Show SALT LAKE MEN IN BIG COMPANY Ely Consolidated Copper Com Corn Company Company pany With j Launched MINE OWNERS O ORGANIZED OR ADDS NEW GROUND TO HOLDINGS Within the next day or two a 10 corporation will wi ho ba launched in inthis Inthis this city to operate in I Iz tho the Ely mining district White Pino Pixie Nevada It I will wil bo be known Iown as the tho Ely Consoli Consolidated ConsolI Consolidated dated Copper company compan with I shares of ot o tho to par ar value of 10 each Tho The Incorporators Include William Wilam F Snyder Walter G Filer Fier Nicholas Tre week and ad other othor Salt Lakers Lakers together with wit Olaus Olus Geidner of Spokane Wash Vash Tho The new now possessions consist of nine nie claims cams nearly nealy acres of min mm territory flanked on one side Bide and ad one end by the to possessions of the te Nevada Consolidated and ad Cum ground gound This group goUD OUD of claims was wa acquired last lat February and since that that time development work has been steadily progressing Three shafts are going down and ad in addition additon tho company now has ha a diamond drilling outfit at work prospecting different portions of the ground gound at depth The company begins its It career in absolute ownership of every ever inch of its ground and without a single sigle dollars b indebtedness Since getting under tinder way with wih the campaign of development the compa nys American shaft has bas been sunk to toa ton toa a n depth of 20 feet the Zack Zacle shaft shafts Js s 8 down feet teet and ad the tho Brilliant shaft shaf had reached the tho mark a day or two to ago The latter later has his been b en the first shaft owing to its is location to drop crop rop into the ore bodies and for nearly a month now nov It has ha been going down downin downin downin in ore oro that averages around S per cent copper Tho The other shafts will wi soon be beIn bein In ore oro while tho the work of or the diamond drill will wil be an Important factor in quickly determining what the country will wIl show at greater geater depths than has ever been attained In the tho camp The Te deal by which these the properties have been acquired was nut not consummated consummated mated or entered upon until different engineers representing the big operators the proposition had made thor thorough thorough ough ought examinations of the grounds rounds and conditions surrounding surrounding jt These re reports reports reports ports all al showed that conditions were Ideal Idal for or the of big mines and tb methods m to bo be employed in tn proving pro provIng ing in It were then outlined Up to the present moment every calculation has worked out with mathematical preci precision sion fn and the owners owner now consider that If i there has been a n better investment made In the camp of Ely by anybody there thoro has ha beer nothing n the evidence nce to establish such a claim A gasoline hoisting plant was wal re Fe rec c installed on one of the shafts and the th shafts will wU be similarly equipped shortly shorty In order that the work of sinking le crosscutting may be bemore bemore bemore more expeditiously carried on 01 |