Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-06-18
JOHN DERN ENTERS
SEVEN TROUCHs FIELD.
Local Mining Man VIII be President
Or Seven Tronpbs Mining Company
At Seven Trouglis Meeting.

AL tho annual meeting of the seSen
4 Troughs Mining company at the ROD
i erts House at Provo at IL o'clock this
I morning, reports were heard from the
various. officers of the company and
John bern WAS elected director, OF
the company This was only q prelim-
inay step toward the election of Mr..
1Dern as president OF The company. a
meeting Of the directors was held in
y Salt Lake this afternoon at which "
was the Intention, IN organizing the
board, to place MIR. Dern at the head
of the institution
At the meeting this morning, 511,S39
shares Of stock were represented. The
meeting was called TO order by presi-t
dent r. j. Evans and reports We're
heard from Secretary Il. j, Gunneli,
the treasurer and Superintendent
5 Charles Ellithorpe. The stockholders
were greatly pleased with the last
strike made OF, the Seven Troughs
property. II was declared to be an
eight foot vein carrying values from
SIS to $4,000 ii ton. The vein Is said
10 have been opened Tor 100 feet. The
class OF ore that is now being encount-
cred, 1T is declared. Is giving indica-
gti0ns of permanency. x
I The reportso the treasurer was not
made public althuugh5it was heard at
the meeting. 1tsswas declared that II
u is to be published and sent to the
stockholders.
i At the meeting the following were
the directors elected: John Der1, L.
AZ Friedman, r. j. Gunnell, r. ].
Evans and WIN. Odell:
lS OfStlie recent strike at the property.
the Seven Troughs Miner OF last Sat
urday has the following to say:
The statements made last week re-
lative to the Florence lease have been
moro than borne out by the develop
lnent on the bonanza property this |
week. $5s a35 AZ.
While work has not been pushed
owing to the change of management
which is scheduled to take place prob
ably next week, yet sufficient progress
has been made OH the ore body to show
that ills richer and bigger than 1t was
at first thought to be.
On Monday afternoon the directors of
$theScornpany held a meeting at Vernon
ut which final arrangements were made
for tho transfer of the property to tho
new people. !.
4 TN CREASE a N VALUES.
Where the ore shoot was cut in the
.crosscut from the shaft two feet carried
but little values. As the drift to the
north, however, has progressed tho ems
tire ght feet have increased in vail
ues.s The silver sulphideS3 which were |
mt first conttped to the mud streak from
~ to Il inches nsathe wall have inn
pregnated the entire body.
a That the mill rock is OF q high grade |
charact ter IL evidenced by samples talk
EN- from the mill dump after the ore
had been sorted.
ASSAYS taken Of the dump show the
mill values to be better than 500 per
ton. The ore which Is being sacked |
runs in the eighborhood of $500 per
ton.
AS soon as the new mana cement takes
hold OF the property the drift to the |
south On the vein will be extended and
the vein VI the same time opened UP
from the 800 foot level.
b. The MIL ore, as soon MS enough is
extracted for shipment will be
brought 4 over ITO the Darby mill ar-N
with which have been made
for the treatment OF all the Florence
ore.
II Tfcpatations are being made for tho !
erection or a sorting room when the
extractionsof ore willibe much facilitat-
ed AS 1t is now the ore is sorted in |
the workings as 1t Is broken down and |
the process is slow. fl n