Show MAZUMA HILLS EXTENSION herald mazuma nev the claims outlooks Out looks nos 1 2 and 3 were this week sold by A borland joseph and E A for a cash consideration of to joseph hill john harnan wm C savage H G humphrey and W H moffat the new owners have resolved themselves into a company called the mazuma hills extension mining company of which joseph hill is pres president idem john harnan vice president wm C savage secretary and H G humphrey and W H fodat mon at directors the company is capitalized zed for shares of a par value of 1 each the outlooks Out looks 1 2 and 3 are immediately north and adjoining the lookout claims nos noa 1 2 and 4 which constitute the mazuma Mazur ria hills mining companas comp anys estate the oui looks were taken under option by the present purchasers about ninety days since payments to the extent of were made and the balance of was payable on or before august 10 1907 on the ath dinst the parties holding the option concluded the purchase by making a final payment of cash nearly all if not all of the purchasers of the mazuma hills extension property are large owners in the mazuma hills mine the fact that they have taken up their option on the extension exhibits their confidence in the ground purchased pending the life of the option very little work has been done on the extension numerous applications for leases are on file however and the new company have already signi signified fled their intention of permitting buters tributes tri to exploit the ground tile the company will also undertake extensive development work |