OCR Text |
Show OPEX STOCKHOLDER IN LINE FOR TWO-CENT TWO-CENT USHER" Opexr stock was assessed 2 cents a bars at the regular monthly meeting of the directors of th company at th Knight offices today. Be ports submitted show prospecting being continued oa the 1400, 1600' and 220 levels. Other Knight directors also met this morning. Conditions at th Black Jack wer reported very encouraging. Ore is being mined at th Unci Sam and shows better values. Work is being done in the east and south sections in the bedding ground about forty feet from th end lines. E. B. Hieainson was refused a leas on th Black Jack dump. Th proposition of erecting a eyanid Slant to handle th product of all the Lnight mine Vas discussed. Indications Indica-tions are that tha plant will b built. Sioux Con. directors transacted routine rou-tine business. The shaft has reached the 5.i0foot level and. shipping has been started again. Th drift on th 200 level of the Black Jack waa reported to be ia virgin territory northeast of the shaft. The leasers are keeping up good production. The Knights have been watching this property for several years, and "uncle Jesse" has expressed himself as of the opinion that it will be on of th big mines of th district some day. |