Show Z t another strong company launched col murray and associates have secured valuable groups of claims in tintic gintic will commence work et t once A deal which will ill undoubtedly undoubted 13 hav have e an important bearing upon the future e history of the tintic gintic district was con summated this week when col thoe thos P murray of 0 los angeles in behalf I 1 of bims if and associates secured an option upon four claims which are owned by captain hugo Dep deprizio ot 0 this city and v which aich are almost dirac ly north of the yankee cons hoi hol I 1 ings the four claims are the cum coin stock east humbug knight and jack fraction and the chances of this group containing the north ex tension of the colorado ore body are considered excellent by some of the best informed mikii manug g men of the district 0 the deal which was aas successfully closed up this vi eek has been under consideration ever since col murray visited this city last summer and since that time a 45 foot shaft has been sunk upon one of the claims As soon as the details in connection with the new company which is 19 to be formed are working out the development of the ground will commence the shaft will be timbered and chile w hile this is going on the company will install what ever ament is deemed necessary be fore leaving eureka col murry stat ed that it is his intention to try and secure air from the yankee cons line both for hoisting pur poses and also for the operation of machine drills should it be imps sible for him to make such arianne ments with the yankee people he will place an order for hoisting ma chinery a compressor ando and other therma ma berfal required to give his company a modern plant we are not afraid of deep mining said col murray to the reporter I 1 in fact we anticipate prospecting ting the ground at depth unless we are fortu nate irl in getting what we aie are ai e looking for nearer the surface our corn com pany is not being organized for the purpose bf belling stock as we have ample already in the treasury rv to meet all of our requirements for a long lon time to coined come the new ri vv corporation will be kno 0 as the murray hill ang co ind capt Dep rezin is now in charge of perty capt Dep rezin s claims are ate well lo 10 gated and are undoubtedly among the promising in the eastern bee u tion of gintic tintic tac V mining men declare that there is enera rea son to beneve that the colliado Coloia do vein passes beyond the bortl ern end line of the beck beek tunnel through the east ern part of the yankee holdings and on toward the north and this accounts for interest which is now being taken taken in mineral ground in that section still north of ohp group which col murray and associates hae have just secured is the property ol 01 the north colorado compan a new corporation which will file articles arti clea at an early date amounting in all to twenty claims john roundy gene ral superintendent of the knight mines i in tintic gintic is behind the north colora do company he has made a careful study of the surface surf ace formation upon the ground which lies to the north of the colorado and is determined to do some prospecting there col murray has been interested in cintio tintic at various times during the past twenty years and la is well known to many of the older residents many years ago he purchased a group of valuable claims and afterwards trans berred tl em to the bullion beck beek corn cont pany the amount which the option upon capt Dep rezin s ground calls for has not been gai en out but it is j generally understood that a bial payment has already been made |