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Show MERGER LEE IIS M BESEEM SOI Hayseed, Pumpkin and Hidden Treasure Likely Subjects of Consolidation. Now that the attention of Lho mining world has leisure and Inclination for gold mining propositions, the turn In tho wheel of fato bringing gold properties onco moro to the point of ilrst importance. import-ance. It In thought that the Loo district of Inyo county, Cal., shortly will bo tho scone of somo very Interesting developments. develop-ments. Ono expected outgrowth of results re-sults so far at Leo Is a consolidation between be-tween several of tho largo groups whlci in justice to thomsolvos and to conditions generally should be merged and operated under 'one ownership. Whether or not the proposition Is working work-ing is not. known definitely, but In somo manner tho Impression has gained currency cur-rency to tho effect that tho Hayseed. Pumpkin and Hidden Treasure groups aro to be welded Into ono. These three largo proportlcs adjoin, they contain equal showing on the samo great mineralized zone, and from all reports thoy would present a mighty attractive merging proposition prop-osition for some of tho men of moans searching the country for meritorious gold mines Prior to the panic of 1907 thcro was no more active or attractive gold camp In tho excitement belt, of tho west than Loo. Its surroundings wero romantic, being within reaching distance of tho famed Death valloy. and hundreds of thousands of dollars were paid for properties which can now be 'had for a few cents on the dollar. On lho three groups mcnllonll above there Is a mineral r.onc about 300 feet In width, and one engineer carefully sampling this found an average gold value of $5 per ton. There Is a very large tonnago now available on theso proportlcs which will range from $5 to $15 gold a ton. while here and there along the veins enough very rich gold oro Is found to encourage the soarch for moro. and to assist materially the grade of rock to be handled In tho mills eventually. Lee, however, is distinctly a milling camp. Its distance from a market now demands treatment for the ore right on tho ground, the valuo of tho ore Is first class for milling plants, the rock is easy of reduction, and sufficient water can be developed for all milling purposes. There may or may not bo a merger in the air at Lee, but that It will como Is certain and sure. It may bo a question of who gets there first. |