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Show ANTELOPES MAYBE SOLD Big Deals Pending in Beaver County Mining Properties Near MUford Negotiations which will mean much to the mining interests of Beaver county if the big deal is consummated, con-summated, have been announced by the Salt Lake City mining journals. The News was apprised of these negotiations ne-gotiations some ten days since, but cautioned not to make the announcement. announce-ment. The deal, if closed, will, we are informed, include the Antelope Star, and possibly some adjacent properties. The big feature of the transaction though to this community communi-ty is the fact that it will interest Eastern men of large capital in Beaver Bea-ver county properties and assure extensive ex-tensive development work. We clip the following from the Mining, Oil and Industrial Record of Salt Lake City: "That large Eastern Interests are about to finance the Antelope Star on a scale that will immediately put it in the class of mining projects of the first magnitude and result in a campaign of development and mining min-ing that will totally eclipse past operations op-erations that have resulted in many important disclosures, became doubly doub-ly apparent during the week when evidences of great activity impending impend-ing in this issue were manifested. Eastern interests that are said to be among the most powerful now interested in-terested in the mining game, have been quietly buying Antelope Star for some time on a depressed market until their newly acquired holdings have come to assume an important place in the control of the property. It has now become known that these interests are consummating a deal that can mean nothing less than great activity for Antelope Star in the near future. "Plans and projects, it is said, will mature soon that can have no other effect than to stimulate this issue to an activity never dreamed of in any of its past performances. "In the meantime, reports from the property during the week were to the effect that red oxide of copper, cop-per, worth several hundred dollars a ton, has been struck in the east tunnel. tun-nel. The management, however, has refused to affirm or deny this, but Intimate that something will be doing do-ing at the mine soon. "Superintendent A. C. Nebeker's report last week was to the effect that a cross fissure was intersected recently by the east tunnel and that a good streak of lead ore in this Assure As-sure was leading them into what was apparently a large ore body in the junction with another fissure just ahead. He also reported that the south tunnel, which had been following follow-ing ore continuously almost from the surface was still In ore, with a junction junc-tion not far ahead that promised a sensational enlargement of this body." |