Show HE MADE GOOD IN NEVADA old salt laker interested in several of its leading mining camps W F gray of goldfield nevada was wa s in in salt lake the tha first of the month on important mining business mr gray who is a member of the firm of gray cray mcallister craig of goldfield was at one time heavily interested in bingham this state and although he had gilt edged properties there the boom had not overwhelmed this section and success did not crown fisl efforts to such an extent as would justify a continuance of operation there and so he pulled out for nevada soon after goldfield was discovered arriving in this now wonderful camp with but a few dollars in his pocket pock et here he began operations with results rather discouraging at first but with a perseverance worthy of reward he kept plodding on until fortune began coming his way and now he is one of the leading mining in 0 opera operators tons of the camp and lie he is interested te in properties which give promise of great things in the future and today if lie he wished to he could cash out for a pile that would run up into six figures besides his goldfield interests mr gray with his have valuable holdings in the seven troughs district these have been incorporated under the names of the seven troughs wonder and the seven troughs bosom friend mining companies the property of both companies being favorably located it being the intention to develop these promising properties in an extensive manner this summer the firm of gray mcallister mcalister craig is heavily interested in the gold bar and C 0 D properties at goldfield the gold bar has long since passed the prospect stage and has large bodies of pay ore blocked out in its workings in one portion of the property a thirty foot body of ore has been exposed four feet of which will average gold to the ton while the balance is a fine milling product and will average 28 to the ton the working shaft has reached a depth of feet and the bottom is now in a new ore channel which assays essays 6 per cent copper and from 3 to 4 in gold to the ton this character of ore in the gold bar was unexpected and adds new features to the future operations in the camp on the C 0 D adjoining seventeen leasers leaders are at work and the showing is such as to lead to the belief that this will vill eventually take rank as a second Mol mohawk or another little florence mr gray informs the mining review that it is highly probable that a merger will soon be made the gold bar C 0 D and the gold bar extension and this statement is strengthened by an item in the goldfield tribune of the alt which says that there is s something om ething in gold bar ex tension was evidence yesterday in the transfer of shares covered by one certificate at a price understood to be 25 cents a share the purchaser was louis K koontz manager of the gold bar mining company and immediately after the transaction became known offers were made in the exchanges of 28 cents for any part or all of or more shares the gold bar extension owns the crown fraction lying between the gold bar and the crown claim of the potlatch mr koontz obtained his stock through a broker from boyce hannan fiscal agents for the company and in a conversation afterwards made the terse statement that he bought the stock because I 1 think there is a mine there the shaft on the gold bar extension is down feet and is in a be bed d of ore assaying as high as 30 to the ton and the purchase of this large body of stock by the vice president of the gold bar company is regarded as significant the pur purchase chae of this block of stock gives rise to the belief on the street that the gigantic t antic merger of the gold bar 0 0 D and victor will soon be an accomplished fact and will be enlarged by the absorption of the gold bar extension just who is be hindi hind the deal is impossible to state at the present time but that big things may be expected soon from these properties is the firm belief of the knowing ones on Cl change iante |