Show R PL GOLD GOED GOL z zA Average A Samples from front Hoff Eoff Placer Show Per Yar Yard Since his return from aff ai examina examination lion tion of nt the te Holt Hoff Hof placer properties on the tb Snake nake river near neA Market Lake ItS ean In S R i Kinney has haz ha received returns frn fn J representing an nn average nr l jiK aris of the 1000 1000 acres em braet brad d in the th property One assayer a f jf of IJ 18 cents cent per ani another nother gave gave cents the average of or me the two being 1607 cents Cont IJ t cubic r jard yard Jud Kinney ri that the aver average average age depth from surface to bedrock is about fifteen feet two feet r et of or soil sl and f tt of f quartz and oUter other gray grav gr I tl J 7 On this showing howing for the benefit of lum hi and the other th r Salt Laker Lakers LulEr who wh j I et O j f y bei beame ame with wih Mr r heft ld r rr f r the ru purpose of f working th s TK 11 jf has bus prepared a statement to ti t H what can tan be 00 nith lh the tp no to under tinder construction with rith that ina of oJ gravel gael The plant Is la constructed On plans plan that that call cal for fora a laity daily daiy capacity of oo 00 yards but in making his estimate j Mr Kinney throws ws oft off of the and fig figures fg figUrea ures Urea the actual saving at 5 3 cents c qt pei pe cubic yard At that rate rt the gross amount amount of gold collected daily daiy will be lc a Counting twentysix working daY daYto t to the month it will wl save saV The h j total cost c st of ot operating tle tte dredge e is ia j I Iset set forth in detail at 1958 per month i or 75 76 a day With a gross saving of and a total expense of 1958 the monthly earning earing capacity of r the plant plantis is seen to be 1442 or for fr the theten theten theten ten months of the th year y or which th plant can cn be operated II Discussing the te f 1 erne eme ere yesterday Judge Kinney hInney y sai sik thought he would not be accused placing the I average saving too high and nd an hf hp b was sure he had made ample allowance for everything In his estimate of the ex expense expense expense pense go o 0 he felt very ver confident that he and his friends who had gone into the enterprise would come out big winners winner For the purpose of better beter handling their Interests Interest the gentlemen have in incorporated and made the property the basis of f the Hoff Hof Dredging te Exploration lon Lion company |