The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-08-10
FLORENCE LEASE is
OUT WITH REPORT
Well-knoWn Seven Trouehs Leasing
Company Tells of Present
Conditions.

A report of the Seven Troughs
Florence Mining and Leasing COM
pany has been received This COM
lany was organized some time ago TO
operate a lease on the Seven Troughs
mining ground at Seven Troughs, and
at first it was better known as the
Harris lease. This lease expires July
/, 1912, so abundant time viii be pro.
YLded for the present owners OF con-
troll TO extract the mineral wealth
within the lines of tho block con
signed TO their care.
The company from June 16. 1909,
to June 80, 1910, milled 768 tons Of
Gre. value $2S.S46.45, and close To 20
tons were shipped to the smelters.
netting $6645.2i The expenses were
Sl6,976.56. giving net $lS,51513. On
June 80, 1910, the cash balance was
Syl204. In speaking of the condi-
ton of the lease the report states:
On the 250-foot level. where most
OF the ore Is coming from stoping Is
proceeding vigorously, at point north
OF the old stope, to the 200 level
eboye, on new bunch of ore, there
being barren place between it and
the ore already stopped.
From the 300-foot level winze has
been sunk 105 feet on the vein and
In drift south GO feet, streak OF
high-grade silver ore was disclosed,
while in drift TO the north 62 feet,
high'grade gold ore about six feet
In length and four inches wide was
uncovered Further development IS
necessary TO prove up the extent Of
this ore. Two raises were also made
from this level to the 200 level. and
another to join up with the winze
from the 200.
The indications at the bottom of
The winze and at other parts lu the
mine are encouraging. and for the
purpose of further prospecting the
ground at depth. an arrangement has
been made with the Seven Troughs
Mining company for the use of their
fairyiew shaft and equipment, from
July ] to December so. 1910 to en-.
able The Operator" TO run DRIFT
on the vein at the 600-foot level, nm
der the Florence workings The dis
taDce to be covered Is about 400 feet
| and the work will be pushed ahead
so that there will be ample time TO
| prospect the ground and get any ore
'udl nhdN DB encountered In running
the drift This method will save,
for the present the expense OF sink
| ing the SHAFT and cross-cuttlng to
the vein, which is dipping away from
| inc shaft
The production OF ore was delayed
| on account OF changes that had TO be
made in the mill of the Darby (Ne-
}Ida) Ore Reduction company where
the ore is milled- Milling was start
Cd in April and up to June 80, 76Sli
tons have been millcd, and 19,473 tons
shipped to the Selby smclter at san
| Francisco, which together, after pay
ment of all charged has netted the
| company S1S.515.13 This amount
Is credited on the account Of The
| Operator" who, under tho working
| agreement. has to advance all tho
monoy needed for development, etc,
which amount advanced during the
term Just ended, June so. is $29,-
Ha3.9o. In addition there is about
100 tons OF mill ore on the dump
and at the mill, ana about 100 sacks
of smelling ore that should average
potter than $500 per ton.
The equipment remains the same
as At last report. VIZ. 15-H. p. gas
cline hoist, engine house, blacksmith
shop, cars buckets, tools. ctc. The
lease extends 10 July 1. 1912.