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Show Rainbow and Humboldt, in Eastern East-ern Oregon, Bring Large Sums. SALT LAKE FIRM BUYS FORMER FOR $750,000 English Syndicate Gives More Than That Amount for the Humboldt. Special to The Tribune. BOISE, Ida., Aug. 15. The Mormon basin mining district, located In Malheur Mal-heur county, eastern Oregon, witnessed i the closing of two of the largest mining deals turned in tho Intci-mountaln country coun-try for yenrs when a few days ago the United States Smelting company of Salt Lako purchasod tho Rainbow mine foi $750,000 and an English syndicate, through a Spokane agency, bought the Humboldt mine ror a little less than JS00,-000. JS00,-000. Both nronerlles arc gold producers, located fifteen miles above the town of Brogan and on directly ODDOslte mountains. moun-tains. It Is known that the uistrlct where those mines are located, and which Is twelve miles long and six wide, has evcr.v promise of becoming a second Goldllckl- Tho reported production of the Rainbow Rain-bow mine Is claimed on tho most reliable relia-ble authority to bo $30,000 a month and tho Humboldt between 315.000 and S2u,-000 S2u,-000 per month. Both mlnos at present have crews of fifty men each at work. The Rainbow now has a iwenty-siami) mill, which Is to bo enlarged to a fifty. The Humboldt ban a ten-stamp mill, bin It Is to bo doubled by the new owners. A strike of lmportanco was made in this district at First crock recently. Gold-bearing Gold-bearing quartz was struck which assayed higher, than 5200 per ton. First creek Is located near Malheur City. . Prouertlcs aro hclng located there and the canm has become a lively one with every prospect pros-pect of witnessing a great deal of gold hclng taken out. Dresel Incorporated. The mining Industry was given Impetus Impe-tus through lhc recent Incorporation of the Drcxel Mining company. Incorporated at $500,000. with John Edwards of Vaip president; Thomas Holllday of Vale, treasurer, and Fred L. Johnson of Vaic-secretary Vaic-secretary and general manager. The property of tho company Is located In Quart?, gtilch. west of Malheur City. The company will install hoisting machinery, pumps, etc.. and will work a largo crew of men to handle the extensive mining operations planned for the development of tho property, said to be rich In gold-bear-and the Inlcrmountaln section is watching watch-ing quartz. The mining world of southern Idaho Ing with Interest the outcome of a sensational sensa-tional suit filed In the district court here involving the Columbia -Mining company, plaintiff, against Charles H. Oomans. ". H, Boary and Francis J. Daly, asking damages In tho sum of $'-'2.25S.4 on the grounds of fraud and misrepresentation In the sale of a mining claim to the plaintiff plain-tiff company whereby the company was induced to expend $22,325.23, from which investment it htj only been able to realize re-alize $1066.80. Charge Misrepresentation. It Is charged that the defendants owned or controlled the Last Chance mine In the Quartzburg mining district in the Boise basin, which they represented to be worth a largo sum of money in rlc ores blocked out. The mine, it is alleged was flooded below the 150-foot level, and tho claim was made, so the coinnlalm alleges, that below that level for a depth of 100 feet or moro rich bodies of ore had been blocked out. sufficient In quantity quan-tity and richness to keep a fifty-ton stamp mill running for years. Specifically. Specifi-cally. It is alleged that this oro was represented repre-sented to be worth at least S27.000. judg-Ing judg-Ing from measurements and assays of the ore blocked out. The owonrs of the Columbia agreed to take over tho Last Chance for $15.. 000 when It was ascertained that the Gold Hill mine adjoining was to be pumped out and this would drain the Last Chance. In addition tho Columbia ordered a fifty-stamp mill and paid out hundreds of dollars for labor until it had $23,3325.24 Invested in tho Last Chance. Tho Gold ITlll mlno was pumped out, and. as expected, the Last Chance mine was drained. Experts wcro then sent below the 150-fopt level to look over thi-ore thi-ore blocked out. and reported that it was worth no such sum as the defendants represented and did not contain the values. To prove this, the ore was taken out and sent through the mill. It netted the purchasers exactly S1066.S0. |