The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-07-10
REPORT ISSUED BY
FRISCO CON. COMPANY
Stockholders Given Idea of Con.
ditiOns in This Beaver
County Property.

report has been issued by the
Frisco Consolidated Mining company
telling Of the work done and the pres
ent conditions existing in the property
in Beaver county. Utah There are
several portions OF the report which
arc of interest generally, and they are
here reproduced:
Full accounts have been received
covering the period since our last re-
view. dated April 81. During the
month Of April and the first two weeks
OF May the work at the surface was
lmpeded by heavy rains and SHOWS aud
by impossible roads that prevented
haulage Of materials. etc; no such
abundance Of moisture has occurred in
that state for upward Of twenty years
Since the middle of Nav weather con
dit,ons have been very good When
the shaft was unwatcrcd the large sta
ton at the 600foot level was found TO
be ruined by cave'iu that had
crushed all the timberlng, 1t was filled
with fallen rock, broken and tangled
tImbers and with water. This debris
damned the water that filed all the
workings on the sixth level, removal
OF which was difficult. slow and danger
Gus for the men, took six weeks time
and was expensive. The shaft, tim
berng, holsts. pumps. the station at
the sixth level, also the crosscuts and
the drifts on that level are now all
in first-class condition for safe and
vigorous work, The pipes for carrying
compressed air to power drills and
tracks FOR tram cars in the levels all
had to be relaid with new materials
before development work could be re.
sumed.
Work was started at the D. p. and J.
shaft few days after purchase The
old shaft was very small and not tim
bercd; 1T was intended only for pros
pectlnC, Work there consists in en-
larging it for a two-compartmcnt and
man way shaft, heavily timbcred from
the collar down, Ordinarily, that shaft
has been dry, but excessive rains and
secpagc flooded il and stopped work al
Il depth of sixty feet, until the power
plant, hoist and pumps could be set up
The bad condition of roads prohibited
heavy teaminG for twenty days; as
soon as possible those equipments will
he set up al that shaft. which is now
enlarged and timbcred TO depth Of
sixty feet. Within sixty days from the
time when thus hoist is ready for use
this work of enlargement and timbering
should he completed, and then the short
crosscut TO the vein. about fifty feet,
Will he enlarged and equipped with
track and tram cars. Then excavation
of orc can begin at that point, cspe
cially such orc ms will be taken out
III the process of development.
Owing to the prompt and liberal TO
sponscs 10 both the original notice of
consolidation and the notice of install
ment duo June !, tho finances OF the
company have been in good shape with
all conditions and tendencies favoring
continued Improvement and strength
Tracers sent out after ''lost' lots of
Frisco Contact stock are slowly but
gradually locating them and bringing
them in Some protests against accept.
ing any more exchanges on the original
terms of consolidation have been re-
ceivcd, but no stock has yet been re-
ieeted. Liquidation Of Frisco Contact
Mining. company cannot yield those
who refuse to turn in their shares for
exchange into Frisco Consolidated any
more than a very few cents share,
if anything, after dcducting any costs
that may be imposed by their action.
The only safe course now is to turn
them in. A full monthly report of all
expenditures at the west is rendered
regularly to the Boston Office AS soon
after the close OF each month as is
practicable.
All of the eighteen claims formerly,I
owned by Frisco Contact Mining com
panY were patented four years ago |
Since the acquisition of the other four
groups Of claims they have been sur
veyed for patents. and some relocations
have been made for this purpose, which
is rendered possible by the single own
ership of the entire FIVE groups by
Frisco Consolidated Mining company