The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-21
UTAH APEX PROPERTY
IN SPLENDID SHAPE

The Utah-Apex company is now ship
ping l!5 tons OF ore PET day 10 It's Phoe-
month Tho mill won't into operation on
January |, 1al0. and has been success
from the start II Is now turning out
high grade lcad-silver concentrate (about
forty-iire tons daily that will average ~
per cent lead, ten ounces silver. and 10
per cent copper a ton.
Development work is proceeding on the
third, fourth and seventh levels and in the
Parvenu tunnel
Since tho last annual report was pub
lshed, September l. 1909, two new ore
Paryenu. The DanaLis equaling expecta-
lions. The ore lis found in the assure
and lime beds and the indications are
strong that from tho fourth level to The
surface the ore is 1900 feet long, 300 feet
wide and twenty feet thick without TAX
ing into consideration the values below
milling grade of first quality. Both Con-
sulting Engineer Jennings and Manager
Oliver are enthusiastic over the showing
In the Dana and look for big things in a
short time when f1rst-class shipping orc
should be found.
Under date OF June Consulting Engl-
neer jennings writes the Boston office:
OF attraction at the present time. is now
up about ninety feet last thirty feet OF
which has been in to 10 per cent orc.
beds. though I expect that they must be
very near If there Is any significance
In this great thickness of ore. II Is that
We have perhaps tho largest body of lead
many years. ] still think that we arc on
the eastern edge of II. and we will develop
better ore as we drift west from the top
OF the raise.
THE Dana stope (incine) has face
OF seven feet OF ore that has assayed for
the last few days from rs to- 81 per cent
lead. This is the best ore that we have
ever got I'm the Dana ground.
In regard 10 tho tonnage OF the Dana
ore body. if You will assume a block of
ground 500 feet long 200 feet wide and
twenty feet thick, allowing ten feet to
the ton. you will note that you have
about 100000. tons in this block. OF
course. this is not in sight entirely, but
Il is reasonably certain that 1t Is there:
Now II you extend this block upward. NIL
Will say Is that you Will get a lot more
ore. We are anxious to get the develop
the guesswork part Of 1t will be nearly
eliminated by the middle OF the summer.
so we VIII try and keep on the
conservative side until we are perfectly
there all the same"
An official of the company says;
The present indicat ations are that the
mine will demand milling facilities for
500 tons, which should enable the COM
pany to enter the list OF dividend pay
ers.
main lead-silver mining proposition,
and while II was supposed TO be copper
mine, the same its neighbor. the Utah
Consolidated. II will not look for or open
up its copper reserves when the develop
ment OF the past two years has shown the
probability OF It's becoming one OF the
great desilyerIzed mines. OF this country.
In these days Of porphyry giants and
overproduction Of copper. 1t realizes that
while II has today indications Of having
few superiors rs lead-silver mine. II
will probably never gain equal prominence
as a copper mining company, notwlth-
standing all the encouraging copper de-
VclopmentS'