Show BEAVER MAY MAYBE AY BE FINANCED BY LOS ANGELES PEOPLE Special to The he Telegram FORTUNA Jan 22 Word Word comes from the management of ot the Beaver Mining company owner owe of ot an extensive territory of ot choice mining ground gound adjoining adjoining ad ad- joining the United States Smelting company's corn com pany's property at Fortuna to the effect ef et- ef- ef feet that a deal is pending between the company and Los Angeles interests the consummation of which will wl mean that the property will wi be sold outright or that a sufficient Interest will wi be sold to Insure Its is thorough and antI adequate de tIe tIe- The Whalen lease has ha attained Its first objective It has penetrated the Davis Dvis lease vein the bonanza lead leaa up to date Oate at Fortuna Fortun Utah Utah The Inters intersection was ws made a a few days ago at a point forty foty feet teet north noth of a the United States smelter shaft and on the United States ground gound feet from the portal of the tunnel and at a depth of sixty feet In addItion addition additon addi addi- tion ton to six feet of quartz and a foot of ot manganese over oer thirty thiry feet of other vein matter t has been The lessees are now w drifting e rth i Sf for an al ore e lioe elioe shoot Ward Zimmerman Waldis owners of ot the Magnolia Magola gold territory at Fortuna For For- tuna tun Utah have received enough capital capital capital capi capi- tal and assurances to begin extensive developments developments de developments de- de on their property They are ire starting a shaft shaf at the point where they recently uncovered b bv by trenching good god values across a foot fifteen vein They will wi use ise a windlass down to the fifty or or sixty-foot sixty point pint Gleason Financed Fred Gleason nd associates owners of ot the Nevada Wonder Vonder and Golconda Golonda Extension gold groups at Fortuna Utah have just sold an interest to John M. M Murdoch Murdock a prominent citizen of Beaver Utah Following this sale development work has been resumed In the Gleason tunnel on the Golconda Extension group This his tunnel is due to cut the vein any day at a depth of ot about fifty feet The TIle vein outcrops as a strong quartz body showing values over the point point of of the proposed intersection The Davis Davis' lease the original bonanza discovery at Fortuna Fortuna Utah Is to be developed developed de tIe- with wIh accelerated speed from now on in both the upper and lower levels v The United 3 J States te Smelting company has secured the right to work and appropriate the ores below belo the foot level of the Davis lease shaft shaf providing It i will wi permit permit permit per per- mit the use of its Hs own shaft as an a exit for the lease ores between the sixty and foot levels A whim is being Installed by the lessees to handle the product above the sixty-foot sixty level and a trestle is being built bunt for the transportation of the ore oreo across across' the tho gulch where they will be b stored pending shipment to the wl Sheep Rock mill five miles away Tracks are being laid on the sixty foot level Deals Deais Consummated Fortuna operators and promoters promoter G. G A A. Kernick E. E D. D Dart Dart and C. C W. W Whalen figure in a recent substantial Walen mining deal in the western wester part of Beaver county They have agreed to take takeover takeover over the White Pine silver lead property adjoining the St St. Mary Mar mine in inthe inthe inthe the Star district near Milford MifOrd on a bond for Ore of a a good shipping gradIs grade grad Is exposed in three places in a tunnel and and the new operators operator have already put men at work developing these ore bodies and taking out ore E. E G. G Lott the well wel known mining man who has just returned from South America visited Fortuna Utah a a few days ago He declares that he has seen enough under the present unfavorable weather conditions to insure his coming I back as soon as the snow is gone He says there will wi surely be a rush to Fortuna Fortuna Fortuna For For- tuna in the spring J. J T. T Waldis of Tonopah an associate of Ward Zimmerman owners of ot the tho theM I M Magnolia gola has come to Fortuna to stay and assist In the development of his interests here Fred J. J Amigo a mining engineer engineer engineer en en- examined properties in Choke ChokeCherry ChokeCherry Cherry Cherl hollow southwest of the main Fortuna properties about a a mile a a few days ago He was accompanied by D. D I. I Frazier and J. J E E. Foutz owners ower of the theAnn theAnn theAnn Ann property and by G. G A. A Krac and E. E D. D Dart of San Francisco who are said to be negotiating for the property |