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Show NEW SOURCE IDAHO'S WEALTH A Pocatello Crowd Doing Vigorous Work, With Rig Results, at Portsmouth. HA. JACOBS, whose energetic and Intelligent rescarchos In Ports-0 Ports-0 mouth canyon, six miles south of Pocatdlo, are adding another to Idaho's innumerable sources of wealth, came down from the North yesterday to consummate negotiations with local talent now seeking an Interest in the undertaking. Mr. Jacobs, who is among the enterprising merchants at Pocatello, Pocatel-lo, Is the ti easuroir of' the Portsmouth Mining And Milling' company, with possessions pos-sessions In tlic canyon from which It? name is derived and in Black Rock creek. Sinking on the former tho management man-agement has, at a depth of seventy-six feet, encountered ores carrying copper nnd silver, with some gold and lead,' with values varying from $G to fSO per ton. To nft'ord a more economical outlet out-let and to open up the ledge at a depth of 450 feet, a tunnel is now being driven, connection to bo made at a station 200 feet distant from the present breast. Tho mouth of this tunnel overlooks the tracks of the Oregon Short Line. The Roder group on Black Rock creek has been prospected extensively on the surface with ore showing as much as 13.7 per cent copper now ex-posedll ex-posedll To get under this wealth at considerable depth the company Is now advancing with a tunnel which has penetrated tho zone for 230 feet, 200 feet more to take it to lb? destination. To reach the Short Line with the qros from this source a haul of about a mile nnd a half only Is required. The company Is a powerful one, its household including, In addition to Mr. Jacobs, Simon Lewis, a prominent merchant; mer-chant; George Brough, contractor and builder; Jerome Borer, an experienced mining man; W. E. Slater of the Short Line, and H. Markowitz. a wealthy manufacturer of New York City. The camp has been most generously endowed, said Mr. Jacobs, and with several companies engaged upon systematic sys-tematic development, active production will undoubtedly begin in short time. 1 |