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Show Valentine Again Becomes a Producer Old 'Bingham Mine Develops Into "a Good Low-Grade Proposition. Propo-sition. ' After remaining Idle for twenty -years, tho old Valentino mlno at Bingham has again Joined the list of producers. A carload of ore avoraglng $15 a ton reached the smelters yesterday. Twenty years ago the Valentine, a gold proposition, was considered worked out and closed down. WithImprovements of later years It was deemed possible to work It at a profit. It was sold In August Au-gust to J. w. Cairns and D. M Kennedy, who organized tho Valctlne Copper and Gold Mining company, with a view to getting out tho low grade ore known to exist In great bodies In tho mine. Treasurer Treas-urer Kennedy of the company said yesterday yes-terday that 200 feet of tunnel hne boon cleared out and track laid for this distance. dis-tance. The ore which reached the city yesterday was gleaned In tho development develop-ment work, but thero are large bodies In sight, A shaft will be sunk in tho spring and the property developed thoroughly. TJio company is capitalized for $150,000. |