The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1920-03-17
MINES AND M|k|N;|

Oil strikes in the Roundup anO
LewistOwn districts of Montana have
stimulated interests invested in oil
leases in the Potter basin OF the
Shield valley.
The Uranium vanadium mines Of
northern San Juan have been work
ing steadily since last fall and pros
poets are good that they will be
pushed steadily ahead.
Modern methods Of mining and eX-
plOratiOn promise 70 make productive
the property of the Hamburg Mines
company, situated about nine miles
from Phoebe, Nevada.
! While there, has been but very little
news from the Lehi-Tintic property
during the past few weeks it is stated
on good authority that the work is
going along. in fine shape.
Fereseeing an oil famine, the gov
eminent and private oil interests have
begun survey of Mexico aud Latin
America. with view to locating new
fields to supply the United States.
A law should be passed giving Il
bonus on new gold production, in the
opinion of Dean Minor Roberts of The
School of Mines of Washington and II
well-knowp. consulting mining engineer.
At the Eureka Lily property, Tin
tic district, after sinking nearly @N
feet below what is known rs the 100
level, the miners are now cutting out
station and getting things in readi-.
ness for drifting.
The Standard Oil company Of New
Jersey has applied to the New York
stock exchange for permission to list
$9S.33S30O of its common shares, as
we'll as like amount of Z per cent
cumulative non-voting preferred stock.
The American consul at Chungking,
China, reports that asbestos has been
found in various parts of the wealthy
province of Sus-Chuan, particularly
in the district of Yachow, the Chen
chang valley, and the mountains around
Ta-chlen-lu.
! Activity in the mines of the Park
City district has been. normal during
! the past week as is evidenced by the
ore shipments from properties of the
camp, total of 2213 tons, as COM
! pared with a total of 231 tons for the
week preceding.
Reports come from Gold Circle that
developments in the lower workings
of the Missing Link, one of the Big
Chief group, is proving it rich mine;
also that the Elko Prince is now do
ing. more development work and eX-
tracing more ore than ever before.
| Ore shipments from the mines of
the Tntic district for the past week
tOtaled 1853 carloads as compared with
i 139 carloads for the week preceding.
| Increased shipments from the Tintic
Standard and the Dragon mines is
mainly responsible for this marked in
crease.
One of the most interesting mining
propositions in Tintic at the present
time is the Big Hill of the least side
This company got busy late last year
and since that time they have put
their main shaft down to depth of
600 feet and are now drifting on the
600 level. s..ss. ,s
Silver mining is becoming increas-
ingy profitable at Cobalt, Ont. Dur
ing the past week a total of about
$622, 444 worth of bullion was shipped
from the mines in this. section. The
Nipissing sent out 226 cars contain
ing 301, 1S9 ounces, and the Mining
corporation shipped 100 bars of 1OO,-
1888 ounces.
An asbestos claim has recently been
located in Apache county, Ariz. The
deposit Is said to be extensive, having
been traced more than twenty miles.
Vein exposures are so prominent that,
according to reports, one can, without
the aid of miners tools, pick up ton
or more of crude asbestos that has
broken down from the exposures. !
Sunshine district, twenty miles
south of Winnemucca, is gradually !
coming into the limelight. The Neva-
da Sunshine company has been ex-
tracing small amount of ore stead
lily the past few months, sending out
car now and then worth about $500
ton in gold, silver and copper. This
ore has been increasing in value Of
late.
Operations at the property of the
Cottonwood Metal Mining company in }
the Big Cottonwood district have pro-
ceeded steadily despite the condition
Of the weather. During the month Of
February sixty-five feet of progress,
was made in driving the adit, which,
1t is planned, will cut at depth all OF
the important ore-bearing assures of
the district.
Oil production in Texas In 1919 to-
tailed 7O,315,476 barrels, with an esti-
mated value Of $133, 057 ,941, against
"a, 485,148 barrels in 1918. valued at
$63, 1876, a gain Of 1O4 per cent.
Exceptionally fast progress in driv-