Show WILLARD SNYDER ON HIS NE NEW Tells News Bureau About Properties at Ely and Black Horse I. I ELY CON IN GOOD COPPERS COPPER EL iSI S hg-am hg ii iii Nl lla lh Vai ter r Ioner Could Pay laV 1 Ui I f- f oil nil UI I F SI Snyder who visited BOHton BOH- BOH ton tun the lie other uthel day In iii connection with his mining in Interests t was Interviewed upon the lie subject of ur his promotions by bylie bythe bythe the lie stun Boston News Bureau which mentions men zuen- tOIS hl his having ha soul sold Ihl the property now con the Mining 1 company to the lie present enl owners tot for 01 1 5 i Z 1 0 t Air Mi- 1 Snyder has bought ht and amid sold eight t now all aU 1101 producers the he News Bureau He lie le says that hat was wa sold too cheap and that hat Its ls stock Is easily worth toda today HO 40 O a n share shuro but the death h of or P. P L. L necessitated the lie quick dis of If the properly rt at the best price obtainable Developments Dc under ulder the the Jil resent management have opened up normous tonnages of ore in addition t o the UtI tons tOlls In hn sight when Mr Mi- Ir Snyder n sol sold hl his 20 per pet cent in- in crest In the thc properly The he company hats three miles mies on the lie tt strike c of lh the lode ode Its ls ore oie is self fluxing containing ill all the iron iroll sulphur and amI amIca silica ca in lii roper proportions to permit of of- an au reco er recovery of between 4 40 0 50 O pounds of oC co copper a ton with wih gold oh a and ton 11 silver aIU values s amounting to In regard to tu the tho lily Ely Consolidated of or which he lie Is hi ICO vice Mr Sn Say Say- tier Is quoted as ns sll saying EI lily Ely Coma Sho I III ug ThiJs cOl company un Is cl capitalized for 01 shale i pat par value 10 Thor is I. I s c cash cUMi h In tho the treasury Time The ty opel consists of 25 mining mining claims com Ising iGO acres located In the thc EI Ely mining camp of or Nevada e adjoin adjoin- In Jug ng the Nevada Consolidated on the south We e have three thice shafts down downan an and within a short time we should have ha c lave a large tonnage of ore blocked out out Tho The American shaft haf has reached cached he the rich iichi and und has lias sulphide zone passed passed pass- pass ed d thit-bughi thit several bodies of or oxidized ores os showing values alues of or from two to toive Live ive U c per cent cent The Brilliant Brilant shaft lifts has hf pase passed through at least 30 feet teet of oC oxidized copper showing from froni three I to el eight ht per cent with wIh the usual gold values alues of oC the camp Speaking ing of or the Uie Amalgamated Ne eva e- e va vada ada n company coman of or which Mr tr Snyder Snyders Is s a director the News Bureau sy says that hat Its Is stock is s selling privately and amid OIL em n the curb around 3 to 5 This company Is s capitalized for tOI shares par Ial 5 C G. G There arc c In iii n the treasury y share e while the lie re remaining i-c- i Ie- Ie shares ate are UC tied lieu up II by the lie dir directors until July 1 1 I 1907 Oi There are no hon bonds s or ot other othe Indebtedness Mr h Sn Snyder said Id Amalgamated mal Nevada ala 1 l i. The Amal Amalgamated Nevada e property consists ts of oC CO GU or 01 more quartz I claims and 1000 acres of or placer gray grav el ci running from Crom 1 15 cents to lo 1 a cubic I yard There are al also o in addition additon water rl rights lo 0 tl to tu 1 hor horsepower horse horse- e- e I power 34 miles of or Humes lumes and amid ditches atari and Uil acres of or ranch and antI fruit lands The Tue properties pi aio tt c located locatell in the Black Baek Horse mining district 30 3 miles cast east of eJr Ely Eb Nevada There Thero o are aro 2000 feet feit 1 of it tunnels antI and al and it 16 men are arc today driving ant he lie main l and antI shaft shaft- The rhe main mahl is iK In itt feet and will wil cut the lie mall ore tji-c 11 hotly body r rl l I Ir r feet el 50 IU feel feet below the time col of- of the thie han li a ft This nw ore el-c Is a true rile e vein cIn 75 feet wih wide with neither wall In itt 11 sight ht TI Ten lemi I feyt iet of this his vein on un the surface face cs ij C. C two feet ages avem-ages 61 I gold guid uld and amid U 1 1 sliver silver u and al at althe the hit foot root I level this two feet has hats wJ widened ele to tu live e 1 fe feet t with wih values alues main maln- allied The Tho balance of the le ledge gc runs from froni 10 10 to io 60 a u ton Ion on We rc 0 have shipped from fi hue Ihu ten ten- I foot ami two foot foot tWI-foot veins 1 04 tons tuns which IVI averages u n ton tOll The lime he rich kit ore ou-e 1 Is now being sucked sacked and shipments will be he resumed within w thirty s. taM I 1 1 am ani confident that t we have ha a good Joud property y both hoth from flum a mining standPoint stand tand- Point nl and from fl 1 the fact that lint we have havea a water power which alone alone- ulon properly S I utilized be 10 made lo to pay Jay ay divi IJ I on our stuck stock |