Show GEMINI MINE MIN POSTS SECOND DIVIDEND Of OE 10 PER PR PE SHARE SHAft Announcement has Just been made of ot the tho posting of the semiannual dividend of ot 10 a share b by tho the Gemini Mining com com- pany There are arc only shar shares of oC stock In this company and anc this l Is the second disbursement nt that has hl been mo made e eb b by this company this year V This Thle brings s the total dividends V paid pid up to 2 This property was operated a number of ot years ears b by the owners but of ot recent dateR date a R large larg force torce of ot leasers leasen arc aro extracting the ore The production has been at the tho rate of from 1500 to 2000 tons a a. 8 month tough though the out output ut I last st month Is given as 2 2500 OO tons The Tho average erge grade Jrade of ot the ore orr orr Is fifty ounces and from 12 to 15 per por cent lead head to the ton The rhe leasers lensen are arc ar working on tho the Various levels evel from the down donn to the 1670 level V V The Tho mine has been opened up to tea a depth at 1900 feet and It was wa found n necessary to Install pumps an several years ear ago to getto get getto ge to the theore ore In these lower oer workings Some ot of this product was of a good god commercial grade but the pumping was wae discontinued after a time tile Uie te owners ownen claiming that a 0 fair profit had ban been shown from the op- op at at greate r depth Adjoining the Chief Consolidated and ome oine of or the other properties that have been ore developed de to considerable depth It Is expected that that fome om f Jo Jot Joint t arrangement will wi eventually c be made mae for these o mines mine at nt a R later date It I IB Is II evident that several mines can make a profitable ore orf extraction to a depth of 2000 feet teet or beter better and this I Is one of the big mining propositions owners owner tons to be taken up by the Tintic mine mint |