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Show FORTH SHOWING GREATERftCTiVITY ! Properties Being Financed for Deep Development; Camp Forging Ahead. Special to The Tribune. FORTUNA, Jan. 22. According to the management of the Beaver Goldzono Miuiug company, owner of au extensive torritory of choice mining ground adjoining ad-joining the United States Smelting company's com-pany's property at Fortuna, a deal is pending between this company ajid Los Angelea interests, the coutiummation of which will mean either that the property proper-ty will be sold outright or that a suii'i-cient suii'i-cient interest will be sold to insure its .thorough and adequate development. The Whalen lease has attained its first objective; it has -penetrated the Davis lease vein, the bonanza lead up to date at Fortuna, The intersection was mado a tew days ago at a point forty feet north of the United States Smelter shaft and on United States ground feet from the portal of the tunnel and at a depth of sixty feet. In addition to six feet of mmrtz and a foot of manganese, over thirty feet of other vein matter has been crosscut. The lessees arc now drifting north for an oro shoot. Ward, Zimmerman & Waldis, owners of the Magnolia gold territory at Fortuna, For-tuna, have received enough capital and assurance to begin extensive developments develop-ments ou their property. They are starting a shaft at the point where they recently uncovered by trenching good gold values across a fifteen-foot vein. They will use a windlass down to the fifty or sixty foot point. Frvl fileason and associates, owners of the Nevada "Wonder and Golconda .Extension gold groups, have just sold an interest to John M. Murdock, a promi- I uent citizen of Beaver. Following this ! sale, development work has been re- i sumed in the Gleason tunnel on the Got- I eonda. Extension group. This tunnel is due 1o cut the vein any day at a depth of about fifty feet. The vein outcrops as a strong quartz body showing values over the point of the proposed intersection. intersec-tion. The Davis lease, the original bonanza discovery at Fortuna, Utah, is to be developed de-veloped with accelerated speed from now on in both the upper and lower levels. The United States Smelting & Mining company has secured the right to work and appropriate the ores below the 125-foot levrd of the Davis lease shaft providing it will permit the use of its own shaft as an exit for the lease ores between the sixty and 125 foot levels. A whim is being installed by the lessees to handle the product above the sixty-foot level and a trestle is being be-ing built foT the transportation of the ores across the gulch, where they will bo stored pending shipment to the Sheep Kock mill, five miles away. Tracks are being laid on the sixty-foot level. Fortuna operators, G. A, Kcrniek. E. D. Dart and ( W. Whalen, figure in a recent substantial mining deal in the ' western part of Beaver county. They have agreed to take over the White Pine copper:silver-lead property adjoining the St. Mary mine in the Star district, near ; Milford.! on a bond for $25,000. Ore of ' a good shipping grade is exposed in ; three places in a tunnel and winze, and the new operators have already put men ! at work developing these ore bodies and taking out ore. |