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Show RED Hill FLORENCE CUTSJiiGH-GRADE Reports of a wonderfully rich mineral find on the Red Hill Florence estate at Goldfield were received In Tonopah yesterday yes-terday morning, the Information being furnished in a telegram received by R. Fred Brown from A. H. Howe, the well-known well-known mining man and broker now located lo-cated at Reno. The discovery was made in the north drift on the 600-foot level ahd while only j meagor details are available concerning its magnitude, it was Intimated last night that the strike is one Of the most important im-portant made in that immediate vicinity of Goldfield district in a long period. The ground being developed is owned by the Florence Mining company, but is held i under long-time favorable lease by the j Red Hill Florence Mining company. The ! territory controlled embraces something j like forty acresl When the announcement was posted concerning the tind, shares in the Red j Hill Florence company were selling at 6 t cents, but they rapidly advanced, one sale . being made at 9 cents, while the day's i session closed at 7 cents. If the dis-i dis-i eovery proves of the magnitude believed by many, then, it is predicted that the stock will continue to advance during the next few days. |