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Show Mining and Financial News SHAFT RUSHED AT SILVER KING Silver King Coalition Mine eom pany la making rapid progreee in completing the surface plant at tha site of lie new shaft near the bead of Thayae canyon, Jamea Ivera, 'geeieeae manage, announr4 Titee-..., day. hoarding bouee. holet house and com pressor house have been com plated, the 100-foot steel headframo ha been erected and warkmea are now Installing the holet and aorn-preeanr aorn-preeanr and pouring concrete for the shaft collar. Mr. Ivor predict ed that tha company will complete Installation ef machinery, and keg la sinking within JO daye. The shaft will be moa feet deep and the work I expected la require twa years. The site la three mile northwest af tha Silver King mine haft, at the font of tha blU aa tha east side af Thayne .ran von, a short distance from tha aid California Califor-nia Comotork mill. Tha ahaft will be connected with tha working from the main shaft oa the leno-foot leno-foot level, ventilating a far-flung section of the mine and facilitating accese ta working place removed by great distances from preeent workings. Mining men who have visited the site eay the new shaft will be ane af the finest In the country. It will be of triple compartment (Ire, lined to la point below bedrock with concrete, reinforced with steel It will be powered with a IftO-horae power iNorberg olertrts holet a duplicate, except In is. ef the one receotly Installed at the mam shaft. Ail building will be equipped with cteam heat and tha company will keep the road open all winter with caterpillar. |