The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-01-09
AROUND THE MINES

Il
nut the keystone mine in the Park
City district once more into the active
class has already been begun.
New quartz properties In the kus-
kokwim country. long believed to be
one Of the richest mineral sections OF
Alaska, viii produce several millions
Of dollars In gold this winter.
James Hulse. who Is leasing In the
territory adjacent to the Boston and
Phoebe mine, now owned by the Mas
cot Silver Mining company. recently
broke into a three-foot face of lead
carbonate ore.
With the opening OF spring. depth
mining operations will be resumed ON
the Bellorophon, the Silver Wave and
the Yankee claims. In American Fork. |
Utah, district. now being worked By |
the American Leasing company.
An ore shoot, said to be the larg-
gest ever opened in the mine, has been
found on the 950foct level Of the
Prince Consolidated o. Gold Circle.
Nevada. The shoot Is reported to be
Eve feet wide. assaying $45 per ton.
Ebert II. Gary. chairman Of the
board Of the United States Steel cor
pOration, declares that the steel strike
is ended and that the mills are 0perat-
ing mt near full capacity. The strik-
ing workmen aver that the strike has
only begun.
The Gold Crown mine, which lies
about six miles west Of Milford, Utah.
has caused considerable excitement
and interest among mine owners, Of
adjoining properties on account Of Its
high valued silver ore which Il being
encountered.
Preliminary work on construction OF
what will probably be, when completed.
one of the largest shale plants In
America has been commenced by the
, American Shale and Petroleum COM
pany of San Francisco on its property
situated near Green River. Wyo.
. The output of gold, silver, copper,
lead and zinc from mines In Utah In
! 1919, according to Victor 9. Seikes
D of the United States geological sur
] vey, had value of about $45,. 80 900,
e | u
r $41, 100000 from the value Of the out.
e put In 1918.
Satisfactory progress is being made
In the drift which is being driven BY
!. the Tintic Paymaster company from
. the $50 level of its main shaft. This
/. drift was begun about a month age
: to cut two important veins, which or
the Lehi Tintic estate have beer
proved to be highly mineralized.
. Alaska's mineral output in 1919 wa
= the smallest of any year since 1910
= and its value was less than half tia
i OF 1915, preliminary estimates Of tn
!. geological survey made public show
!. The output FOR the year brough
= only about $1S,S5O,OOO, as compare
N with 2S,254 900 in 1918 and $4S,6OO,0 90
Il IN 1916.
az A new and important discovery ha
es been made that promises to extern
IN the territory of the Candelaria district
n In Nevada. To the northwest Of Car
r. delaria is a section that for year
N has been passed over, prospectors nc
e even thinking it worthy to monument
vs. As usual this has been changed by
10 "tenderfoot" so far as mining is cor
III cerned.
of Total sales made on the Salt LAX
stock exchange during the year 191
Ia have more than doubled those of til
ms preceding year; the report Of the L
SO cal stock exchange shows that the pas
mt year 23,3S9, 100 shares, with a marks
nj valuation of $5,O76,21O92, were trade
Se. in, as compared with sales Of 11O59
II. 3S7 shares, with a valuation of $2,17
RS 449.O4, for the year 1918.
nd Mining engineers have solved Il
ne historic prophets problem and have Ii
m orally moved the mountain to NJ
a homet." Ten million feet of Sacr
ke. mento hill, adjoining Bisbee is beir
wn shoveled by steam and carted avs
ny by railroads, so that the Phelp
iy, Dodge corporation can reach 7,OOOO
to tons Of copper ore which Is part
the qualifications Of the Copper Quet
mine.
At no time in the history of Il
a. Columbus Rexall property at Alta,
49, is declared, has there been the pro-
~ Using showings of ore that there a
AZ. at present, yet, at the same time,
ia Is impossible to even approxima
~ what the showings will amount to- al
,or there is still large amount of wo
~, to be done before the manageme
TOO will be in a position to get line
49,. what it has.
"a. The total dividends paid by min
OIL of the state Of Utah during the pa
ion year compares unfavorably with t
% year 1918, in which dividends to t
amount Of $19,511, TABS were {
the clared, as against $29, 339. 451 In 10
ma and $24790 140 in 1916. Dividends q
nat tributed during the year bring t
ing grand total paid out by mining co
.oai panies of the state well above t
Try, $500 100000 mark
'' Most promising conditions prevail
W.. the Alta district, near Salt Lake. Nj