Show BIG MONEY FOR PARK PA RK VALLEY Fetterman Feterman Godbe and Others to Cut Loose COMPANY BEING ORGANIZED i GILL GIL PEYTONS LUCK MINE BOUGHT BOU Ou AT SHERIFFS t SALE SA i it I iI THERE Is no longer 10 any doubt that THERE I the bond held on the ithe Planetary groupS group in Park Valley ley district distrct will willbe be exercised nor that the strong conk com company COt pany by which it is to be taken over j will engage in active work Wor at the camp during the present winter and next net i spring spring Papers Paper were being drawn yes yesterday yesterday i for tor the Golden GoldenRod Rod Mining com company pany with wih a capital of in 1 1 shares hares to operate the property under the bond and ad later to complete the purchase George R It Fetterman Feterman the I well wel known kown De Lamar merchant and operator is named as president of the new company Joseph oseph will willbe be vice president the other directors I and incorporators being Ernest Erest Godbe of at De Lamar Patrick Sheehan and A AH AH H Godbe of ot this city The corporation Mr Godbe said yes yesterday yesterday yesterday I Would be in the nature of a close one as a none of ot the stock would be placed d on the market The forma formation formation tion ton of a company was decided upon as asa as asa asa a matter mater of business convenience be between tween tureen the parties partes named and it i is learned that all aU the money necessary to carry out the plans of the purchasers ers will wIl be raised among themselves The property is being acquired from W H Weyher who has been retained us u manager of the property In n fact operations have haye been under way since ince inc early in the fall fal when Godbe and Sheehan examined the ground gound and secured the bond Yesterday Mr Wey Weyher ber her was wa waS In the city purchasing the te nee necessary essary essar supplies s ppl s to carry Out the new plan of campaign ordered at the prop property property property erty and his business concluded he pulled Dulled out o t for camp again agin last night to remain until Christmas His pur purchases chases haes Included 1000 feet of iron rail rai another another outfit steel powder and other materials necessary to o the accomplishment of the work planned and during the remainder of he winter work will be crowded in three tunnels each to develop a sep irate krate and distinct ledge Since operations were resumed dur during during ing the fall fal work has been confined to pushing the tunnel on the Mammoth laim From the mark the face te has been advanced 17 feet while an another another another other feet will carry car the face di directly directly recty beneath the great blowout of ore are areat at the surface and provide a healthy block of ground grond The tunnel on the Alice lee claim is now in a distance of 30 feet is to tobe tobe tobe be crowded to a connection with the ledge some feet farther In This will vilI wJ give a vertical depth of feet or Dr feet deeper than th n the bottom of the shaft shaf in which such a splendid id showing howing of ore are now exists When the theace theae theace ace ae of the tunnel reaches a point di dl beneath the shaft shatto the latter later will wille v ill illse se oe e connected by an upraise when the remarkable Alice Alee ledge will wl be ready reay for or the active mining and extraction of re at a minimum cost cost It I has also been decided to open the t third parallel vein on the property which is disclosed In the Rover claim The tunnel there is in only seventy feet Ceet but Manager Weyher calculates that by rushing the work w rk that ledge also can be opened at good depth be before before before fore spring rolls rols aroundS around Some S me little snow has fallen In camp the past week or two but no noone 10 noone one is complaining on that score In fact Mr Weyher says the operators in inthe inthe inthe the camp will wl welcome all al of the beautiful that may come during the winter as It will wil mean much to those who go into the milling business next year ear and he expects expect to see two or three new ney plants in commission commission before the season Is very ver far advanced He Ie Ie reports greater activity In the dis at the present time than was ever before shown and that substantial re results suits will wil follow f lo he declares there is no reason In the Ule world to doubt Ev EY Every cry ery claim owner and prospector In the camp campis is now comfortably housed for the winter and so far as he has been able able to learn nearly every ever property will wi be Continuously worked |