Show S I NEW MINE FOR HEAVER NTY Local Operators Organize a Company to Operate Fine Ground at Minersville To operate the Young Youns America group of or four tour mining claims two miles from Mi Minersville iri Id the Lincoln Beaver eaver county count the Young America Mining com corn company company pany was organized and filed tiled its articles of or incorporation yesterday The company is capitalized for tor shares share par value a 5 cents and of ot the stock has been converted into treasury stock for tor devel development development development purposes 3 14 J Evans is dent Charles Morrison vice president and general manager T O 0 secretary and treasurer these with Patrick Ryan Ran and D P constituting the board of ot directors One thirty and one shaft has been put down on the lode that traverses the ground and ore are running as high as ounces silver 12 gold and well up In lead has been mined from these openings while all of or the ore so far tar encountered has been of or a shipping grade We Ve have a splendid showing in the shaft said Mr Ir Morrison one on of the best miners In the thc state during the I Iday day and arid it is the intention to continue i development at this point Later we shall I take up the work of or sinking the thirty I foot toot shaft shatto which Is located at a lower point on the ledge to a depth of or or feet teet and then drift In the vein toward the shaft in which we to first do our prospecting and development With lass pay ore or to work in from the start we have every reason to believe that we can make a big producer of ot the property It being simply a matter of or de development development and equipment Our ore are Is a afine afine afine fine carbonate and galena in character and the only anI reason in my judgment which is backed with the disclosures made that the property prop was not converted into a mine long ago is the fact that the ground was not understood I have not the least doubt of at securing results from the campaign that has been planned and which is to be carried out by b the company we have organized to do It Manager Morrison is particularly well posted on the characteristics of or the min mineral mineral mm eral belts of Beaver county count and those of or orthe the Lincoln district in particular He knows the mistakes that were made in the palmy palm days das of at old Minersville and Is now In a position to apply appt that knowledge in a away away away way that will count for tor his company compan The Theold Theold Theold old mines of the Lincoln district are being brought to the front again andIn almost every eve instance of ot where new propositions have been tackled the results have been commensurate with the energy ener and mon money money money ey expended upon them |