Show OREGON baker city democrat the rapidity with which mining properties in the cracker creek district are changing hands is something that almost turns turn the head of the old timer thousands of dollars are being paid for properties that a few months ago were unheard of capital is crowding in thick and fast and the mining boom predicted by the democrat as sure to come at some time is here Yesterday Col james A panting manager of the burnt river mining company which has invested about in ane gold hill district near durkee purchased from mr fred S lack manager of the mammoth gold mining company 7 the gold goad hill location on the same vein as the mammoth the consideration is of which sum col panting paid down it is the intention of the purchaser of the gold hill to start operations in the way of development at once the news was brought down from sumpter last evening that chapman and hill the recent purchasers of the well known ibex mine on granite mountain and for which they paid have just closed negotiations for the purchase of the grand trunk mystic and la crosse locations on the same vein as the ibex and lying between the ibex and mammoth mines the grand trunk mystic and la crosse claims were owned by andy ellott thomas mcewen and J F cupid the sum of money they are to receive for these properties ios is this last purchase on the part of chapman and hill indicates that the ibex is developing up to expectations and report has it that the ibex is now classed among the best mines in the district beaver blade last wednesday afternoon during one of our terrific wind storms the lincoln mining camp came near being swept to the ground by fire but by heroic efforts the blaze was confined to a pile of wood where it originated there was 1 1 1 50 cords of wood destroyed and a wagon belonging to lewis farnsworth of beaver there was no insurance on the wood although mr mckeon in whose charge the property was left during the absence of its managers had insisted that insurance be placed upon it the loss will be about park record wm win bird sr and wm win bird jr who are part owners in the lost josephine mine near kamas and sole owners of a large group of adjacent claims were in town this week and are enthusiastic regarding that section of the country in the josephine extension rich ore has been uncovered assays essays from the ore showing as high as in gold and samples that have not been assayed the gentlemen believe will go go as high as to the ton as free gold can be seen all through the rock several mining men have examined the property and all are convinced that a big body of ore lies hidden there if so a big gold excitement can be expected soon we hope the fondest dreams of the promoters will be realized and that the now quiet farming village of kamas will in the near future be transformed into a busy bustling mining camp second only to park city |