Show THE DEL RIO MINE special correspondence wallace idaho aug 11 advices advises from stites idaho are that negotiations are under way between a french syndicate and john massam of elk city for the purchase of the del rio mine on american river near elk city it is expected the deal will be closed within ninety days between and is involved adolph chalas of philadelphia and louis vanzac lanzac of paris who in company with W T birdsall birdsail of spokane has been at the property making an examination for the purpose of reporting on it to the foreign capitalists have gone to the east the del rio is one of the richest and best developed mines in the elk city district and mining men familiar m aliar with the property predict that the french company will take it over the mine has several hundred feet of tunnels exposing a vast body of high grade ore and there are several hundred tons of ore on the dump ready to be milled |