The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-03-21
BOSTON HEARS OF
/. UTAH METAL PLANS
Largest Combination of Min
eral Ground in Bingham
Attracts Notice.

|
ground in one ownership in the Bing-
ham district has recently been effected
by the consolidation of the Bingham
central and the Bingham Standard cop
per companies, with the Bingha m Metal
Mining company, under the name of the
Utah Metal Mining company. says the
Boston News Bureau Title to all claims
and properties of these companies has
been conveyed to the new company in
all embracing over 3,400 acres of land, of
Which over 16t0 acres are open and
proved mineral ground
The signal advantages claimed for this
combination are:
First-MOre mineral acreage than all
the other prominent companies in Bing-
ham combined.
Second-Plenty of water for all power
required for construction. development
anG ira importation, with surplus TO sell
Third-Plenty of timber for all mining,
railway or any other known purpose.
tourth-A tunnel from the ToOele side
OF west mountain to Bingham, two
miles in length, affordirg Transportation
Tor ore of this, we'll as other COM
panles. to the new International custom
smelter, reducing the present distance
from Bingham to this smelter from thir-
ty-flVe to seven miles.
ReSult-LOWeSt cost of construction
development and producing of ore; end.
IN addition transportation system of
great value
Large ore bodies of commercial value
nave been known to exist in these prop
critics since the first DAYS of the discov-
cry OF ore in Bingham, but owing to the
ditficulties of procuring cheap tTanspor-
tation and dumping room, which affects
every property in Bingham, they have
not been worked systematically.
Driving Deep Tunnel.
The economical development of these
bodies has been solved by the deep tun-
mel which has been in course of con-
struction from the Tooele side of West
mountain; the company owns in add-
uon, water power sufficient for all its
mining and electrical machinery for
t b9r nagor the tunnel extracting ore and
able water power anywhere in Bingham.
This tunnel when completed will be the
district.
company are the whole of what is known
as West Mountain, on the Bingham side
OF which are several of the most famous
locations OF the district. such as the
Mountain Maid. Jeff Davis, Whitley Ju-
COW. ''9
The Mountain Maid tunnel is $50 feet
long and for 300 feet is in lead. silver
Two hundred and fifty-four feet above
the Mountain Maid tunnel is the Whit
ley tunnel. 1000 feet deep. passing
through some of the best rock In Bling
ham.
The Jeff Davis tunnel extends over
1000 feet, cutting fifteen assures of 2
per cent copper sulphides with gold and
silver values. These were penetrated
Tor goo feet and crosscut for $50 feet One
hundred and fifty thousand tons of this
ore have been blocked out
In the Amelia tunnel above the Jeff
Davis tunnel, the same ore appears, in
suTIng 10 feet of stopping ground.
The new deeD tunnel under construc-
ton from the TOOele side of West noun
tain should cut this ore body at a depth
of 800 feet below the Jeff Davis tunnel.
and complete the blocking out of an ore
body 300 feet in length. 80 feet in width
and 675 feet high. which. estimating four
teen cubic feet to the ton, would yield
over 100000 tons of ore
Leasers in $50 Ore.
From the Burning Moscow claim.
which is one of the most famous in Bing-
ham, leaseTs are now taking out ore
near the surface yielding $50 per ton.
Ore bodies in the Julia S. Deems and
other noted and proven claims in Bing-
ham viii be cut by the new tunnel at a
depth of 1000 to 1900 feet.
The new tunnel is constructed for 5000
feet from the TOoele side of the noun
tain. its portal being only five miles dis
tant from the new International smeIter
Extensive work is already begun double
tracking the tunnel with thirty-five-
pound rails, in enlarging the flume to
capacity of 1900 gallons per minute;
building additional reservoirs for storage
OF water, of which the company has
abundant supply. Besides this the prop
erty acquired contains an abundance of
llnnoer, which with its water power,
gives unique advantage in construction,
as well as in the extracting and trans
portatlon. The high cost of transporta-
ton on the Bingham side of the West
mountain by wire trans and railroad.
in order TO reach mill or smeIter dis
tances varying from thirty to thirty-five
miles, by steam or electricity will be
offset by these natural advantages.
Which should reduce the cost to the low
est point yet attained in mining
The pecuniary needs of this cOmbina-
ton. for the purpose of completing the
tunnel and preparing for blocking ore.
have been met without any public offer
ing. The company is capitalized for l.
800, 600 shares. par value So: $4,000 shares
are held for the treasury for constrIc-
ton and development: 715.0OO shares are
held for the original owners of the prop
critics, in escrow with the Common
wealth Trust company of Boston for |
two years One hundred and fifty thou |
sand shares of the treasury stock have
been sold and the entire proceeds of this |
sale are being already used for develop |
ment and tunnel extension.
Application has been made to list this |
stock on the Boston curb. and il is ex-
pected to start there at about s. a share |
Sues for Ore Extracted.
Attention has recently been drawn to |
this company in the public prints before |
any announcement of its plans had been /
made, by the suit which it has instituted |
against the New England Gold & Copper |
Mining company for $500, 900, which lat |
ter company. it is claimed. has been TAX |
ing lead ores from its property on the |
east side of West mountain. Action 1
gainst other concerns where copper /
ores have been extracted are also in con- /
temptation.
Much of this companys property has
remained so long in an undeveloped state /
that it has been looked upon as rather |
free ground.
The Utah Metal Mining company has |
been organized under the Ia ws of Maine |
with the following directors and officers:
Directors-James E. RothweIl. Boston, /
trustee Boutwell, estate; Cabot ]. |
Morse of Parker, Morse & Co; William |
NJ. Walden. Martin A. Taylor of F. H. /
Prince & Co.; II. p. Clark, president I
Merchants bank. Salt Lake City; Walter
B. Farmer Boston; John NJ. Masten,
Wa shington. d. c.: William z. Hub
bard, Salt Lake City; Richard w. Samp-
son,\Salt Lake City; w. . L. Dillaway,