Show ON GOLD MOUNTAIN New Company Organized to Exploit Territory in the Southern Camp I Richfield Sept l1he latest con poratlon organised In Gold Mountali district Is the Signal Peak Minim company with headquarters In I lch field Tl is valued at 30000 there beIng I be-Ing 300000 shares of a par value of 10 cents each The ofllcers are D D Hanks president Al llowley vice president K E Hoffmann secretary and treasurer and these three and W C Dodge and Joseph II Nelson director rectors The territory acquired by the Signal Peak company embraces twelve claims known as the J II Nelson J J Nelson Nel-son No n r II Nelson No I J H Nelson No n 1 II Nelson No fi 1 April Fool Golden Gate Yankee Girl Yankee Yan-kee Girl No 1 Signal Peak Signal Peak No 1 1 and Signal Peak No2 They lie near the head of Deer creek on the Fish creek side of Gold mountain moun-tain Just west of the Annie Laurie Extension I Ex-tension and about a mile and a half south of the Annie Laurie Immediately Immediate-ly two shifts of miners will begin the driving of a 1000foot tunnel on the April Fool This tunnel will be so situated sit-uated is to develop the entire group In another tunnel on tire April Fool claim Ire ore has been followed for fifty feet with most gratifying results but this working is now to be abandoned aban-doned because in It sulllclcnt depth would be Impossible There are three welldcflncd fissure veins outcropping on tire Signal Peak group and from all the data now available avail-able they appear to dip at such relative rela-tive angles as will bring them nil into one mammoth vein at a reasonable depth AI I u length of about 300 feet this big tunnel to be driven will tap the first of these three ledges nnd an additional 700 feet should reach the third al a depth of 700 feet The upper tunnel was driven almost parallel with the I formation but the main working tunnel upon which operations will now bo confined will crosscut all three lodes The personnel of the new corporation ly I a strong one Mr Hanks Is a merchant mer-chant and mining man of TCureka MesFrs Rowley Dodge and Nelson are among the Gold mountain p lone era who have with good cause pinned their faith to the camp and are now more than ever before sanguine of Its future Secretary Hoffmann Is I a prominent lawyer of Rlchflold |