OCR Text |
Show DEAL FOR BALAKALALA Rumored Sale of Rich California Property by Local Company. B A rumor, so well authenticated and so B pronounced as to be practically certain. B Is going the rounds of tho brokers and H operators that the Western Exploration H company has a deal on for the sale of the 1 Balakalala mine, situated In Shasta conn- H ty. r'allfornln. The deal has not as ct M been consummated, hut It lias gone so far Bj thnt It Is not thought probable that It will HI fall through at this late day Wm The Balakalala adjoins pome of the big- Bj gc:-t copper producers In the I nlted H States, being close to Oapt. De La Mars H Bullv Hill property and In the same dls- M irict a the Mammoth group recently pur- W chased by the I "nlted Stat's Mining com- pany. M The Western Exploration company have H developed the property, which has been MM examined and approved by some of the VI most noted mlnliiK, experts In the world, N and there Is now ex'posed a tonnage which III will keep as large a crew of men as can H find room to work breaking ore for years H to come. U Considering the original cost of the BdM property and the amount of work done Hfl on It since Its acquisition by the Western BD9 Exploration company, the price which will Bi be demanded for It will be an extremely Hw large one. |