The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-01
REPORT UPON UTAH
METAL IS RECEIVED
Details of Tunnel Through
Oquirrh Range Are Given
to Shareholders.

The shareholders OF the Utah Meta
are in receipt Of a statcmeu
rom the directors describing properL,
of which the following is /
part;
On April IL current the tunnel was
finished from the Tooele end 910S
feet. Add 80 this the amount al
ready completed on the Bingham side
$40 feet, made total footage com
pleted 1i.ooS feet The total length
Of the tunnel when completed viii be
1l,i9i feet. There were, April l., 40
feet yet to be finished. Present
progress is about ten feet per day,
working two shifts We should have
made greater progress. but IN Febru-
airy ground was heavy and cavlnE.
and heavy flow of water developed.
Since June last fifteen different
seams OF ore have been cut. varying
in width from a few Inches TO two
feet In three of these drifting
shows favorable indications. One
seam has developed good conceptrat-
Ing ore and somc shipping ore, Dritt-
Ing OH these veins, and possibly on
others. Will be more extensively done
on completion of the tunnel,
4 daily flow varying according to
the season, OF from 600.o 900 10 100000
gallons OF water has been developed.
We are negotiating for tho sale OF
this water To different consumers, and
have practically closed a contract for
n considerable part of It. When the
tunnel Is finished we should also be
able to negotiate contracts for carry
Ing waste Of other companies TO our
extensive grounds In Middle canyon,
on the Tooelc side of the mountain.
The amount expended On the prop
crty since the present management
took charg Is S2G5. 999.42.
Your attention Is called TO the pos
slbillties of the territory which the
company OWNS. SO far as they are to
be estimated from the production of
neighborlng, properties. The ground
of the United states Mining COM
pany lying to the east Of us and
bounding our property, produced. ac-
cordng to the annual report Of That
company for the year 1912, 5!l06
per ores, This production was made
despite the shutting down Of The
mines during part OF August and
September on account OF the BlnG-
ham strike The report of that COM
pany also states that considerable de
velopmcnt work has been done during
the year and enough ore was uncov-
cred to continue the reserve unim-
paired.
The UtalI Consolidated company
produced from It's psoperty-whlch
lies To the west OF the ground OF the
Utah Metal Mining company. sepa-
rated from IT only by the New Haven
company's property. which is also a
producing property-l59. .li5 dry tons
OF copper ore; 23,713 dry tons of
first-class lead ore. $50 dry tons OF
lead concentrates. or total OF
lSS, 3S6 dry tons This Is according
To the report of the Utah Consoi
date Mining company. This report
also states that the ore reserves In
sight were 25l. 500 tons OF copper ore
and 24l00 tons OF flrst-class lead
ore: besides Il. 600 tons OF lead orc
which viii require concentra tion. No
report is available OF the results of
the Bingham New Haven company's
operations, which property adjolns
that Of the Utah Metal Mining com
pany on the west; but IL Is said that
they paid several dividends during the
year 1912 and have n good sized sur
plus in the treasury. No one Is jus
titled In denying surely that there
should be large deposits in the prop
crty OF this company and lis min.
eralized territory is larger than these
properties together,