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Show Mammoth U Pay Regular Dividend Shareholders Have Drawn Down Nearly S2,00O)00 First Cleanup Clean-up at Tintic Mill. The Mammoth Mining company will dlstrlbulo. ltn U3ual dividend of live conts per share, or J20.000, Novombor 1C, when tho total dorlvod by tho Investor from that source will havo attained no leas than tl.OIO.OCO, with tho present volume of wealth blocked out under ground Jucti-fylng Jucti-fylng him in looking forward to many moro contributions from that oourcc. Tho main shaft at tho properties in TIntic has now reached a depth of 2120 feet. At 2100 feet a level Is now being established and in a fow days nctivo cross-cutting for tho ledge on tho cast will begin. Samuel Sam-uel Mclnlyro, Jr., superintendent of tho properties, who doparts for camp this morning, said yesterday that ho would encountor tho vein at a dlstanco of forty feet from tho shaft and that drifting north upon tho striko hu would, wllhln 101 feot, mako connection with two ore-bearing ore-bearing channels that wcro opened up 200 fool above. Tho second of theso chnn-nols chnn-nols was, upon the upper level, productive of ores of very good quality, and while tho contents of the first channel wero Indifferent at that point, ho feels qulto positive that tho value will havo increased at the level below Tho physical condition condi-tion of tho mlnejs at this time In a very satisfactory one and Is promonltory of not a fow dividends In future. On tho 1100-foot level the ore body, a vnry strong one, shows gold values ranging from $lt lo JSO per ton. Not only Is ore of this quality being taken from tho 1100-foot level, but the management Is raising from tho 1200 on tho same channel and breaking break-ing down rock equally a3 good. Mean-whllo Mean-whllo the mill Is operating steadily, and during tho month Just passed reduced 3500 tons of ore. The finst clean-up at tho plant will be mndo tho present week, the management relying upon good results re-sults from this source. |