Show PAYMENT MADE ON special correspondence reno nev dec 5 the offer which was made some weeks ago by a prominent bromine nt colorado mining operator fora fora control ot the stock of the macuba silver tin copper mines company has been accepted the necessary papers have been signed by both parties and the buyer has placed cash in the farmers and merchants bank to be added to the companas comp anys treasury as a starter for financing the extensive development already under way while it is the intention of the management of the macuba company to continue the development of the original ore body where over tons of probable ore going better than 3 per cent copper and 1000 tons going over 12 per cent copper with silver values in both as well as the shoot where tons of ore carrying one per cent tin has been developed it is also planned to systematically prospect the immense estate of 1580 acres of mineral ground which the company owns in fact this was already started before the deal above mentioned was made and it is meeting with gratifying results on the north end of macuba hill fully a mile from the main workings a very promising ledge is being prospected and assays essays have been secured which run as high as 5 per cent copper and nine ounces silver to the ton there have been no important developments on the tin ore shoot of late and though this is looked upon as a side issue by the macuba people where tons of I 1 per cent tin ore has been uncovered with but little development it is more than a possibility that a pay tin mine will be made macuba hill is twenty miles west of imlay on the main line of the southern pacific |