Show PIOCHE METALS COMPANY IS MAKING THE FUR FLY About sixty days ago It will wilt be re remembered remembered tee Consoli Consolidated Consolidated dated company contracted the sale IBle of its property J S 5 Free to a crowd of or local operators including John A Kirby John T 1 hudson Hodson W AV A II Webber I Frank Cook M I M 1 Johnson Robert N Bell and antI others on a basis of ot tiO I or 10 1 cents a share for the stock of the com corn company compan pan pany Tile The purchasers agreed to do a lot lotof lotof of or development worK wont and in considers consideration tion lion of or that thai they ther were given a long time tima timen in n which to rUlly their option With the property which they already i owned adjoining the com corn ground and their option as a oasis recently organized the Pioche Metals Mining company compan Yesterday It was wa announced by Mr Ir free that short though the time has been een since the option was acquired the new company crowd has taken up practically practically practically of or the shares In Iii tOe tn vending company thus making tile the 11 Pi Pioche o he Metals company s control of two tw thirds of oL the stock absolute The Tue deal dealIs deals Is s one that thai th l has been beon and aud is being rounded out on sC t Lt part lart cash and part stock stoel in the then new n w company compan basis and on the or ot the he present month a special meeting m of tile lie Consolidated company will be called for the purpose of or accept acceptIng accepting Ing ng the resignation of or the old directors and filling mUnS their places with directors of the he Pioche Metals Metai company The management of the latter is now DOW I conducting a lively campaign campal of develop development ment mont and exploration at the property with the main object in ii view of otter aster mining the spot at which l H big double compartment and manway working shaft shall hall be put down Drifting both ways waS wayson waSon on the 1 toot level of or the old shaft is developing a lot of or rich riel ore from which shipments will be made by b and by b work ork has already practically decided the management on the for the th new shaft the sinking of which will soon com corn commence commence mence with powerful hoisting works orka and substantial surface improvements to foi fOl fOllow low ow lowThe The treasury of the operating company Is s in good shape in addition to the Ute nearly shares of ot treasury stock still till there Is approximately Io COO in cash on hand And there is also a crowd of ot operators operator at the helm who wao know enow kno how to mine and in this instance they hey know just what bat they are mining for or as the wealth of ot the ground Is practically practically practically demonstrated |