Show NORTH GODIVA CLAIMS BRING LARGE AMOUNT paid over for this pro perty by the chief cons claims needed to round out extensive holdings officials of the chief Consoli consolidate dat ed mining company have just corn com plated a deal which gives them ap proximately acres of new min 1 eral oral land which was formerly em braced in the holdings of the north godiva mining company a corpora tion that Is controlled by jesse knight and associates this busl bust ness transaction has been pending for several months but it was only a short time ago that the formal transfer of the ground was made and the purchase price 50 paid over ov e r to the north orth godiva by the ch chief I 1 of connof consolidated abed 0 officials f f st t the he ahle f Js e ed d e company 0 state ia t e tha J ta kang over the caal claim mso the owr ah godiva they are simp simply car carrying ing out plans made some ye ars 0 the object of which Is t to 0 so afy their territory the claims in question were wedged in between the eastern and western sections of the chief chiefs s holdings and it was this fact rather than the like lahood of their containing rich min eral oral deposits that induced manager ritch to purchase the ground the chief company now has about eight square miles of mineral land I 1 in this district there are a few parcels of what might be termed foreign ground within the boun daries of this immense tract and it is s generally understood that tiati ons looking toward the pur chase of these small tracts are un der way at this time like the claims of the north godiva these pieces of mineral land are needed in order to give the company a solid tract manager fitch ritch of the chief cons company has on various occasions announced his intention of confining the operations of his company to the tintic gintic district believing that in no other section of the west are thero there greater opportunities awaiting and intelligent mine deve loument the immense territory which his company has acquired during the 13 past ast halt a dozen years will not be permitted to remain idle as he desires to perpetuate a mining en ter prise which at the present time Is equal to anything in the state bar r ring ing the one large copper property in salt lake county the desire to branch out with this development work caused the formation of plans tor for the chief s large no 2 shaft mention of which Is made in another part of this issue and it Is barela possible that before the new shaft reaches the water level plans will be under way tor for another shaft to be located about a mile further to the east in more ways than 0 one ne these are ra rather ther uncertain times tor for the min ing industry of the west and many of the large operators are rather adverse to doing extensive development work because costs are so much higher than they have been at any time in the history of mining the chief cons people however have al ways favored an aggressive policy they have refused to either stand still or slip backward with them mining Is a business and a perman ent one not a makeshift arrange ment whereby they can pile up quick profits wit without hout thought of the fu ture ure they have but one course and hat that Is s forward orward and at full speed |