Show SNAKE CREEK DEAL PUT THROUGH the negotiations that have been under way for some time between the mountain lake company controlled by jesse knight of provo and the steamboat mining company in in which are interested W V rice james farrel and other Par kites have at last terminated in the sale of the latter the steamboat mines are located near brighton and considerable development work has been done by the previous owners the tunnel which has been driven over 2000 feet will be continued about feet further before the great ledge is tapped and then something extraordinary is looked for this tunnel will serve the mountain lake property as an outlet for its ores and also as a drainage channel the acquisition of the steamboat is said to have cost mr knight and a great deal more will be expended in development the ultimate success of the undertaking is without a doubt as jesse knight is known to be one of most successful operators and the properties concerned are recognized as having great merit under such able management a big producer is looked for in the near future 0 |