Salt Lake Telegram | 1908-01-30 | Page 8 | No Ely Consolidation.

NO ELY CONSOLIDATION I Local officials o of the Federal EI Ely and the he the EI Ely Witch Mining companies absolute lute den deny the report that there thero Is to be bea a consolidation o of these two properties W. W J. J Craig Caig Is la at the head of or the Federal Federal Fed Fed- eral II Ely Mining company compan and the Hamberger Ham Ham- berger syndicate is In the control of the Ely ly Witch Uch ground Salt Lakers having ha control of oC both hoth companies it is 18 an nn easy eay matter mater to get nt at t the truth of 0 the reports that hat were sent broadcast to the effect that these pro properties were to be e merged into ono one corporation ton Tho EI Ely Witch has has sixty acres s of oC proven prey prey- pro en mineralized territory situated about ten n miles from Crom rota the town toon of oC EI Ely It I has haA blocked out a considerable tonnage of or commercial copper ores and the an announcement nn- nn has lies been heen mode made mae that the compan company com corn pany pan is prepared to make regular consignments con con- to the Steptoe vale valley smelter at McGill as ns quickly as a that plant Is com com- plated and TEa ready for tor the reception o of ores hlo the possessions of oC the time company are arc somalI small smal in comparison to some of oC the larger properties 8 of oC the camp It lt Is considered one of oC th the best st mineralized sections of 0 that camp amp F Federal l Ely I company compan has over seventeen seven seven- teen claims amounting to as R much a as a O acres acrel which adjoins the tho ho properties of oC the time Cumberland EI Ely and Nevada Consolidated Some Jomo development de ha has been done on this property and th the results obtained are arc said to have havo O hl been quite quie satisfactory The consolidation of or the two companies was wa proposed on an equal basis both companies companies' compa- compa ales iles now being incorporated for Cor each teh and tho the new now incorporation was to hero havo beep been cn for tor