The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1921-05-09
Mines AND MINING

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fly wheel Of the engine.
Drilling operations will be started
on the Hill creek, down in the Uinta
country, as soon as the necessary ma
chinery can be assembled.
Acquisition of royalty contracts, it
is said, promises to become a feature
of the oil investment activity in Utah
as a result Of the expected oil boom
in this state.
Shipments by the mines of the Park
City, Utah, district for the week end
ing April 70 showed an increase to
total of 1921 tons, as compared with q
total of 1857 for the week preceding.
Confirmation Of the report that the
Prince Consolidated Mining & Smelt-
ing company's main working shaft had
entered mineralized formation at a
depth Of approximately 700 feet has
been received.
Recent closing of the copper mines
at Butte has resulted in bringing to
the surface horses and mules. some Of
which have not been above ground for
fifteen years. The sunlight dazed
them for several days.
1t is stated that. the officials of the
Paloma Mining company have def
nitely decided to enter the oil game
by the acquisition Of desirable per-
NIT or lease holdings when the move
is considered desirable.
4 G. w. Wright was in Moab from the
carnotite mines southeast Of Moab,
recently. He stated that he has been
blocking out ore the past month and
has a carload Of high-grade uranium
ore ready to be taken out and sacked.
!. Interest in the oil situation in Utah
;n6tlceably increased during the past
week, and developments showed that
there was also an expansion in the ter
ritory that Is attracting the attention
OF substantial oil-producing COM
panies.
rdIdl dGClucbtS uL COdl uuiuSo anu
metal MINIS during the period 1911 to
1920 show gratifying decrease, es-
pecially when considered in connec-
ton with the annual increase in the
number receiving rescue and first-aid
training.
Authentic information received from
The Ophir Silver Mines property is
that the tunnel which is being extend
ell to the main branch of the Buck
horn fissure, now has full face Of
quartz, which is streaked with seams
Of ore, samples of which run above
forty ounces Of silver.
Well known Denver men are iden-
titled with the Uintah Basin Oil &
Refining company, which has acquired
leases and permits on approximately
10000 acres in eastern Utah oil fields.
Some of this acreage is located close
to the Big Six well at Moab, and on
structures to the north. l,.,~~
Although reports On the copper stu
alton from eastern financial centers
are not by any means glowing, still
various encouraging signs can be
discerned. The demand for copper
stocks is growing. Buying is said to
be mostly of an investment character
made by shrewd judges of values.
Observation-Disclosures tons in one
shipments from Telluride station in
Colorado in March t0taled ia cars,
equal to $1,000 tons of crude ore
lifted from the mines. This compares
with about 1880 tons in Cripple
Greek and 10000 tons at Leadville
giving TelluIide first place in the
producing column. - ''~'
= That gold mining is coming again
into its own rapidly is said to be es-
pecially true Of California. A general
revival of gold mining is reported,
according to the San Francisco Chron-
icle, in Tuolumne, Ell Dorado, Amador
and other Mother Lode counties, with
prospectors again active in the hills
for the first time in three years.
The Consolidated Coppermines COM
pany, whose property is situated at
Ely, New, has sent out from New York
a circular letter to stockholders an
nouncing a $10,OO00O0 bond issue. 1t
is the purpose Of the company by the
sale of these bonds to pay up the
floating indebtedness and also pro
vide fund for future construction
work.
The Rice Milling and Mining COM
pany, which had planned to bring a
1GO-tOn mill from Rochfort, s. D., to
be used on the Mother Lode mine in
the Orogrande district in north Idaho,
has abandoned the plan on account Of
the excessive shipping expense. The
company now plans to move it's sixty
tone, ten-stamp mill from the Atlas
mine. about fourteen miles away, to
the mother Lode. .uT-
The American Mining congress has
devoted certain portion of its time
for the past year in the development
of an oil shale division, and complete
organization of this division is now
being effected. 1t is anticipated that
If will he one Of the most imnortant