| Show EMPIRE MINES AT TINTIC CAMP surrenders CONTROL TO STANDARD the following report just sent out to the shareholders of tile the empire mines company confirms the report that the tintic gintic standard company assisted in financing the campaign of work recently taken up in the empire mines ground around and makes it certain that the control has or will pass b to the standard the report which follows is signed by J william knight and R E allen alien president and secretary respectively lor for the empire mines it at a meeting of the directors just recently held it was decided to resume operations at the companas comp anys property and work was immediately started in fixing up the equipment ment at the lower mammoth shaft this shaft has a depth of 2000 feet and is equipped with a h p electric hoist tile the necessary cables cages cages 6 cars and air lines in fact everything to be used in the development of the property at the time work was discontinued some few years ago they had just completed driving a drift some feet east from the 1800 foot level of the lower mammoth shaft at one point in this drift a fissure 33 feet between walls was cut showing values in silver gold copper and lead A little further on another vein 7 feet between walls was cut and another 3 feet between walls these veins also show values up to per ton no prospecting or developing was done on any of these fissures and it is our intention now to first prospect the big fissure the empire mines holdings consist of approximately acres of ground surrounded by such famous producers as the mammoth grand central iron blossom and dragon the territory that is to be developed at this time comprises a section of the companas comp anys property in which very little work has been done and which now apparently proves to be some of the best undeveloped territory in the tintic gintic district having to the north of it the mammoth mining company now developing a very large 6 body of newly discovered ore it is our intention to continue a very active campaign of development work and in order to do this it is necessary foi or us to dispose of the remaining shares of the treasury stock which willbe will be offered to the stockholders of the company our treasury consists of shares which will be offered to the stockholders of record on the basis of shares for each 1000 shares which they now hold at 15 cents per share this offer will be held open for 30 days from date and you should mail your application to the afie secretary as early as possible in case you desire more stock than your allotment kindly findly include payment for any additional shares you may desire cesire and in case the stock is not all subscribed ty by the stockholders you will be allowed to take up tip this additional subscription from the stock payment nt for stock should accompany your applice application aaion we might also state that the tintic gintic standard mining company has just recently purchased a considerable block ot of empire mines company stock and will be represented on outboard our ur board of directors |
