Show Rich Strike in Old Blkhoru Xcws of a strike of highgrade ore in good quantities under favorable circumstances cir-cumstances was received yesterday by S W Gundaker of Hailoy Ida who was stopping at the Cullen The prop crty is known as the Old Elkhorn mine and consists of five patented claims near Ketchum Idn from which some years ago over 52000000 was taken at a depth of 120 fet Mr Gundaker Is op crating the mine under a bond and lease mostly on his own responsibility and has boon doing prospect wOIk for a year past which eonslnts for the most part of a shaft Bunk to n depth of 350 feet and where the find was made at a cost of 20000 The work has been expensive and tedious as stated by Mr Gundakcr and he has I I been fearful that he could not continue operations much beyond the first of operaLons year But yesterday the foreman or the mine wired Mr Gundaker that the vein had been cut and telling him to come to camp at once Mr Gundaker states that assays from the properly have given 275 ounces of silver S In gold to the ton and 65 per cent lead with a uniformity that assures him that they have struck the old wealth producing vein He has a year and a half In which to complete the purchase of the property and he has no fears 0 ne now of b lng able to carry out the I terms of the contract and to develop a rich producing mine |