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Show LOCAX IETIBXST IN . . ' Q0LD7XKL2) PU0PEBTH3 A very Interestlnc proposition yust now; In which there .. la 4 invested a goodly amount by Utah talent, la the property of the Great Bend Mining company at Gold-field. Gold-field. As yet the- management has obtained ob-tained only a shallow depth, compared to the underground workings of the great mines of this State, and while the men are driving away at only a couple of hundred feet from the surface, there has been some sylvanite encountered in- what is known as - the McKans lease - that runs ss high as $30,000 to the ton. la addition to a large tonnage that is being extracted from this wonderful property, there are at the sampler now no less than 1000 sacks of this high-grade ore awaiting treatment Only a few months ago a number of the Investors of this city oorraled large blocks of this stock for 12 cents, and some of It 1 lower, having been advised of the excellent excel-lent location of the ground. Since that J time -the stork has pushed ahead and sold up into the 70-cent division, with the pros- j pects very favorable for the ground to be developed ' Into a breadwinner before the summer season has drawn to a close. Still another mining proposition that Is i attracting a great deal of attention Just now, and which is located In the same district as the Great Bend properties, is the group being operated by the St. Ives Mining company. A few of the local speculators were tipped off on this ground when the securities were very low, end within the space of a , very short period they have been given an opportnity to draw down an immense profit on the original investment. Not all of the shareholders share-holders hsve deemed It t indent to market all or a part of their holdings st the market mar-ket prices, and that they have shown good Judgment In holding onto the stocks is borne out by the later reports from the property, which indicate that there has been a strong vein encountered in the company's domains that carries values of from $266 to $1000 per ton, end which bears the earmarks of being permanent. |