Salt Lake Herald-Republican | 1909-10-05 | Page 12 | Selma Con. in New Control

SELMA CON IN NEW CONTROL Tyng Leach of Nevada and Others to Push the Tintic Prospect Control of oC the Selma Consolidated Min Mining nn nning ing hg company compan recently held hold by Thomas R B Cutler Jesse Knight and associates has been acquired by a new crowd headed by H A Leach e Co Nevada mining man and Charles Tyng who made a fortune fortunen In fn n American Fork canyon c nyon The new owners intend to Inaugurate an energetic campaign of development In the Selma Consolidated property which is one of the most promising prospects in North Tintic At a meeting of shareholders of the company held in this city a new board of directors was elected which Is or organized organized organized as follows Charles Tyng president president dent H A Leach vice president Oscar W V Carlson secretary and treasurer E B BIt ER EB It R Morgan L I C Peterson John and J C Jenson Mr Leach who has been successful in mining raining In Nevada when visiting in this city had his attention called to the ex prospect which the Selma Con Consolidated Consolidated Consolidated has of ot opening important ore bodies and he expressed a desire to see seethe seeth the th property Finding It all that It had been bren represented to be he lost no time In fn Joining the crowd which had been given the chance to take It over upon favor favorable favorable able abl terms The Th company owns a large group of or claims aims c upon the northern extension of the Colorado mineralized zone A tunnel driven S i t I feet Into mU Int the ground has opened a great grf at veir veil In characteristic Tintic ore orel l 1 1 aring formation Bunches of good ore have hae been encountered and leaching is fco plainly in evidence that the gaining of d L Is regarded as the one thing needful t I j make a i valt vait ah able mine A 1 i shaft sunk feet be below below beW low W the tunnel level discloses continued improvement of the formation n and It Is IsIh the Ih t intention to send ene that shaft down town to th depth of at least several hundred f it