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Show KING WILLIAM I TO HII 1 Company Will Utilize the Old Tunnel and Shaft of Eagle and Blue Bell. I FIFTH LEVEL FIRST TO BE UTILIZED Company Financed Tor Long Campaign, but Results Are Expected Early. It comes from an authoritative source that the officials of the Kins William company cither closed on Wednesday or will closo today the final contract with the Eagle and Bine Bell company for the privilege of operating through the old tunnel and shaft of the hitter property. The Eagle and Blue Bell company has not been utilizing those old workings since getting to the 1000-foot level with, the new shaft some distance to the north, and it is expected that it will take the King William management a week or ten clays to repair the tunnel and shaft so that operations can he resumed. Timber for this ropnlr work, so it Is understood, has been shipped 10 the camp. Tills new development campaign follows fol-lows on the pari of the King William company after a survey was mado via the Grand Central property to the south and east. It is stated bv ono In a position to know that on the S00 level of the King j William ore was found during this sur-' sur-' vey work, and that the management is In possession of facts regarding the geology of the property to an extent Justifying expectations of early and meritorious rewards. re-wards. Work llrst will be started on the 500-foot 500-foot level of the Eagle and Blue Bell, a drift having been sent out some time ago to within about 60 feet of the King William Wil-liam territory. The face when work was stopped was In tho ore-making limestone, and many feel that had this work been continued long ago Instead of going to the 1000 level of the Eagle and Blue Bell, as was done last year, the King William would have been In ore long ago. Armed with a splendid working agreement, agree-ment, therefore, and with plenty of money in the treasury to last until thu property is thoroughly prospeeted, the King William Wil-liam begins operations in Ideal condition on what Is conceded to be one of the best located pieces of ground In the Tin-He Tin-He district. Those knowing the district will appreciate the wisdom of going to I he upper levels -for the new search, for the zone of richest mineralization of the Grand Central was on nnd above the S00 level. |