| Show YELLOW TIGER WELL FINANCED by A J MOORE goldfield nevada april 9 general manager gordon M bettles is out with the statement that stock stockholders bold ers of the yellow tiger have responded to his appeal tor for funds to the extent that tha abood treasury is now in hi hand and active ans willip will progress OA on the stonewall property of afi the companoia com company panyIA ra short time lime ago Al manager lanager bettles wrote each individual stockholder in effect that as there were about shares remaining in the treasury lie he would give the stockholders the privilege of subscribing for the same at a figure below that at which it would later be offered to the public he now states that the responses to his appeal have been such that the treasury is well provided for and there is so little stock left in the treasury that it is hardly worth his while to offer the same he further states that the success of the campaign is such that not only will the stonewall property start under development but work on other claims of the company may start the stonewall property is located about fourteen miles southerly from goldfield and comprises seven patented claims the company also owns the group of six claims which are an extension of the stonewall and were located to cover a tunnel site and for other development work only one small portion of the stonewall main vein has been developed to date but in that little work an ail ore shoot of great promise has been opened while values only run about 1650 the character of the exposed ore is such as to show leaching action of the surface waters and the theory prevails that at depth these values will be added to the much higher grade ore and a very profitable discovered the company is well equipped with machinery bunk houses etc the tunnel will be driven to develop at greater depth and is expected to tap a water supply for mill as well as cut two very favorable contacts of igneous rocks with limestone it is here that higher values are expected |
