| Show I C CHICAGOANS IC GO NS f ENTER BIG COTTOr W O 1 As Result of n iI X I Wilson I Company Compau Will ViII Retire Ire PEAK M HI M CO New Concern Absorbs the Old GM One Preparing to a LOUR Jong Tunnel Corporation cn have become In In lii ii n Illg iH Cottonwood Colton wood mining proposition us III n a II u of ut n II deal a 0 few C w ago ngo a new lIew company Is iN In lii the of ot organization lion tion and 1111 1 will lii bu IM known nH ns the Peak Pic P alt Mining company with a n stock tok tod of or of ot tho par I I Ill of ot Si 1 enoh Tho Thu new company will absorb thu Wheeler huIer Wilson Mining which hn hOI IIren by 1 local par parties parI ties tlell I ii in itI tho t lie property n It v Or ry r proposition During lust int III t somi good oro ore bodies wore Ware disclosed A ot of ore oro was made to 10 local just before the Iho of If the tho heavy MOWN anI tho Iho shutting dt of the mine for tho Iho tim family III mil ot of the te now new ne com eom pany Iia not lIot been ill made iii hilt but It Il Will IIi be lie tho the of ot tho the we l W SV K P 1 Uray Iray tin tho mini iger MIll Mid today that It la Is t the purpose or of the company to commence ie nt 11 i L to III drive ti n new jiow down the t ii e mountain nion H ii a lie he Ii 0 will V I I louve fur rO r tho mine mIlle 0 iii I III with i mt 1 II engineer to locate the spot whew heri tho the viII Hiatt MI Mr that It will wilt require nt III a least 1000 foot feet of o tun ton nelling to III tap top the tho ore oro now disclosed hove n a IiII will ri I I n it depth tit on ii I the ho of It 2000 1000 pot feet whereas whelen Hit thu up per tunnel eutH the oro ore only MO OO feet Ceet I under tho the The rue property In IR I located In a I section of 01 the lug JUg district It 11 Is nut lint to III exceed a 1 mile from tho the mine ono one of ot the tho reg reI War ular 11 to the tho local market H In III In I ii tho name belt bell which has hll been heen proven In III Alto AHa Just over Oer the range work vork In II IcIng being pushed forward tu iii the lower tunnel It will viii progress with equal vigor In tho the upper workings Considerable work vork to tn he be done dona there to make the ore oro odle moro more fly but Manager Oray aray expect to ho bo ready to nomo iome Into Inlo mar kot regularly with ore In lii any Where to t SO JO days daysly ly By the enlistment nf or tho the help holp of ot cant ent IrI talent It In III the tho new company irl oft off with ample amplo funds on Oil hand to lu carry eMry the tho work outlined to rt a 1 completion Tho now new company will Mart dart darton out on i nil es the of moro than thon 13 12 1 claim upon which uro nrc very wry enticing Ilvo veins ehlA all 1111 from 11 a 1 point pot at near tho t lie liMIt hectic from which I the corporation derives Its It title An average of ot tho the pay ia 1111 rute In the Iho upper workings shows howe 27 7 per cent cont lead leal null and I 23 ounces N silver dilver |
