Show BEAVER VER CIT CITY MEN MENT MENTO T TO DEVELOP MINE Form Arrowhead Company to Operate Rich Indian Peak Property A strong company has baa been formed In Beaver City to take over and to op operate orate erate what has been boon known as the in Jn dlan dlab Peak Pok mining mininG property In Heaver Beaver county Forming Foring of oS tho company m is 8 due to tho the efforts of ol J D Bagley and andS S J J Carpenter who about two Bley months month ago obtained an option opton upon the prop property erty and had It I thoroughly examined by Expert Export Charlos Charles A A Porter Tho board of ot the new company will wil consist cons bit of or seven member two of t f whom remain to be chosen The oth others org ers arc are John H II Barton president J JF JF JF F Tolton Talon treasurer C C A Porter George Georgo E LeFevre and J T T Tanner Tho The company Is Incorporated lor tor 1990 shares par value 26 6 cents cena cn toU The report upon tho the propertY made by bT Mr Porter says th the Hearer Beaver Press shows that that It Is destined to be b coiro couo COIrO one of the tho largest producers of or orore S ore ora Ira of medium grade in tn Beaver county count Average samples taken from all nl of oS the workings gave values of 31 per cent lead 16 15 ounces silver and abu about 40 cents In gold Not ot only Is I h there thore in insight insight n sight a n great deal of ore which will 1 concentrate to advantage advant but the company expects to be ie able to commence snipping shipping crudu crudo ore at once onoe While Whilo the tho property has ha the dl disadvantage vantage of being twenty miles from railroad It I has ha what might might be bo termed tore compensating advantages advantage advantage In the form for of timber Umber and a plentiful supply of or water A fine spring on the ground affords sufficient water for milling miling and domestic purposes It I Is said Kid Aside from the ore showings In shallow shallow shallow low workings upon ev evory ever cry ory er one of the eight claims aro are described as presenting possibilities for development which are not often oCon found oven even In Beaver Dever county Tho The now no company has been named name the Arrowhead Mining company |