Tintic, American Star

While it is not generally known it is nonetheless a fact that the American Star, Black Bird, Triangle, Early Rose, and other claims adjoining the Eagle & Blue Bell, Victoria and Chief Consolidated holdings are just now coming in for considerable development work. Some time ago the Tintic Mines Company was organized to take over these claims and since that time an entirely new company has been organized to take the options which were held by the original company.

The new corporation is known as he American Star Mining Company and its capitalization has been placed at 1,000,000 shares of the par value of $1 each. The officers of the company are A. N. Holdaway, president; James P. Graves of Boston, vice president; Imer Pett, secretary and treasurer; and these with H. U. Hart and George Smoot constitute the board of directors.

The work which the company is now doing is handled through the Eagle & Blue Bell mine.

Mr. Holdaway, the president of the company, was in camp this week but when asked regarding the company's plans he had but little to say except that he was more than pleased with the prospects of opening up another big mine. He considers the ground which the new American Star company is working the most valuable undeveloped section of Tintic. The claims are owned by local people who have already received substantial payments. Other payments will become due early in the new year and here appears to be absolutely no question but what the new company is in position to come through with the coin.

According to the report of Manager A. N. Holdaway of the American Star Mining company, operating in the Tintic district, made at a recent meeting of the directors, considerable work has been accomplished in the development of the property since operations were commenced early in the summer. Some l,000 feet of underground drifts have been completed, and underground and surface surveys for the purpose of locating a suitable site for the sinking of a permanent working shaft have been accomplished.

The American Star claims are situated between the Chief Consolidated and Victoria properties and adjoining the Plutus on the east and the Eagle and Blue Bell on the west, the work to date having been performed through the Eagle and Blue Bell shaft. The operating company of which Mr. Holdaway is president and James P. Graves of Boston is vice president has already made payments on the ground and spent in development $20,000, and it is stated that there is $5,000 in cash and 675,000 shares of stock for a working capital still in the treasury. There are also some options on the ground yet to be paid off.

American Star Mining Co., Utah
Office: 403 Dooly Bldg., Salt Lake City, Utah. Mine office: Eureka, Juab Co., Utah. Imer Pett, pres, and gen. mgr.; Jas. B. Graves, vice-pres.; Fred R. Sands, sec.-treas.; preceding officers Geo. E. Davis and Thos. P. Billings, directors. Organized 1909 under laws of Utah, as successor of Tintic Mines Co., capitalization $1,000,000, shares $1 par; issued 599,500 shares. Lands, 2 claims, 25 acres, including the Town View group and other properties lying between the Victoria and Chief Consolidated mines, and touching the Plutus on the east and Eagle & Blue Bell on the west. Mine has about 1,000' of workings, made from the 900' level of the Eagle & Blue Bell mine, and plans a 1,100' shaft, about one-half mile southeast of the Chief Consolidated. Workings show an ore channel of about 60' width. Property considered promising.

American Star Mining Co., Utah
Office: 403 Dooly Bldg., Salt Lake City, Utah. Mine office: Eureka, Juab Co., Utah. Officers: Imer Pett, pres, and gen. mgr.; Jas. P. Graves, v. p.; Fred R. Sands, sec.-treas.; preceding officers, Geo. E. Davis and Thos. P. Billings, directors. Inc. 1909, in Utah. Cap., $1,000,000; shares $1 par; issued 599,500 shares. Property: 2 claims, 15 acres, between the Victoria and Chief Consolidated mines, and touching the Plutus on the east and Eagle & Blue Bell on the west. Mine has about 1,000' of workings, made from the 900' level and 1,000' from the 1,350' level of the Eagle & Blue Bell mine, and is developing through the Eagle & Blue Bell, in 1917. Workings show an ore channel of about 60' width. Property considered promising.

