Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-12
MINING, BUSINESS AND STOCKS.
MAKES STATEMENT
shows Work Being Done I'm Mine and
What the Various Ore
Bodies Contain.

A statement telling OF the Cedar
Talisman Consolidated Mining com
pany has Just been issued and It shows
what II being done at the property.
The report reads In part as follows
The property Is located in the center
OF the star district near Milford, In
Beaver county, Utah. II consists OF 10
claims and mill ste--a little over
300 acres OF land. II Is surrounded by
the Red Warrior Moscow, Hoosier
Boy. Leonora, orphan Boy and Wild
Bill II lies west OF the Harrington
Hickory and east OF the famous Horn
silver mine, all Of which are shipping
ore
The Cedar-Taliaman formerly was the
property OF two distinct companies; the
Cedar Mining company and the Tans-
man Mining company, the shaft houses
being only $50 feet apart. Later the
two companies were consolidated ana
strong interests took hold of the prop
orty. The latest and most modern
machinery was installed and ali the
work rs being done economically ana
scientifically The main shaft which
was formerly the Cedar Shaft Is now
down 500 feet. Exceedingly valuable
ore bodies We're encountered ON the
200 and 3O0-foot levels:. over 100000
worth of ore has been shipped from
the mine.
on the 400 foot level drift has just
encountered the same beddings as
were cut on the 200 and 300-foot levels.
\ nice ore body was uncovered here
which has been raised up So feet and
win2e has been sunk upon II go feet,
all in ore which ASSAYS 20 per cent lead
and so ounces In silver
drift run to encounter the bedding
on the 500-foot level has just resulted
In the largest strike ever made In the
history of the mine. A silvcr-lead ore
body was uncovered which measured
over 10 feet In thickness and sample
taken. entirely across the face OF the
vein assayed 1853 ounces silver and
$3.50 per cent lead. There Is about loo
feet Of stopping above the strike and a
winze being sunk shows that the body
increases I'm width and richness as
depth Is attained.
ORE IN SHAFT.
on the 14O- foot level in shaft No 2
p body Of ore about four feet in thick
ness and from 10 feet to IL feet wide
has Just been opened up with a
practical certainty that II continues to
where II outcrops on the surface. Thi.
body runs 30 per cent lead and &c
ounces silver. by the car load.
These three sources Of ore supply (the
400 level, the 500 level and the 40 leve
in shaft No p will enable the company
to maintain regular shipments from
now on and the management expect
To send out from three to five cars pei
month which will be materially In
creased as development work goes on
Striking a low average and figuring
on the basis of 40 per cent lead anc
20 ounces silver TO the ton, IL Will bt
seen that at present metal prices Ni5'
per cwt. for lead and "a cents per ounce
for silVer) the ore viii bring from Si'
10 $50 per ton. The total expense o
transportation and smelling is abou
$50 per ton, so that the ore should ne
about $4,000 per car.
One car a month will pay all operat
ing expenses. and as there are no debts
the returns from all other shipment
will go into the treasury.
I'm addition to the work being uon'
on ore. much new development WorF
is being rapidly carried on at various
places In the mine.
Near where the large ore body wa
encountered on the 500. raise is bein,
made to connect with the three uppe
holdings which on the higher level
were extremely rich In ore This shOul'
soon prove an excellent shipping source
EXPLORE LARGER VEIN
on the 225-foot level drift Is beini
run south. which we believe viii prov
/ the most important work ever done al
| the property. IL will explore the larg
| est assure in the Star district. and vii
| be driven into the west contact between
| the limestone and quartzite. Their
| seems no question but that the larges
| ore bodies yet uncovered viii be en-
| countercd here. This drift VIII also Gu
| the Zinc vein, which near the suriac
! is about eight feet thick, and run
| about Is per cent zinc. \ car recentl
| shipped netted s24. 20 a ton This vet
| viii be cut at an excellent depth, an
| no doubt will prove an excellent ship
| ping source The lead silver and zin
| veins are two distinct veins, both NOV