Show TAKES HOLD OF DAISY Old Sorceress of West Dip Under Option GOES TO ARTHUR MURPHY Has Perfoct KnowUdgi if Gild Rock Made I Profitable Under a Former S Administration and Expects to Repeat the TickS Tick-S As foretold the holdings of the Daisy Mining company consisting of a group of goldhearing locations nnd a cyanide plant at West Dip out of Mcrcur have passed Into the hands of Art hm Murphy undur l nn option the denomination denomi-nation of which is not revealed To tiny Mr Murphy will place an order for supplies with which to reopen the old disappointment and rctitnberlng make his way as early as possible to the old stapes some of which have collapsed While the average man has looked upon up-on his Investment In Daisy as hopelessly hope-lessly and irreclaimably buried said Mr Murphy yesterday he has never believed be-lieved other than that properly handled the rock could be made to pay During his administration as superintendent lie says the ore averaged 310 per ton In gold This occurred in certain channels to which he confined his extraction us extraton closely as possible and with this policy ever In sight he made 2500 tons of ore yield him 7200 in gold dust Where a subsequent administration made its mistake was In departing from these channels I fed its tanks on too much limestone and with the margin a close one at best of course the administration tion came to grief Benefiting by this he believes there is a big chance of redeeming re-deeming the proposition At all events he has shown a willingness to undertake under-take it unaided He will retlmber to the extent that it is necessary at once and as soon as the water can be arranged ar-ranged for the leaching of the rock will follow Not one but hopes to see Mr Murphy succeed for it means much to many shareholders and n deserted region |