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Show IRON KING SHOWS GOOD INDICATIONS Special to Tho Tribune. EURR K A , Marc h 1 . No p rope r t y i n the eastern end of the district is being watched more closely than. Colonel C. K. Loose's Iron King, on which a shaft is now being sunk preparatory to going out after th southern extension of the Tin-tie Tin-tie .Standard's ore body. Any slight change iu the formation through which the shaft is cutting is immediately reflected re-flected in the stock market, and this week when a small crosabreak was cut, show ing pyrites, the company's shares went up a few notches. Superintendent Nick Roberts states that the shaft now has a depth of 13713 feet, and Colonel .Loose says that "sinking "sink-ing is to continue until things look right for the ore." no mat ter J:o what point it is necr-s-ary to take the main working shaft. Colonel Loose has always had unlimited faith in this ground and recent I changes in the .shaft, while tly may I have lucked rather unimportant to an outsider, have thoroughly convinced him I that ho i:- on rhe right track to get an jure deposit. In the eastern end of the i d '.strict heat and gas are found with the ore. and. while the gas cannot, travel through the clo.-e formation in which the Iron Kuig shaft is being sunk, the he;H is th- ri mid gas will cuiiifl as soon as a rnoi-.S porouo formation is encountered. |