The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-04-28
PRINCE MINE ONE
OF THE GREATEST
Charles Read Describes Phoebe
Property, Which Impressed
Him Forcibly.
ANY ONE OF THREE
VEINS Is A NINE
Remarkable Resources Are Be-
ING Brought to Light in
This Big Property.

"Thc old mining camp Of Phoebe,
New, is assured of d renewal Of great
mining activity. Recent developments
and discoveries Indicate that the near
future Will see an awakening that may
eclipse It's former record. The recent
developments, for instance, in the
Prince Consolidated property must be
seen to be appreciated. 1t is a remark
able, wonderful mine. one that al
most beggars description. 1t is mine
IN every sense Of the term, there can
be no doubt Of that, and I feel that
any description | might give would be
inadequate, said Charles Read one of
the best-known mining men of Salt
Lake. who returned Tuesday morning
from the district in question.
The Prince Consolidated company, -
continued Mr.. Read, "has developed the
property by means Of an incline shaft.
This shaft opened a remarkable body
Of lowgrade ore known as the manga
nese body. L do not know the exact
dimensions of this resource, but | VIII
say that it IS 100 feet in width as a
conservative estimate. This orc carries
very heavy excess of iron, with some
thing like 50 per toy in gold and sill
yer. 1t is ideal fuXing ore, exactly the
material that our smelters must come
to sooner or later.
''To my mind, it is of striking i'm
portance that the railroad be extended
from Phoebe to the Prince mine. This
will be about nine miles long; but with
the road extended and with adequate
mine equipment, the Prince company
has the means to ship 1000 tons of ore
from this great body each day, and do
it easily. 1t is extremely easy ore 10
mine, but it is sufficiently substantial
to hold up under excessive extraction,
as must and will be the case eventual
ly. Nothing moro necessary than the
extension of this road seems to be pos
sibe.
"But in addition to this great manga
nese shoot, the company recently has
developed two magnificent assures
which carry 2 very fine grade of lead
and silver ore These assures begin at
the same point at about the 220-foot
level, but as they dip TO the east. or
in the opposite direction from the man
ganese ore body, they diverge. and have
descended to depth entirely Independent
of one another. / say they are indie
pendent. although there frequently are
replacements between the two, the conn
try rock being replaced by mineral. But
usually these cease on reaching the hs-
sures on each side. An exception TO this
case is noticeable as depth is Gained. 1t
has been found that these replacement
beds are extending to the east beyond
the fssure farthest of the two towards
the east. The company is Of the opin-
ion that these bands of mineral are
reaching out towards another or third
fissure, and crosscut is being driven
east to determine this point. But that,
of course. is theory, and is not consid-
cred by me in reaching my conclusions.
ffI want TO say that each Of these
three veins constitutes big mine IN
itself, and any one of the three
located in Park CITY would have sent
the stock to far greater levels than the.
three combined have succeeded in do
ing up to the present time. AS depth
is gained, the two assures show up bet
ter and better, and will undoubtedly
extend to much greater depths than the
500foot level, where the work has new
reached to. I can only repeat that it
is a remarkable mine. and TO be prop
crly appreciated it must be visited and
studied. TO my mind there could be
nothing more definitely assured than The
future of this property. and the fu-
ture Of the whole camp as we'll,