Show Y j DIPS SPURS AND ANGLES sy S y work is soon to be resumed in the devol of the galena a promising prospect in beaver lake district beaver county the recent strike in the jersey blue at bingham the bingham R eastern astern mining company is an important one showing as it does the extensive of the locality in which the property of the company is located during the month of february the consolidated soli solf dated mercur mill treated tons of ore the resulting cyanides cranides cy anides being valued in the neighborhood of to the company has been making a splendid record of lat late and the outlook for the future of this property is most flattering H E gary cary of the carisa one of fintics cs bonanza propositions is showing his friends splendid specimens of native and oxide of copper ores from the new strike in the northern spy mine owned by the carisa company the ore being more than half pure metal the carisa shipped thirty three carloads of ore during duriac the month of february the output being divided into two classes one of which averages from 25 to 35 per cent copper to the ton the other averages 6 per cent copper 10 to 20 ounces silver and from 30 to 40 in gold to the ton Bin bingham has another big mining transaction to its credit being nothing less than the purchase of the old mine by a syndicate of detroit michigan capitalists headed by aa M L effinger of the ophir mine of stateline Stat eline the seller being col M et al the purchase price is said to be in the neighborhood of of which 10 has been paid to mr the deferred payments to be met within the next twelve months the old has i a production record of nearly a million and is looked upon as a proposition of splendid possibilities bili ties A deal was closed in this city last week whereby solon spiro the veteran business man and mining operator of park city secured an option on of the shares embracing the capitalization of the booan bogan silver mining company the consideration being 30 cents a share As mr spiro already owns quite a large r block of the stock of the company this will give him control among the vendors were W H E dark clar kj W S henderson T P oreilly and pat the first payment has been made on the purchase price the second willbe will be made sept and the balance will be payable the first of the year the th c bogan 11 group is located and is regard regarded ed as west of the silver king being valuable ground upon the consummation of the deal the directory of the company was reorganized as follows solon spiro president and general manager G A gibbs secretary ajax maxe E smith treasurer W H dark clark and W II 11 iia I harris ia |