The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-12-23
LOCAL INTERESTS
BOOSTING P|0CHE
Several Deals for Promotion of
Mining Industry Under
Way.
CONFERENCES ARE HELD
IN NEW YORK CITY
Operators in the Prince Zone
Are Meeting With
Success.

Though official confirmation has not
yet been made Of certain important deals
affecting the Phoebe district, which arc
being worked out by local interests In
that section, the assurance is given that
in the near faturc there will be news
o. Importance to be made public, The
year has been un unusually prosperous
one for the Pioche camp. and much eX-
tenSiNc work and operation has been
planned Tor the new year, and will be
started soon after the first of January.
Moi the least important OF these under
takinGs is the new railroad proposed FOR
the purpose of handling the product OF
the Prince Consolidated and adjoining
mines, At the Prince proper also, plans
which Will have Il direct and Important
bearing on tho future of the property
have been practically rounded out, and
the developments contemplated VIII re-
Gound 10 The benefit OF the entire dis
trict
Look for Prince Veins
IN view Of the quantities OF orc that
soIidcted mine. says the Phoebe Record,
ii was inevitable that search Tor the
network Of bedded and fssure veins
should be prosecuted to the north and
thc north the quest has been undertaken
by the Phoebe King company and to the
south. or rather the southeast. the Cen
tennial Phoebe is sinking its shaft.
Eleven claims. all surveyed for pat
cnt and covering completely the south
extension OF the Prince lodges, com
prise the estate of the Centennial Phoebe,
The company is Incorporated under the
laws of Utah. with q capitalization OF
100000. divided into 1000 600 shares, OF
which large proportion were set aside
as treasury stock
appearances both on the surface and
underground bespeak the continuance OF
The Prince ore bodies to the southeast.
The surface indication, particularly TO
the Centennial. is the porphyry dixie,
which has been traced through the Cen
tcnnlal claims. and. the course of this
dixie being nearer north and south than
the Prince assure. will cause an inter-
section of assures and dixie on the Cen
tennial ground. There has been no radi-
cal change in the formation between the
Prince workings and the Centennial
shaft, The two gallows frames arc
within stones throw of each other.
and the intervening ground is almost
level
Underground Showing,
Underground the showing is even more
great iron vein. which seems To be the
mother lode of the numerous bcdded
bodies. strikes straight for the Centen-
NAL shaft 1t makes its best display.
ern limit OF Its exposure In the Prince
One hundred feet southeast OF the
Princes inclined shaft crosscut on the
200-foot level cuts the lode for l20 feet.
and has not reached the hanging wall.
The average width Of the iron vein in
Prince territory Is around $50 feet. and
its tendency is to widen toward the Cen
tennial's boundary, The average value
strated by actual production. Is suffi-
cient to net sS.000.000. with metals at
the present price.
The Centennial Pioche has shaft
down $40 feet on the course of the Prince
vein and is being continue at the rate
OF 81 feet per day.