Show TOMBOY BUYS FROM REVENUE special correspondence ouray colo july 25 the tomboy company has bought from the revenue company feet of the vein together with other ground in what is called the montana group this is the second large purchase made since the organization of the english company in 1896 and like the first purchase the second will probably add many years to the profitable life of the enterprise the tomboy has just paid its usual semiannual semi annual ten per cent dividend amounting to the montana vein has been extensively developed by the revenue company and the character of the ore opened is said to be weir adapted to treatment in the tomboy mill which is thoroughly modern in its equipment the old revenue mill has been closed down it would have required a large outlay to put it ini in shape tor for the economical treatment of the montana ore whether any plans are under consideration for the development of the virgin ground still owned by the revenue company is not noi known A E reynolds of denver and M D thatcher of pueblo are the principal stockholders the old virginius mine which forms part of the territory owned by tho the company has been one of the largest producers in the san juan A vein four feet in width ave averaging ragine g 24 a ton in gold is reported in the tunnel driven by the angel al company which avns rv ns feet on the bimetallist vein and feet on the lloyd vein the ore f i was found at the intersection of the two veins this property as well as the virginius the camp bird and the atlas is in the sneffels els district of ouray county I 1 in the red mountain district on the indiana group owned by T B crawford of denver a five foot ore body in length has been opened and a large production is assured the wanakah company which has been making a regular production from the bright diamond and adjoining claims near ouray has bought the orient group on cascade mountain and is planning systematic development |