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Show 0QS3 MINE BRINGS QUARTERDFMILLIQN Seeley W. Mudd of Los Angeles An-geles and Associates Buy Platinum Property. $50,000 IS PAID DOWN Rare Metal Also Found in Aura Amigo Vein, Adding Another Sensation. The Boss mine located in the Yellow Pino mining district, also known as the Goodspriugs district, in Clark county, Nevada, has been Bold to Seeley V. iludd of Los Angeles and associates for SC50.000, according to John A. Taylor of the Taylor Engineering & Manufacturing Manufac-turing company, who has returned after spending two days in the camp. There was paid down at the time the deal was closed $50,000. The Boss mine recently came into prominence due to the discovery dis-covery of platinum in its ores, and at proseut is probably one of the most widely luiown properties in the United States among mining men. The camp is enjoying a greater degree of activity than it has ever known bo-lore, bo-lore, according to Mr. Taylor, and more prospecting is being carried on. The number of shippers from the district, despite the low metal prices, is greater than ever. Plan Extensive Work. The new owners of the property will take charge on November 1 and an extensive ex-tensive amount of development work has been planned. The ore occurs en-tirelv en-tirelv in the limestone adjacent to a large porphyrv outcrop and has been developed b"v "three tunnels at various levels on the vein. "Where exposed the vein varies in thickness from four to twelve feet, Ivin? very flat and making ' rut into the bedding planes of the limestone. In March the Boss Gold Mining eonv j.any was organized and a body of ore containing sensational values in gold, silver, platinum and palladium was en-ceuutercd. en-ceuutercd. Highgrade Discovered. Tighgrade ore was first discovered ' during June in a small winze sunk from : the upper 'level. This vias a talev ma-ter;al ma-ter;al which ran 125 ounces in gold, -4 ounces in silver, 99.03 ounces in platinum plati-num and 16 ounces in palladium. The hhihgrade ore carries practically no copper cop-per values, but a four-foot ledge of sulphide sul-phide ore has recently been encountered on the lower levels which ran between 15 ::r.d -5 per cent copper, two ounces in gold and .4 of an ounco in platinum. This is evidently the primary ore de-r-oit. The oropertv has been bonded at various vari-ous times to 'the Walker brothers, the Go.-.be brothers and was one time held under option for $16,000 by J. B. Jenseu of ait Lake, who has operated extensively- in the Yellow Pine district. Ke-erntfV Ke-erntfV Adolph Knopf of the United States sologi-'al survey visited the various va-rious mines of the district and his re-po't re-po't on the platinum deposits in veins i? expected shortly. A partial report on the district has beeD made in a bnl-ii-'in rcceiith- published on platinum for .191H. Another Platinum Find. Platinum has also been recently discovered dis-covered io the ores of the Aura Amigo property, a group of claims located one mile north nf the Bcs mine and operators opera-tors throughout the district are having their ores a-sayed tor the platinum ami : uliadium content. There now in .ight. it is declared, -rMficienr ore to pay off the purchase price or ibe property. The vein in well t.ified and runs through the Ercten--io-i "round which has been recently vrcha-e.i by Yount - Taylor. There are iivr- claims in the Bos territory The Yellow Pine mine is continuing to -hip 'rr'dai !v and is rarnini; its usual usu-al dividend. The rumor that this prop-o:tv prop-o:tv was to close down is declared to be ult rer-. Ti.e IVo-i ground, v.hicii was purer, pur-er, a.-.-d hv l':e Empire Zinc company. sending out a large tonnage by way of Ardeu. .ban. on th" "-alt Lake Koute, has '.erne a dc-id-dlv active point for s 0 p!ijcnttJ. Mom of ti c ore from Good-SL.rinis. Good-SL.rinis. -.flii'-h is nine mil's fiom the raihoad. is coming to trie Salt Lake s.nt-'ter-. , Inn? nun ber of Salt Lake reopl'- arc inlere-led in the camp. |
