The Idaho recorder., 1921-05-06
MINES AND MINING

|
Moab. Utah. is again under way after
a five-day shutdown, due 10 a broken
fly wheel of the engine.
Drilling operations will be started
on the I'm creek. down ia the Gintn
country. as soon as the necessary ma
ch'nery can he assembled.
Acquisition of royalty contracts, IL
Is said promises 10 become feature |
of The oil investment activity Ia Utah |
aS a result of the expected oil boom |
III this state.
Shipments hy the mines OF the Park |
City. Utah. district for the week end
ing April - showed an Increase 10 a
total of 1921 tons, NJ compated with a
total Of it--1 for the week preceding.
Confirmation of the report that the
Prince Consolidated Mining 4 Smeit
ing compans's main working shaft had
entered minernlized formation at a
depth of approximately zoo feet has
been received
Recent closing of the copper mines
al Butte has resulted In bringing Ia
the surface horses and mules, some OF
which have not been above ground for
fifteen years, The sunlight .iaxed
them for several days,
II Is stated that the officials Of the
Paloma Mining company have def
nitely decided 10 enter the oil game
by the acquisition of desirable per
nit or lease holdings when the move
Is considered desirable.
4. W. Wright Was In Moab from the
carnotite mines southeast of Moab,
recently. lie stated that he has been
blocking out ore the past month aud
| has carload of high-grade uranium
| ore ready TO be taken out aud sacked.
| Interest Ia the oil situation In Utah
notceahiy Increased during the past
| week. aud developments showed that
there was also an expansion la the ter.
ritory that IL attracting the attention
OF substantial oil-producing com
panies.
Fatal accidents at coal mines aud
metal mines during the period 1911 "a
1910 show gratifying decrease, es
pecially when considered Ia eonnec
ton with the annual increase In The
number receiving rescue aud first-ait
training,
Authentic Information received from
he OpMr Silver Mines property 1
thu. the tunnel which Is being extend
, ei 10 the main branch of the Buck
| .,n fa.S -
, quartz, which Is streaked with seam
. OF ore. samples OF which run abov
forty ounces Of silver,
. Well known Denver men are ldef
\ titled with the uintah Basin OH
: Refining company. which has acquire
J leases aud permits on approximatel
! l0Up acres In eastern Utah oil neid'
. Some of this acreage II located clos
Q TO the big Six well nj Moab, and
y structures Ia the north.
Although reports on the copper sitI
!. alton from eastern financial center
. are not by any means glowing. sii
various encouraging signs can .
!, dlscerned The demand for copps
!, stocks is growing Buying Is said
:, be mostly ~ mn investment ehnraets
= made by shrewd Judges ~ values
Concentrate eighteen tons ia one
Il shipments from Telluride station
!. Colorado ia March total"d Ill cnr
u equal 10 ~ 300 ions OF crude oi
II lifted from the mines. This eompar'
a. with about ~ 800 tons ia irIpp
Creek and 2oDD tons 40 IendVili
II giving Telluride first place IN q
10 producing column.
70 That gold mining i coming aga
g. Into lts own rapidly ts said Ia be e
g peeiully true Of California. \ g"ner
L revival Of gold mining T. repotie
ie according. to the san Frnnciseo thfn
D. lcle. ia Tuolumne, n Dorado Amad
~ aud other Mother Lode couultr~. ~
D. pro~pectars again active ia tb" hi
y fer tho first time iu three S"afN.
The cau.olldalrd coppormuo- 20
nany. Wsa-c property is sstuht"d
n. liy. Nes.. has sent out from ~" y"
In circular letter "a stockholders i
n. noinclns ii sioHngpo bond issue.
hn is The purpose ~ the company ht
th sale of lhe~e bonds Ia pas ~
70. floating indebtedness aud also p
- vide n fund for future constructs
Nv work
~ The Rice Milling and Mining 80
:" pauy. which had planned 70 hrihg
idoton mill from ltachfort. ;. u
be used on the Mother lo'i" mine
- The oragrnnde district 10 hufih idn
~, has abandoned "a" plan on account
- the excessive shipping expense.
:. company now plan, 20 move it, sir
-. tone. teA.,ihnp mill from the Al
-, mine. about fourteen miles away,
a.. the mother Lode.
The American Mining congress
devoted certain portion ef ST. 4
-, for The past year ia The drYel"ptn
90. 81 an oil -hale division, and r"npi
.rPa fyaftDu Df this division - 4