Inter-Mountain Republican | 1907-02-17 | Page 11 | To Take Advantage of Boom at Pioche

TO TAKE ADVANTAGE OF AT PIOCHE Demijohn Mining Company Has Money in Treasury to Start Work That the Pioche Demijohn Mining company recently incorporated here purposes taking full ati advantage of ot the thc boom in the old Pioche district Is evidenced c b by the fact that President J. J S. S Free of tho the company will wm leave today to begin active development le work worl- on the property The Demijohn company is unique among now mining organizations In having had the sum of or 2500 2600 cash ash left for the treasury after Its property had been entirely paid forthe for The rhe company owns six claims the Demijohn and Chester groups rouls in the I Ely district at Pioche These are arc amile a amile amile mile and a half hul from the Ohio Ohio- Kentucky estate and adjoin the ground of ot the Nevada It also owns tho the Luel Lucky Do Boy group of four claims In the Highland district On the Demijohn tho the deepest Work is a shaft shan with a n. four foot silver lead vein expo exposed eit This shaft has been In ore from rom the thc grass brass s roots and tons have been shipped which yielded a gross value of or 65 to 70 a ton tots The Tho Lucky Luck Boy Doy has a a. silver gold vein at the bottom of tho the foot 40 shaft Samples show ounces in silver sll and 4 1 1 to 10 In gold The company's board of directors ha has voted to place only shares hares t s of the treasury y stock on the market at 25 cents a n share The officers and anti directors of the thc company are arc J J. J S. S Free president O. O A. A Bailey Dalley vice Ice president W. W M. M McCrae secretary and treasurer Edgar Edgal O. O Best Dest F. F E. E Parish Parish I The members of the company have haxo not the sll slightest t doubt of being ablo able to develop both its properties s into paying paying pay pay- ing mines It expects to begin Its first work in the Demijohn group starting development of or the Luck Lucky Do Boy later latel in the summer