Show GOLD COn GROUP SOLD More Camp Floyd Properties to be Opened Up Another purchase of considerable importance im-portance has just been made in the Camp Floyd district and through the negotiations negotia-tions which yesterday reached a successful success-ful termination B T Lloyd secured for a syndicate made up of himself and several eastern people the Gold Coin group of mines located one mile north of the Mer cur group and composed of the Gold Coin Gold Coin No cmpose ad 6 the Border and Border No2 besides a fine spring of water with sufficient flow to supply a mill The deal involves the imcdiate payment pay-ment of the sum of 4800 to the former owner Messrs Bragnon Murphy and These properties have been only rudely developed but they have seven feet of milling ore now uncovered The vein Is well defined and dips to the northeast running northwest and southeast in porphyry por-phyry and lime A tunnel is now being run on the Gold Coin No5 but Is is the intention of the purchasers to drop down the mountain some 200 itt and drive into in-to catch the ore down where the vein has without doubt widened out very materially material-ly The vein can also be tapped at the bottom of tho canyon some SCO feet below the mouth of the 200foot tunnel The syndicate will also put a force of men to work on the other side of the hU on the Border No2 and develop the east side of the canyon This is considered ono of the best facilitated groups in the district and the new owners are firm In the opinion opin-ion that they have a great thing in reach |