Show outlook promising for ground 0 discovery of ore in grand central near line q reawakens interest in m the tf stock of the latter company 0 ore has just been opened in one of the grand central fissures run ning toward the and this dis covery has reawakened hope that the extensive holdings of the latter company may soon be brought into the productive stage As Is generally known both of these properties are owned by the chief consoled Con consolidated solid a ted people when the grand central was ac quiren by the chief cons co about the first thing considered ivas was the development of new ground and one of these prospect drifts was driven on a fissure which extends from the grand central into nto the this particular piece of work has tor for some time been developing a most promising section of mineral ground in ja which there have been some values this week however there was a most promising change and a full face of shipping ore Is re portel the face of the drift Is perhaps not more than fifty or sixty feet from the line which separates the grand central and and it seems reasonable to suppose that the ore deposit just opened is a discovery that will have an important bearing bearin g on future operations of these two mines particularly the until the grand central was ad I 1 ed to the holdings of the chief cons company all ot of the work to in behalf of the was performed in the north end of this immense mineral tract which Is probably a mile in length the work from the grand central shaft will naturally tap the extreme south end of the nearly a mile distant from previous workings and it if ore Is developed in that part of the territory it will be pe handled th rought the grand central shaft 4 officials of the chief Consoli consolidate dat ed company state that it is a little early to comment regarding the new discovery in the grand central but they admit that an ore body at this point will mean much to the which carries several hundred feet of the fissure on which the ore la Is making it Is quite probable that this fissure will immediately be explored in a northerly direction such development work will be watched with close attention stock was in great demand on the salt lake exchange follow ing the news of the strike in close proximity to the company a territory the issue started out the week at 24 cents and on a single call the price doubled the advance continuing un til the stock reached 60 cents when the reaction took place |