Show GONG GOING DOWN TO THE Lower Mammoth Decides to Sink to 2 Level Leveland Leveland Leveland and Levies Assessment Assessment The directors of ot the Lower Mammoth Mining company have hae finally n aU decided to pound the main working shaft shat down dow to the level without delay This means that W feet ot sinking will wi have to be done and the work will wl require most mast mist likely about six months to accomplish pl h At the te directors meeting yester yesterday yesterday day da when the matter mater was as taken up and decided upon apoi apor an assessment of or 5 cents a share w WS s levied on the capital capita capit of or the corporation the money mone to be applied apple to the shaft work ork The assessment be becomes become becomes comes come delinquent on Dee Dee Dec 18 and sale day dayIs dayI Is I fixed for tor Jan Jan S 8 S Five cents cent a share will wi give the company compan 15 and ad while that Is s a matter mater for tor the future to deter determine determine determine mine the probabilities are that before the shaft is finished another assessment In like amount will wm have Jo o be levied Everything depends depends however on the development work that Is progressing In Intha inthe the tha th mine at the thE present time There are favorable reports coming from the 1700 and other portions of ot the mine and it may be that the one oxe on e assessment will wl see seethe seethe seethe the work through helped out by the ore that is likely liely to be b mined In the mean meantime meantime time At any rate there Is no question but that the directors have hae made the right move In deciding to sink the shaft As A shown hown in the auxiliary shaft work workIngs workIngs workings Ings and the from the level the sulphide zone has been reached and ad ore orE of fine grade has been found but it is out of or the question queston to mine economically econ and take care of or the water that is i likely to make without having the th main shaft down dow It Is 15 believed the thereal thereal thereal real mine exists below the 1800 level in inthe Inthe inthe the Lower Mammoth and as the com corn company compan pany pan months ago installed hoisting ma machinery machinery machinery chinery capable of working at great depth even to the level It Is Isnow Isnow Isnow now proposed to utilize It and open the mine as It i deserves to be opened At 2000 0 feet deep It is not expected that I much di will wl have hae to be done to I gel get the ore as it pitches In the direction of or the shaft shaf from the levels above |