Show DEXTER PEOPLE HAPPY the officials of the dexter mining minina company and resident stockholders are feeling highly elated over recent reports from the companas comp anys tuscarora nevada mine the prevailing impression in mining circles in this city ay being that it will not be long now before this bonanza proposition will have reached a dividend paying basis on wednesday of last week word was received from the mine that an important strike of high grade gold ore had been made in an upraise from the foot level the mineral being a free milling product carrying values of to the ton in the yellow metal the te vein at this point has been uncovered by crosscutting cross cutting for 60 feet most of the ore being a high grade milling proposition the indications being that the ore body is all of feet in width the ledge bein being streaked with alternate layers of high grade and milling ore the announcement of this disclosure caused considerable excitement among the dealers in dexter paper and this excitement was intensified the day following upon the receipt of another communication from superintendent in harley milner in which the statement was made that in the running of a drift on the level to the northwest one of the north and south veins had been encountered in which there is a foot of ore which pans from 50 to 60 in gold to the ton while in the same drift a five foot body of rock has been exposed which is is free milling and which assay essays s 20 to the ton in the wall street metal these disclosures in the estimation of the officials of the company are of the utmost importance inasmuch as they have been made in virgin ground there being every reason to believe that in this locality bodies of ore will yet be uncovered which in point of size and value will more than duplicate the discoveries made years ago on the foot level from which over one million i in the precious metals was taken the dexter is shipping gold bullion and crude ore to the salt lake market with pleasing regularity the enterprise is of gigantic proportions entailing a large outlay in its inauguration but now from all accounts the trying time in the history of the mine has ajen been passed and stockholders are firm in the belief that they will soon be receiving substantial returns for their investment and their year or so of patient waiting |