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Show YAMPA WILL RAISE MONEY WITH WHICH TO DO PViLOPHENT With th propta of an Improvement In the metal market. It la hlh1y jrob-j jrob-j able that there will be an espanaion In mine opera t toe throughout the weatera country Already plaila for larver development devel-opment work are btng con(d ered by everal ot the opera tin coniDeatea of this state. One of the Arst of thee to be mentioned Is the Tlntle company, which la the hold In company (or the Ysmpa properties at Bin ham. Grant . Schley, preslrtent ot this company. com-pany. In reply to recent Inquiries from stockholders, said that the company poe-sed poe-sed a large body of low trade ores, whlcn would be unprofitable to work at the ex la tin price of copper metal. At the present time they are confining their extraction to some of the higher grade copper ores. The company closed down Its smelter last year snd for more than six months past shipments have been made from the mine In Bingham to the Oerfleld smelter. After the expenditure of large sum of money In constructing its own smelter near the mine In Bingham, the company decided that It could get a better treatment treat-ment charge from a custom ilant. 8ln' closing down Its f urns es. It Is said, the company has been paying Its own way. Mr. Schley says that they still have a large acreage of virgin ground, but thai tha treasury Is not In condition to permit per-mit development work In that territory. The company la controlled by the banking bank-ing house of Moore Schley. The only solution of the company's a flairs appears to be some mora financing. If metal prices continue to Improve, It la probable prob-able that announcement will be made of a plan to raise the necessary money and extensive development will then be Inaugurated. |