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Show Mining JSfotej. An assesinent of 3 cents per share was levied on Carlsa stock this week, which means that $15,000 will be paid into the treasury of that company. com-pany. The greater part of this amount has been expended ex-pended in improvements and new equipment. Considerable development is going on and with the new drills and machinery Manager Joseph expects to open up good ore within the next fifty fif-ty or sixty feet and this at a point of 750 feet deeper than any other portion of the mine. & & & W. H. Tibbals is in receipt of certified loca-j loca-j tion notices and a letter from Charles W. Luck I to the effect that Mr. Tibbals and some eastern I associates are the possessors of some good prop- i erty in the Thunder Mountain district. Mr. Luck explains in the letter that the locations lo-cations are near the Crown group, owned by David McKenzie who will shortly take in a cya-l cya-l nide plant with which to treat the ore of his I properties. Jt ,55 b Another great strike has been made in the Wedikind property east of Reno, owned by the Hon. John Sparks, governor of Nevada. The strike was made north of the old ore body, about 140 feet away. The drift has penetrated the ore body seven feet, and the east wall of the ledge has not yet been struck. The ore runs 100 ounces in silver a ton. & & & Charles Buehler, superintendent of the Steamboat Steam-boat property in the Snake Creek district re's re-'s ports much activity in that quarter. He brought i with him some rich looking samples of carbon-ill carbon-ill ate ore taken from the St. Louis group adjoin-1 adjoin-1 4 ing the Wolverine. Mr. Buehler says the vein I trom which these samples were taken averages I about six inches in width and lies rather flat, but I that they expect it to straighten up soon and to increase in width. ls t ( The first shipment from the Naildriver was marketed on Tuesday and made returns that greatly pleased the management. The shipment was made up of about thirty-five tons that net- t ted the company in round numbers about $2,800. & e & The news of the finding of a very rich chute j or ore comes from The Trapper's Pride in the Gold Mountain district. The appearance of high grade ores in good quantities has given the management man-agement every hope of important finds at hand. A great deal of development work has been done without much to show for it, but the stockholders are confident that the reward for their persist-est persist-est labors is about to materialize. . c & There has been much comment over the discovery dis-covery of the oil soaked shale near Kemmerer, Wyo., and if the supposition that great oil wells are close at hand proves true, it will mean a great boom in that hustling Wyoming town this summer. But even if the wells are not found, and the shale can bo worked to advantage, it means a fortune for the stockholders. It is said that the shale contains from 18 to 20 per cent petroleum, pe-troleum, and with the coal and coke right on the ground for refining purposes the discovery should mean great things for Wyoming. |