The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1910-06-10
MINES AND MINING

." h''''' '''f' '"''' '' ''N' WV
ana 10 operate what mas nee" Nno"h
az the Indian Peak mining property
OIL must be actually discovered 10y
drilling a well and striking Oh TO val
idate placer location applying to
OIL. Mere OIL seepaEes ana surface
indications are not suhl'''hi
From the raise In the bourne iuh'
mel In Jaroidge district Is Nrl n'lhs
taken hiEhFrade gold ore. the va
WAX tunnel Is sun passing lhI"nsh
strlhsets' or I''d'rs' "hl'h $40" Na'
u'S'
At noon ON wednesday june I''he
Amn'gamaicd Copper company TOOK
possession OF the clark copper prop
critics at Butte. which we're recently
."lu 10 u Oy FORMER senator "''''""
a. 'Iarh.
Inc gay LOT the black iiorse district
OF nevada Is rapidly da"hIhE' ana
the properties IN ihis famous ola gold'
producing section are p'lhg plH'tu III
condition To take advantage oi the
ne" eunu'''onS l"e'e'
Inc Round Mountain Mining com
pahy Oh Ne'aua mas declared us hlh'h
consecutive quarterly dividend OF lour
cents a share amounting to Sai65o.VI
making 'he totaI di'iu'hus OF inc
company Ss'"''d"'-o'
shipment OF ahother carload OF ore
IRON 'he Mlllard tease, above Lane
'''E' N 10 De made during ihe week.
according 10 the Ely ENpositor' me
ore " expected 10 prlhg returns Wh'eh
VIII net sood proh'
Announcement OF recent big
STRIKE IN the copper mines oi the Ian
dore Mining company. IN seven Dew
lis district, Is reported. The ledge In
reported to be sixty feet wide and
the ore VIII run 40 per cent copper
a test Of the Goodrich well, In the
san Juan oil field. which proved that
II Is to be an important producer was
made a few days ago with an ordl'
nary bailer three barrels OF oil were
raised from the well In twenty min.
utes.
After being In ore for twenty-five
feet, the Tunopah Belmont shaft has
passed through the ore body first on.
countered at the iOGo.foot point.
proving the new vein to be fully NJ.
teen feet wide, all OF which carries
milling values.
Available statistics point strongly
TO a more favorable statement from
the Copper Producers association Tor
this month than the month previous,
due. in n large measure. to the in,
creased exports. which promise to
press 100000 pounds.
The conner exports for last month
amounted to 20. $50 tons against 81, AZ.
tons for May, 1909. This In a fallinJ
on Of 1854 tons. The foreign vIsibl,
conner supply ON June 1. 1910. wa,
iOG,Sl5 tons, n decrease Of 1907 toni
over the first Of last May.
The second carload shipment ol
hlgh.grade lead.silyer ore from the
Regent mine, in Ferber district Ne
yada, lust across the Utah line neal
The Western Pacific railroad. has been
taken to the Salt Lake market The
ore runs as high as 400 ounces In sill
yer.
The Montgomery Shoshone Consoli
dated company has issued report
Tor the month OF March last. DurinI
this period the receipts totalcd S2G.
2393O; disbursements. S22.S39. 20: mel
gain. s3,399GO The debts. with in
terest. at the end NJ March. amounte,
to S2l9,SSi.l5.
Two large drilling rigs 10 be- used
for prospecting for oil near Moab
Grand county. have been ordered b,
S. II, Barrett. The field extends alont
Grand river about thirty miles. Bry
ant 4 Co. who have the largest hold
lngs in that field. have refused al
offer Of $4,000 for them
The Nevada Hills Mining compan,
had on the Salt Lake market las
week a carload Of ore which show,
values OF $3.50 In gold and l44.;
ounces In silver making the tota
value about sli9 ton. The value o.
the shipment Of 81 500 pounds of or,
Is In the nolghhorhood Of $4,000.