Show High Grade in paloma shaft shaf t company to let contract for immediate erection of buildings eight inches of high grade siver silver lead ore is showing in the bottom of the shaft being sunk punk on the paloma gold and silver mining corrian ys property in the star district of beaver county lull recording to a letter received yesterday by lorin hall secretary of the compa company riv the company recently lot let a contract fot foi the sinking of the shaft an additional dit ional feet from the prcy ent lower level the management announced yesterday that a ern eintract tract would be let immediately for the construction of buildings on the property the main shaft has been flunk on an incline that follows the contact between the and the limestone formation it is now down beyond the foot point it will be continued to the foot level before any effort is made by the company under tinder the pre ent plans to prospect any of the adjoining territory the contractors have recent recently lv broken into the white soluble formation in which the ore bodies make and according to the letter received yesterday the foot wall which is composed of has straightened up and is at present practical ly veri vertical ical the lesseos lessees les lei sees to wham whom a lease to as granted on the ore shoot lying about fourteen feet to he south of the shaft shaf have star started teci operations according to the terms of their lease they will wil follow the ore shoot f fim n the foot point to the surface and it is believed that when the c e is made wit the surface tile the ventilation will be improved in the main shaft the ore was mined by thc jhc company from the foot leei ledel to the foot level from the foot level to the surface it is of lower grade and will have to be ba sorted by the lesse lessels lessees les sees eq by which it will be bru brought light up to a shipping product produce the erection of a boarding house and a bunk house will be started immediately immediate lv on the property plans are also under waa wa to install a three drill compressor on tile the property in the near future secretary hall will go to the property today to measure up the work that is is being done in the main main shaft tribune |