Show STRIKES HIGH NEAR if When the price of or Colorado Colorado- Mining company compan- shares jumped up to 45 cents this morning moring thero was consternation amon among the room traders on the thc exchange Immediately the wires were hot between this ei city and tho Knight offices at Provo Pro to ascertain the cause of this sudden rise and the answer obtained to the numerous numerous nu nu- Inquiries was H that a fine strike e had been ma made e in the mine at Late yesterday tho drift sent out from the love level 1 toward the Sioux Sioux end lines brol broke e Into a high grades grade ore A raise was Immediately sent up from from the tho drift dritan an and no now this working has a full ful face tace of first class mineral similar in character to that found In the tho Sioux workings when tho company was paying Its Us regular monthly dividends So little development work worl has been done dono in this section of the property that the tho management is unable unable un un- able to to its is extent As tho find was vms made near the dividing line ln of the two vo properties Colorado will wl have but a short short distance to go into tho oro or In its ia own 1 0 ground The he redeeming feature Is toward the tho that all al indications point operators beIng under this ore bearing and tho management Is confident that it will wl make mako back probably the tho full ful length of or the rUt drift In this event tho Colorado Colordo would have almost 50 feet on the vein which would give 1 0 ft a heavy production for months to come At t first It j was expected that this new development would mean much to Sioux Consolidated but later reports indicate that Sioux had already worked out Its Is portion of the deposit in its own ground Both Colorado Sioux have been wonderful wonderful won won- properties and the ore oro extracted has been found within a few hundred feet from the surface an and It is probable that de deeper per workings ma may reveal some bi big deposits that will wi add years to the life Ufe of these as producers |