American Star Mining Co., Utah
Office: 403 Dooly Bldg., Salt Lake City, Utah. Mine office: Eureka, Juab county. Utah. Officers: Imer Pett, pres, and gen. mgr.; Geo. E. Davis, v. p.; Fred R. Sands, sec.-treas.. with Jas. P. Graves and Thos. P. Billings, directors. Inc. 1909. in Utah. Cap., $1,000,000; shares $1 par; issued 704,500 shares. Property: 2 claims, 15 acres, between the Victoria and Chief Consolidated mines, and touching the Plutus on the cast and Eagle & Blue Bell on the west. Mine has about 1,000' of workings, made from the 900' level, 1,000' from the 1,350' level and about 600' from the 1.875' level of the Eagle & Blue Bell mine, and is developing through the Eagle & Blue Bell, in 1919. Workings show an ore channel of about 60' width. Property considered promising.

American Star Mining Co., Utah
Office: 403 Dooly Bldg., Salt Lake City, Utah. Mine office: Eureka. Juab county. Utah. Officers: Imer Pett, pres, and gen, mgr.; Myron K. Billings, v. p.; J. R. Brain, sec -treas., with Jas. P. Graves and Thos. P. Billings, directors. Inc 1909. in Utah. Cap. $1,000,000; shares $1 par; issued 704,500 shades. Property: 2 claims, 15 acres, between the Victoria and Chief Consolidated mines, and touching the Plutus on the east and Eagle & Blue on the west. Mine has about 1,000' of workings, made from the 900' level, 1,000 from the 1,350' level and about 2,100' from the 1,875' level of the Eagle & Blue Bell mine, through which development is being continued. Workings show an ore channel of about 60' width. Property considered promising.

Shipment of four carloads of ore during the past two weeks from the American Star Mining company's property, situated in the Tintic district, has aroused considerable interest, in local mining circles, since conditions at the mine and the well-planned policy of operation of the controlling corporation, the Bingham Mines company are of such a character as to indicate that Eureka will have another steady ore producer.

The estate of the American Star Mining company lies in the heart of what is at present the most productive portion of the Tintic district. While not large in area, it is very favorably located with respect to known ore channels and structures favorable to its mineralization. The company's holdings, which extend from Gardner canyon northerly to the southern boundary of the town of Eureka, is entirely surrounded by property of the Chief Consolidated.

Development was started about ten years ago in a northeastern direction on the 1350 level of the Eagle & Blue Bell, also controlled by the Bingham Mines company. This drift intersected the Centennial fault, near the southern boundary of tho American Star ground. Development along the fault disclosed lead-silver ore in small lenses. A large body of barren quartz was also discovered. While this development did not show a commercial deposit, the results were considered encouraging and indicated the discovery of a new ore zone. The 1875 level of the Eagle & Blue Bell was then extended through Chief Consolidated ground into the Star estate and a winze sunk to the 2025 level. Development of the Centennial fault was carried on from both the 1875 and the 2025 levels, disclosing lead-silver ore in small bunches in a number of places.

In the meantime the Chief Consolidated had established a new ore zone under the town of Eureka, with a trend toward the American Star ground. Therefore a raise was driven from 1875 level. This working intersected ore at a point 219 feet above the level. A sublevel here has developed an ore body 28 feet wide between walls, which has been drifted on for 50 feet. Although the entire deposit is not of shipping grade, workable bodies of good grade are found. From all appearances the ore is similar in general character to Tintic ore occurrences.

The American Star Mining company is a Utah corporation organized September 2, 1909, and capitalized for 1,000,000 assessable shares, having a par value of $1 per share. Of the capital stock 705,500 shares are outstanding, the remainder being in the treasury. The officers and directors are as follows: Imer Pett, president; M. K. Billings, vice president; J. R. Brain, secretary-treasurer, and James P. Graves and Thomas P. Billings, directors.

Earnings of the Victoria and the Eagle and Blue Bell properties of the Bingham Mines company are said to be very gratifying, inasmuch as the grade of the ore is running higher. Since the American Star mine, another property in which the Bingham Mines company owns a large interest, was brought into production, a total of thirteen carloads of ore has been marketed.

The American Star deposit, it is reported, has been opened up for a distance of 110 feet on the level where it was first exposed and raised and sunk upon for about 90 feet. Although the ore is not all of high grade, the showing is believed to be of exceptional promise. New ore bins, made necessary by the increased production of the Bingham Mines properties, are being completed at the Eagle and Blue Bell mines.