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Show 110 DISTBICT IS REGAINING PRESTIGE Old Troubles Adjusted aud Camp's Future Js Promising. Prom-ising. Jumbo, just over the hill from the world-renowned Comatock, 1ms mndo good, according to Nevada State Journal. Jour-nal. L.0S3 than ono yenr ago tho district dis-trict was brought into ill rcputo on account ac-count of the schemers who handled the Solby Consolidated property. Tho result re-sult wna Jumbo dlstrlrt. got a. blauk eye. Today tho old sore has healed, and tho Selby company lias turned Its property over to the Hargo Consolidated Mining and Milling company. Arrangoinonts wcro made with Mr. C D. Vlrglllo to lnko a certain amount of Bargo Consolidated stock to pay up tho twenty some odd thousand dollars Indebtedness. Indebt-edness. This block of stock wan placed In the Washoo county bank for ono yenr to bo turned over to Vlrglllo as soqn as the debts and othor obligations against tho old Solby company were sottlod. By the first of April every voatlgc of Indebtedness Indebt-edness will havo boen cleared up and the llargo Consolidated will start out with a clean sheet. Paying Its Way. Vlrglllo has performed over 500 feet of development work upon the property since he took hold, and has taken oro enough out to pay development expenses besides the old debts. There Is ore opened In five places in the mine, and enough nl-rondy nl-rondy broken to keep their 10-stamp mill going for six months. Tho high grado Is being- sacked and shipped, but tho main treasure where the highest grado bodies of ore aro located lo-cated is below water level and while tho mill was frozen up wore allowed to fill with water. Mr. Vlrglllo relumed to tho district last week and set the, pumps to work raising tho water from tho lower levola. The mill Is being cleaned up and what ice accumulated during tho cold spell has been removed. It Is tho intention of tho company to Install a Lano slow speed mill at onco right between the main working shafts, wit ha capacity of thirty tons a day. The two mills will treat from forty-fivo to fifty tons a day. |