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Show Guggenheim Ex, Co, to Invade Binghani Big Company Behind Effort to Securo tho Properties of the Ohio Copper Cop-per in That Camp. That tho Guggenheim Exploration company com-pany is now noiselessly but resolutely forging Its way Into tho copper, gold and sllvor-bcarlng zono at Bingham Is as positive posi-tive as It Is that It has Invaded other regions, the opening through which It seeks to enter, nono other than tho properties prop-erties of the Ohio Copper company, on which a million-dollar option was recently re-cently executed in favor of J. D Freo-irmn Freo-irmn of Los Angeles Notwithstanding the refusal of the Ohio company's management man-agement to verify it or to deny when called upon during the day, It Is nono the less a tact, and if tho denl Is consummated consum-mated It will bo In behalf of tho big compahy com-pahy whloh has long appreciated the desirability, de-sirability, If not the need, of a foothold in that camp of nlatchlcss fluxes. The examination of the properties has now been completed, while the analyses of tho oro mndo at U10 offices of tho Messrs. Officer nro In tho hands of the purchasing company, with negotiations to be concluded con-cluded and the fate of the deal decided before the middle of May. Moanwhllo the company continues to omphaslzo the merits of its territory. Tho main winze Is now dropping down to the 100-foot level In ore, some of which shows as much a6 30 per cent in thoTed metal, and with nothing- to Indlcato the strength of tho channel at that depth. Yesterday It was at tho furnaces of the United States smelter with one lot of crude ore. two of concentrates, the former showing as much as 2S per cent copper, with $1.09 gold and fractional values in silvor. while the latter sold on controls revealing as much as 21 per cent of tho red motal. and $1.20 In gold and silver. Upon tho fate of the big deal It Is difficult to speculate Intelligently, In-telligently, nor will results be released until the Jingle of tho purchasing company's com-pany's wealth Is heard, on tho Ohio company's com-pany's counter. Tho transaction. Indeed, In-deed, Is on Its merits, whllo there may be protracted spnrrlng before an ultimatum Is reached. There will be lio R.'irrlflcs upon the part of either of the principals. |