Show CLOSE DEAL IN PIOCHE MINES Consolidation of and Becomes a Fact With the actual signing by them of ot the contract for tor consolidation of ot the Ohio Kentucky and properties In Pioche district officials of the tile tucky company yesterday released the in formation that such consolidation had been effected The contract had before this been approved by controlling Inter Interests ests eats of the company so that there is no longer doubt of the deal dool go ing tag through The contract provides for the forming of a new corporation to be known as DS the Consolidated Pioche Mines company one half of the entire capital stock of will wilt be owned by the com corn company company pany the tM other to be the prop erty of ot the company Bach Each Bachof of the fhe he old companies will hold In its treas tress treasury treasury ury as an assent its share of ot the stock of the new company The president of ot the new company according to the agree agreement agreement ment mont is to be named by the company while the managing director will be named by the com oem company company pany Arrangements for financing the new company for an energetic ener o campaign and arid for building a concentrating mill to treat the ores of the consolidated con properties have already been made It Is expected that about sixty days time will be re ro required required to complete all details of ot organization and financing but in the mesa mean time the mine workings are being cleared out shafts are being and ex ox tests of the ores to determine the process best adapted to their treat treatment treatment ment merit are In progress Includes Three Mines The properties Included in the consoli dation include three mines the Raymond Ely the Susan Duster Buster and the Green Greenwood Greenwood Greenwood wood No 1 shaft a affair thoroughly equipped Is centrally located for working the three mines to advantage and there is Js an excellent mill site close to the dump of ot that shaft The shaft is 23 feet deep It Is Intended to at once sink it to the tha level where it will intersect the Raymond Bly lily black ledge and where connections will wil l be made with the Susan Duster Buster and Green GraM Greenwood Greenwood wood ore bodies The Greenwood ore body Is 16 a new discovery discover on the black ledge while the Susan Duster Buster ore body is in a parallel vein Immense tonnages of sll aft v ores orea are exposed in all oi ot the mines The Raymond Ely Bly mine produced some In the early earl days of ot the camp working only to the level on its bonanza ore body and leaving the sul sob sulphide sulphide ores untouched from the surface down That the ore bodies extend to great depth there is no doubt Ends Factional Troubles The Th mines have been Idle for Cor years on Oft account of ot apex disputes The consolida coR ollda tion lion adjusts all troubles of that charac ter and as officials expressed expressed ex ox pressed It yesterday there will be no fur ther factional differences the hitherto contending interests in the Pioche district t will work together for success It means thorough revival of ot the old camp With present pre ent day processes for concentrating the ores carrying zinc values alues which gave the early operators so much trouble profitable production by the mines for foi r many years is assured Mills of large barg e re capacity will be built as rapidly as pus pos possible sible and it is likely that a smelter wil l soon be provided |