Salt Lake Telegram | 1913-09-13 | Page 6 | Cowan Takes over Control of Walker Mine in California

COWAN TAKES TAS OVER CONTROL OF oi WALKER AR MINE IN CALifORNIA I John F. F Cowan and ae associates In Including Inc In- In c Mat Browning Drowning Will wm Wattle and Gun GUR Becker of Ogden Oen have ha e acquired the control of ot the tho Walker mine In Plumas Pumas county California Tho The consideration Is given gIven as about abut and ad J. J R. R Walker retains a Q largo large o Inter Interest st and remains president of tho the company This estate comprises a group o of twenty full ful claims clims and the tho main development development develop elop ment Is a shaft sunk to a a depth dept of ot sixty sixty- lIve five feet teet and a n drift which crosscuts the te vein The drift has ben been run r for tor a a distance dis die tance values Inthe Inthe In Inthe tace of ot seventy feet and the vuo the vein for a distance of nine feet show how 7 per ver c cent nt copper and for tor forty cot 11 15 I per cent copper and about abut In gold and silver The company Is Incorporated for 1 divided Into shares of the tho pa par value of ot fl 1 each Cach Mr r. r Cowan will wi v visit ra sit ho tho property next week and ad take tae cr charge e. e He le will wl install a a compressor an and bol boiler r plant plant while the tho to first development work will wl be In sinking t the tho shaft hat to a d depth ot of f feet and tho the ground gund will wl bo be prospected prO pros from this depth extensively This Thi group Is located locate twenty miles mies from tom rom th the Vet Western r Pacific railroad and andt It t Is In an Ideal Meal location locton for or mining Th The Tho ground gund Is 15 heavily ly timbered and plenty of ot water for or all al purposes purpose Is sup- sup lied le plent ed The Te elevation Is lf feet and there thoro are ro h heavy snowfalls during the tho winter months month av It I has ha b been en controlled by Mr Walker and operated In a R small email emal way While hUe the ore occurrence Is II between n nU U tight ht walls Mr Cowan Is of ot th tM the opinion that hat tl this Is Js favorable for big ore development develop develop- ment at depth In case Ce lar large e commer commer- cia lal deposits deposIt are ore encountered at nt depth cal arrangements will 1 bo made for large lare plants lants and the ore will wl be b treated on the thc round ground The stock may may be listed on the theNe theNo New No- York curb later on on