Deseret Evening News | 1900-01-10 | Page 6 | Graphite Claims Bonded

CI 1 OIW ot of New Nel Jersey lr The fhe American company or of New JelY Jersey has secured several gra graphite claims nel near Mt l Nebo bo under n a bond which calls tor or the tho payment of at 1 a r I It at an any time toro the hour of at payment any ot of the pro product product duct Is marketed the contract cals calls for tor forthe the payment ot of tIer ier ton i La royalty roaH The fhe company has Put two men to work and I It Is the intention to lo sink n a ShAft to determIne the depth to which the mineral extends SamplE Samples take from the thc surface show 20 to 25 pvc r cent graphite but I It Is expected that do de wi will show something that wi will be worth shipping Even Eli the out ut Is Sd said to be worth washIng ad adM and M an an abundance ot of water I Is close by bya a plant could likely bo be profitably worked on the present grade Abut About feet teet of at are said to be exposed In the tho vicinity I