OCR Text |
Show Essex leaches Accord On Milford Properties property. Additional property rights were also covered in the transaction. The recent agreement with Toledo is an outgrowth of the continuing metals exploration programs of Essex (see page one of Christmas section) instituted in-stituted to investigate the pos-sibilites pos-sibilites of augmenting the company's long term copper source-'. As a major manufacturer of electrical wire, cable, and controls con-trols for the electrical industry, copper is one of the basic metal met-al ; user! by Essex. No financial details regarding regard-ing the transaction were released re-leased by Toledo or Essex. f - 1 I M (T ' J 1 I '.jtriSCSS&ev-. 5 " ! rjr f 1 r : ' , ' ' iiirtitijfc ijfaiy fci&a jfej- J Hcivard Lansicr General Manager cf Essex Mctallurigical and Mining Div. Essex. Interrational, Inc., Fort Wayne, T.ndiana, and Toledo To-ledo Mining Company cf Salt Lake Ciiy, have finalized an agreement regarding mining properties at Milford, according accord-ing to Howard Lanier, general manager of Essex new Metallurgical Metal-lurgical e.nd Mining Division. The Essex-Toledo Agreement provides modifications of the basic mining lease allowing further development of the |