Show FAMOUS OLD SILVER REEF MINES WILL BE DEVELOPED BY A S R according to announcement from new york about the first of the month control of the silver reef consolidated mines has passed into the hands of the american smelting smelling Sm elting refining companas Comp anys mining research department with the manager of that department A H means at the helm when the hilved reef properties were purchased at court sale by samuel I 1 silverman last winter it was then understood that he expected to interest powerful operators in the proposition of developing and again placing the onetime one time famous silver producers of that old camp of silver reef again in the running it is declared that there is an estimated tonnage of 10 to 20 oz silv silver er ore practically measurable that represents a value reaching into staggering figures billions of dollars it is now reported that under the terms of the deal recently consummated by silverman or the consolidated gold corporation with which silverman apparently is prominently identified the american smelting smelling Sm elting interests will sink a three compartment comparto en t shaft at least feet deep from which point extensive development and exploration work will be carried on A mill to treat the low grade ore will be erected at the mine by the smelting smelling sm elting company if developments in the mine warrant it the consolidated gold corporation itis said retains a 49 per cent interest in the company H A guess vice president of the smelting smelling sm elting company has assumed as fumed the presidency of the silver reef company and other officers of the smelting smelling sm elting company are members of the board |