Show TOBUYWASHItCTON Salt Lakers Get 50000 Option on Group SENSATIONAL COPPER VALUE Strike in the Bingham ITew Haven Companys Property at Blngham Hidden Treasure of Idaho and Its Gold Output Day on the Mining Exchange Bamborgcrs Do La Mar Mines Returns From Iron Mountain Moun-tain Lower Main mo lh Sales ote and Personal The holdings of the Washington Mln Jnp Vompany out of Frisco In the Koutlutrn country have pasisod into the hnnds of a local syndicate of which Hon VVIlcher Jones Is t the heAd and which has obligated Itself to pay no IPR than 550000 before deedr shall he pncseil ITiulor the option the cxplolta lion of the property which consists of a law nercage adjoining that of the jmperlil Mining company was begun eevori days ago and already the pvir char = luj crowd is congratulatinp Itself upo ticlosures of copperbearing ore the qvullty of which com pares favorably favor-ably with the richest unearthed in Beaver county Immediately i possession of the territory was i acqulrcri by Mr TniiDS and his associate oxnort talent wllh which to prospect the ledge nnd to select a point bi Lxwber gulch from which to drop a permanent shaft Into the none was employed and the result re-sult Js that In several places highgrade ore was exposed It is now the intention in-tention of the syndicate to begin sinking sink-ing and work will be prosecuted upon jtbc most vigorous scale The Washington company of which CrVllan C Washington of the great Horn Silver Is the president was organized to explore a silver and leadbearing channel which hILi been discovered on the property and from which over SSO 000 worth of ore was marketed When it disappeared Since that time operations opera-tions ha e been desultory With a new crowd In the saddle however much Jn expected from the proposition and the campaign will be followed with liveliest Interest by the neighbors The ores showing cuprite which were brought up from camp yesterday occur oc-cur between the porphyry and limestone lime-stone which Is traced from the Horn Silver and experts are confident of the propertys development into a most productive one |