Show OPTION IS EXTENDED ON SEVEN TROUGHS TROUGHS' I 1 Syndicate Given Until October i I 15 to Close the Big Deal j i IS lS FOR SHARES i iI I Insiders E Evidently Confident That It Will Be BeTaken BeTaken BeTaken Taken Up I II I Indications nUnns ore are that thai tile the option held 1 by hy a aTos Ios Angeles geles syndicate upon iOn dim res of oC the stoe stock of oC the Seven TOl Trough company compan at of 18 1 1 2 a n share will be he exorcised exercised Nl Nothing definite concerning the status of the heal deal dan can an h be 11 gained Jainel at this time lime except except ex ox- that the Ihl time lime for taking up the option has b been 11 exten extended p until October Octo Octo- her ber 1 13 15 G hut but n a well known Imo local broI broker bro bro- I ker Icer Cl who is vcr very clo close o to the tho Insiders said i yesterday that the indications were that the deal leai would be made mad 1 L. L A. A Friedman tanager manager of oC the tho t Ie Troughs Mining company compan Lester Mangum and J. J Will Knight ht were 11 allin nil all In th the cit city yesterday e pre presumably on business connected with Hh the option deal lea They admitted that the option had heel been extended for fOl six Ix days the they were evidently In a well satisfied d frame of or mind The They declined to lo re release rolease ro- ro lea lease further information however howe eve even fn the of those thOM hol holding tho the option being still withheld Mr 11 Friedman Friedman Friedman Fried Fried- man left for Cor Denver on the tho noon train Mr Knight ht and Mr Ir 1 Mon Mangum have Just r returned tu from S Seven vt n Troughs Trough They rhey rhe express the highest pleasure with what whal they saw there fh The mine th they say i is looking hotter hetter than fv ever r before The fht shaft I Is nearing the foot point and the drifts in the upper levels le ar are rapidly Increasing the amount of ore In sight At the HIP jOO level a station will ill be he cut cui new now levels Ic will be bo run and the toping sloping of or ore for shipment will be started at It once lx Like Big Biff HI Mine The condition of or the property properly Is al already already al- al ready pretty prett well known Imo in a general p way The vein has bc been n explored lOtho to lO the tho depth of GO feet feel by drifts run at nt er c every foot 50 level pl anti and this exploration lion tion Includes about feet In the zone The Tho vein In I Is about 1 12 feet reet wide the larger part of ot It heln of af comparatively cly low grade ore There are ire two or three feet of oC shipping ore and a n. streak trae of from four to ci eight ht Inches of or extrom ly high grade stuff slays slays- Jh tho vein yeIn ell xh cr opened d u eRa l' l 1 n th gulT n in vein Dp stron stronger er and anti better as depth Is ht- ht ta I ned One Ono of Salt Lakes Lake's most mot con conservative conserva er a thc Live mining engineers said after examIning examining examining exam exam- ining the Fairview mine that it had the largest quantities of extreme extremely grado high oro ore that he had ever seen In any mine It is conceded that this showing together with tho the large bodies hodle hod- hod le ins ies of lower grades Jrade should make it a valuable mine The I Knight Friedman crowd I Is now engaged In building a amill amill amilt mill milt to lo treat treal lh the low grade OI ores of or this and lh I other oilier mines in 10 the district ills dis |