Show If d III Il INGOT A IAo MINE j i II Management Elated Over the Ii I Outlook in Property 1 DERN TALKS OF PROSPECTS t J i He Gratifies Stockholders in Property as to Situation I j L 1 Drifts in tliq TwoFifty Level Show t Remarkable Values According I to Samples Assayed m f From the Ingot whose ground adjoins J ad-joins the great Con Mcrcur a property f l I that has already contributed a Ions line r k of figures to the dividend column of f Utahs bonanza mines comes word that n f In the opinion of the management there f I are good reasons for regarding the III 11 claims as possessing the making of a liJill genuine mine in place of nn absorber I J of assessments a message that will be hI 6 n source of gratification to those who JI have held on desperately In the face of I manifold discouragements i tr Returning1 from the Ingot property I yesterday after a two t days inspection of present developments President John i I Dern of the Con Mercur a chief among the Ingots household was in no small I I 2 aegroo pleased at the snowing in fact ilIf said Mr Ieri two li lIes on the 250 level have been going forward steadily i in ore for the patt sixteen days but i desiring to raise no false hopes and I having before experienced the unpleasant j unpleas-ant result of having a small streak carrying i car-rying values pinch out before developing I develop-ing Into an ore body of a size to be I f worthy of consideration the disclosure i j has been kept a secret with solicitude I From divers parts of the workings In this ore body samples to the number of thirtyfive have been taken the assays I I showing gold values of o70 per ton to if t bs the general average Added to this i1 l a i an important factor to be considered when estimating the rea worth of the I ore bodj is the fact that the mineral I Is I thoroughly and completely oxidized n condition that renders Its economical 1 and rapid treatment a mater of ease Ken if the entire body should with exploration maintain no higher values than those revealed aE an average by r tho assays thus far taken it can says J Mr Dern be treated with such facility as to afford a handsome prolit h The Ingot has made a long and determined l deter-mined effort to prove that its holdings I contained permanent and satitfaclory values while the results up to the l 11 I present have not hEn of an encourag big nature With this showing those in cnarge 01 the enterprise leei mat their days of waiting for results are t nearing an end and that will Ii learin they wi soon t J se the beginning of return for their money and energy expended These developments In Ingot revive i talk as to how the ores will be handled j whether sold outright to the Con Mer cur crowd or sent for treatment to their t 1 hiS plant Mr Dern pleads that Il would be premature at this time to I make any prediction upon this point no meeting of Ingot directorate having been recently held and It being having tention of the management to continue c the work of blocking out and testing the ore body for a considerable period be fore considering the question of hand rlt ling the mlneu product I |