Show THE GOLO FLINT li An Idaho Producer of fterit and Great Promise t A QUARTER OF A MILLION f ESTIMATED AMOUNT OF M AL I SIGHT Conditions at Dawson City Returning Return-ing Klondiliers Speak of the Coun try I Glowing Terms Twenty Tons of Gold Will Come Out Nest Summer Activity In Stocks Bulls and Bears Engage In a Sharp Struggle For Supremacy Sale of Grand Central Silver King MeetngTe Old Board of Directors Di-rectors Unanimously Reelected Mercur Mercury Notre and I Bullion Silver and Lead Mining Notes and Personals I I Many Salt Lakers are interested in the d dtvelopment of mining properties I in Nevada Oregon and Idaho and with I varying success but there is probably no venture of this kind which gives better promise of ultimate success than the Gold Flint mine near Leesburg in I the last named state The Gold Flint is owned by a Salt I Lake company and although i ha been steadily worked during the last two years and has rill 4he earmarks of developing into a rich and heavy producer pro-ducer of the yellow metal but little has been said of i and there are doubtless doubt-less many Salt Luke people who are ignorant of the existence of such a property and of what is being done in its development and operation A number of years ago the gold placers plac-ers of Leesburg were renowned the world over and It is stated that the j f output of these diggings will total up Ito i-to the handsome sum of 20000000 I i is generally considered i that this statement I state-ment is about correct and th se placers I I are still unexhausted and give promise of still enriching the world for a longtime long-time to come j On the mountain side just back ofJ I these diggings is located 1 the Gold Flint group of four patented claims through two of which a strong ledge is tractable and it is on one of these that the company has concentrated its efforts I ef-forts and performed its development work the workings consisting of two tunnels run in on the vein The upper tunnel or tunnel No1 at the present time is in a distance of 330 feet the face being at a vertical depth of 120 feet below the surface croppings the same exposing a 12foot bodv of solid free milling gold ore which will earn average values ranging rang-ing from S10 to 300 to the ton and on this splendid body of mineral an upraise up-raise is being made to the surface i being anticipated that the entire distance ere dis-tance is a solid body of good milling ereThe The lower tunnel has been run in on j the same vein but at a vertical depth of 250 feet below This tunnel is now in a distance of 400 feet At 290 feet the vein was crosscut showing a body of mineral 1 feet in width whose gold contents will average 13 to the ton while at 390 feet another crosscut was made exposing the vein for 1 feet assays says showing the presence of gold to I the extent of S10 to the ton and UD to I 30 besides some silver and it is the intention of the management of the company to extend this lower tunnel tp a point to where an upraise will make connection with the face of tunnel No 1 when a magnificent body of high grade mineral will have been blocked out outThis This Is a most promising showing and I i Is estimated that in the workings of the mine a quarter of a million has i already been blocked out j The two tunnels have recently been i equipped with steel tracks and cars i I I and under the efficient management of Superintendent E Magner who has the reputation of being one of the most capable and successful mine managers in the west work is being pushed with a force of seven men it being the intention in-tention of the company to begin the erection of a 20stamp mill in the spring it being possible that the Pela tan Cleric process of reduction will be employed in the treatment of the ore The property is ail clear and paid for and there is money in the treasury to pay for contemplated improvements and developments and as nearly all the I stock is held by officers of the company I com-pany and by officers of the Illinois Central railroad at Chicago thtJre is no doubt but that the enterprise will soon be on a footing so that it can be classed among the regular dividend payers of the west The officers of the company who are I Salt Lake people are as follows Judge J W Burton president and financial agent Ed Magner vicepresident and i I manager J I Stoutt treasurer and J C Creighton secretary On the property of the company there is heavy pine timber and an abundant supply of water sufficient in fact for I poses alt necessary mining and milling pur |