| Show LEASERS EAGER 1 FOR EXTENSIONS Soven Troughs Property Appears to Be Particularly I Attractive Now I GROUND TO BE PATENTED t W to 31 MIe I V rt IB m mI t tI II I Iw Df I I 11 ji The Th f tat rt that thit th I a or on th tb the t property p y of ot the th B lIeven T J U company In tn the 8 sen n Trous III J X r ada da an rs sar to ot of time In tn which wille to toa MT p SI II arate a their of 01 vond tl I If Ii I pretty r lI od thai the Mall lAk who ho went wint Into t nt 1 Ij are re to c come ms out In T property II to con co W I r rid d v a ai many to bi tt w u Rood gooI us U a It In Inthe Ii Iii n nI i I i the tIN Troughs TrougH l PM ir w n tOme ironte of ot G th US tM eSst I rIke WitH madi tl ti U It I WM wa that tM cl IU h I rotten of th ts Ute company had granted I tho the guk d tor lor by the own swa ellS en rc of ot I Ines No t 2 It tt sm ut Ii I lemI little time ago KO a large lg vein of e t r rt tt t ore wan waa encountered In dale until SUCk uch m made ie to load lead the th parti petti In DUlo of 0 Ulla leae lenee 1 to believe bellve they have ome l pro of ot getting gatting Into Ito ome grade ore 0 In the Ike very ve near ear future Negotiations Negotiation have Mv been boon i Under una way for mr th the tise J pst a t ten teis days day an anit anI it I was wan reached late Ial yet 11 afternoon and the pa peare ni ar at a In the thedie i em clUes die of or A 13 Irvine the of o oth the th company redy for tor I Under the term lerm ot or the grent Kr the time the its lea lease ha 11 hee to run ha tins been I extended from IX n i to 10 IS 11 1 month One On ot oC the conditions exacted by the com coin comi i pane 41 1 I le III a shaft i ti III to be sunk Runk to toa toa toa a depth of ot feet f t during the th lint IS 12 or oi th Ih the original time the leaie wn W R lo to M hAS run TUI and the work 19 III to be done to the approval of ot the engineer of o the company which U Is I a guarantee to Q the of or orthe the that It will be b Ion done right rI ht It U IB te also aillO agreed that during tho the of or the life lite ot or the tho i leue the company compan Is III I to rt a 1 aL l royalty of or U 13 per cent cant of or the net proceeds proe from all aU ore nrc It va stated by ail an al 1 of ot the company today toda that it t Is 18 highly Im Improbable Improbable probable that any of ot tho application for lor ot of the other leases lane will fee bt b for tOT the reason that the tho of tit the tho company believe bellve the mine hAIl t on n proven and that U I would l be h to tn HI l IMIr bt e r Or Of if It the company oper oler operates ate ates nt the property pro pert on Ill ite t own account I after attar they expire t Engineer have been employed to tomako 1 mako mak the preliminary for tor the 1 patenting of the claims claim J Home come of ot which adjoin the Uie Hills mine This Thi matter maILer l III Ia fn In charge chargo i of Attorney Irvine who will carry arry out outI I the Instruction of the directors r lo In i this regard as ac n rapidly an all a possible 1 |
