
with the vein the drift from the north
on Thursday connected with the drift
10 the north Here the vein shows its
true width and it is every inch of fif
teen feet. Clear across this fifteen
feet Is ore, of course not all high
grade. hut good mill rock. Literally
spriulSlcd through this and across it all
is the silver sulphidc carrying thou
sands of ounces of silver and rcd with
ruby silver. The walls. which are we'll
defined. are porphyry on the hanging
and diorite on the foot The orc
'
lively estimated. will run $50 to the
ton, while that which goes to the
smcltcr, nj the least calculation will
average $500
In cutting the station and running
the few feet which the north drift is
in, 400 sacks of orc have been saved
and forty tons put on the mill dump
This quantity could have been more
than doubled in the past ten days had
the management not been putting the
property in shape TO turn over TO the
shipment Will leave for the smelter
and the third mill shipment will follow
carly in the week. On Thursday night
n shift was put TO work on the cross.
cut from the 30O-foot level and this
Will cut both the cast and west veins
within about 100 feet. Not only the
future of tho mine but in sense that
of the whole district depends upon
the result of this work II is the uni
versal opinion that the mine will he
bigger and richer AT and below water
level
Negotiations were concluded last
Tuesday whereby Samuel Harris Of the
Darby Nevada Orc Reduction com
pany and the representative OF Eng
lish capital assumed the management
Of the mino. Some weeks ago Mr.
harris acquired tho holdings of Ray
ID. Harris in the lease This purchase.
however, did not give him control. and
il was not until Tuesday that arrange
ments were made with George and
James Loudon, formerly Of Miuncapo
lis. who with other associates own a
ma iorIty Of the stock, whereby a vot-
ing trust was formed and the further
working of the property turned over
to Mr. Harris
In turning over the management the
Loudons are not dIsposing Of any Of
their holdings They simply turn over
the management and this because Of
their many other interests here. which
preclude their giving the Florence the
attention it will require. James Lou
don remains the president of the com
pany and George Loudon, secretary
and treasurer The Loudons deserve
n great deal Of credit. not only for
the successful termination Of the ncgo.
tiatjons with the mill people, but also
for the continuous operation of the
property in the face of odds. in a finan-
cal way, which would have discour-
aged most persons. IT is. however, rea
souably certain that they will be rich
ly rewarded for their efforts.
When questioned as 10 his plans for
the operation of the Florence, Mr..
Harris stated that It was too soon
as the crosscut at the 300.foot opens
up the orc in the new level they will
start after the ore. and the only thing
that will stop them will be the tcrmi-
nation of the lease and the lease has
a long time yet to run.
Nevadas in San Francisco