OCR Text |
Show WHITE ALPS LEASE QPElfiJP ORE Combination of Local Talent Is Scoring Success in Rosebud Rose-bud District. , 1 TWO FEET OF FIFTY DOLLAR ROCK HAD Leasing Company Expects to Have Out, Shipment by June First. A proposition thai has been aUrnet,-iiifi- favorable n I tout ion for the past Tow weeks is the Whit Alps Leasinc company, an organization of prominent. 1 business, mininc 'nnl professional men of Salt, Lake Cit.y owuing a block of ground in the heart of the Wliitc Alps property of the Rosebud. Xev.. district. Attention has been called (0 Ihis leasing leas-ing company of late for the reason thai, in the bottom of the shaft, down .something .some-thing like 2r, feet, there is n two-foot, shoot of ore which is averaging round $;l per ton. This is refreshing news from Hose-bud, Hose-bud, a district that lias suffered greatlv trom Jack of attention ou the part o'f those owning properties within rhe camp s hues. The leasing company is omposed of many of the White Alps company, and the proposition was as simple an its conception us its success has been marked. The eompnny had no basement-' floor proposition, or any promotion scheme, to work. The ones interested .subscribed for as much stock as they could carry, paying t.here-lor t.here-lor at the rate of one com. per month. 1 io forfeiture is involved in the plan, tor if any person feels himself unable to continue his payments, he gets the stock in proportion to his past payments on the basis of ten cents a share. At the present time the sum of $H2 a month is coming in, which allows one slitlt ot work to bo done on the mine. The company has been nt work for a month past, and that the miners have encountered the noted Whiro Alps vein thero is htilo doubt, on the part of those interested. Innumerable assavs have eeen made from the rock on the lense and out ot a batch uinety in number there has not been a "skunk" registered. regis-tered. The ore run from a few dollars up to $..00 per ton. Tin management hopes to have a shipment out bv the first of next June. Senator George Lawrence, one of the officials of the leasing roinpany, stated yesterday : . We have the ore now, and we are going to iollow it no matter where it. leads us within our lines. Wo all feel very much encouraged over the present tnowings on our block of ground." |