Eureka Reporter | 1908-08-28 | Page 1 | Consolidation Deal

consolidation deal the deal whereby the lily property the provo mining company 9 ground the two claims of the little silver king as well as several other claims ot i all in the eastern part of tintic gintic will be combined and operated by one strong company is rapidly being corn com plated grant snider who in corn pany with his associates is engineer ing this big deal was here the early part of the week the gentlemen have already secured control of itlie the lilly and have an option upon the other ground the provo mining company shareholders are to receive 20 ef ants tits per share for their stock one half of which is to be paid in six months and one halt half six months later according to the terms of the option bork must astarb upon this ground early in september of this year if the deal goes through successfully and there is every reason to believe that it will a modern hoisting plant will be installed at some point on the ground possibly upon the lilly where is already a fine showing of lead ore