Show I FINANCING PLAN FR FOR BLACKHORSE Amalgamated Interests Are Being Closed Out by byNe Ne Nevada Nevada vada ada Mines In the interest of a a financing plan by which it I is expected to make active the leading lode and placer mines of ot the tho Blackhorse district the properties es of at the Amalgamated Nevada Mines Ines Power company are on April Apri 16 to be sold at sheriffs sale sal in Ely Nov Nev Ne to satisfy a Judgment for In favor of the Ne Nevada Nevada Nevada vada Mines company 00 Money to protect the options ns upon properties including 33 3 lode claims eight placer claims ranch lands and the th water waler rights of several streams which have their source in the vicinity of ot Jeff Jef Davis peak was lent to the Amalgamated company by the Ne No Nevada Novada vada vad Mines company which Is a new company formed fored by large interests In Amalgamated The foreclosure sale is presumed to be bethe bethe bethe the final act In straightening the finan financial financial cial tangle Into which the affairs of the theold theold theold old company became came Involved In regard to the value of at the properties which the new flew company will wi unquestionably take takeover takeover takeover over there ther is no question queston They include the San Pedro mine which has a consid considerable consIderable considerable erable tonnage of f gold milling ore blocked out the Mabel group in which was found some Bore of ol the richest ore ever taken from a Nevada mine be besides besides besides sides other promising lode prospects placers placer which need only water to be made richly productive and rights to all al the water needed Among the first things thing to be under undertaken undertaken taken taleen Dy ny the new company will wi be the building of ot a quartz mill mi and the con can constructing constructing of diverting works for utilizing the mining water supply in milling and placer |