Show HAVE HAVE SECOND STRIKE AT GRANITE MOUNTAIN New Company Is Financed and anti Ready for Active Development An Illustration of or the thc fact that mining i propositions of exceptional m merit nt will wi attract capital even in Iii troublous times Is provided b bj by RI Richard hard Singley and Fred Schrott of this elt city In connection with the tire financing h of their property at n GranIto Granite Granite Gran Gran- ite Ito Mountain Nov Net Ne NeThe The proposition llon was T launched at the beginning beg of oC the financial finan cial depre depression Ilon and It t Is now no Cul fully prepared pro pre pared for an active e acl c campaign of of devel pre pre-I Denver r capitalists CI nave have Interested with them Ic in Iv the project t. t which is known as the thE Granito Mountain Moun Moun- tam tain Mining and Development Dc company compan Several men have hae h boon n at work prospecting prospecting pros pro l cUn the ground from the start and yesterday este ay word was received that a R new strike had l been heen cen made 5 feet north o n of the tIre orl original discovery ls malc overy This virtually proves th the vein fo for that distance and It ItIs Itis I Is provES evident that the values an arp staying with It A picked sample gave assay returns return of or 5 9 9 per cent lead and O 60 ounces In silver T Dt ledges ps in tho the and th the character charac charac- are nrc very large barge c such ter or of the ore and the formation I Is tel that experts have no hesitancy In predicting pre pre- the rl permanenCy of tho values which are arc hl h at nt the tho sur sur- face A road I Is being built buit from Curry the station to the tho mine which reduces educes staton distance from th the n nearest shipping point one half that dis dEs miles to about 24 from tance Mr Schrott who Is ls more commonly Dutchman loft left last Lucky known as s the y lef night for the camp to employ more men and la lay out the permanent work ANTICIPATE Wo il L. Ig n. n g n United States State's to ti Inkt on Ill Cent Copper Interesting in view of or re recent recent recent re- re Especially cent developments de headquarters are Ire figures prepared of or the Boston at tho Refining an and Smelting States United company showing prospective Mining for 1908 wi with earnings of or th the e company compan the Rio D Del l Monte Monto n in n rull run operation based on l 1 12 per er cent These f figures ures are a as follows copper M Mammoth property pounds cost eight ight cents Rio Del Monte Lead smelters smelter at nt Bingham Copper United States Slates Smelting company arid and RIchmond a Sm Smelter at nt Chrome N. N J. J Refinery J 30 Total prospective earnings s 1 IOOS OS 4 Managing Director Holden Hollen has said company's earnings s would be th the that only r reduced by the closing cosing Junction smelter down of the n. n SUNT I ST HY IY MAIL l utro I of or Nines Mines 10 t h hy Uncle Helena Mont Nov ov 15 Among Among a.-Among Among the receipts at tile the lont United States tates a aKtay s ay office In this city during tho the week were fh five gold cold old bars of an estimated wel weight ht of or Cc COO Co ounces from o tho the Kin Barnes King In ler- ler county count The Tho gold was of or a fn fineness nes gus KUS Jold Jus which would give Je It an estimated value alle of no or 1 Hi 17 an m ounce 0 It I is not known ju t how long a run this cl cleanup JUll Is that represents represent hut but the suspicion it la Is for the mouth month ri Tho rho regular dividend divi I II In the d dead nd payments of th the company halcyon days amounted to a month so o. o following out this conclusion lon the propertY properly rt could b bo be In far ar worse shape estimated that thai th the tho profits from it b being I this run would be lx 1 at K-a K least a t half haI or 0 The gold w was s received by registered Jold mall n. n Tho postage amounted tb bout about n that the tho It Is a matter of record 16 15 mater entire I product of the King Barnes and other entre F Ft us county mines has b been n sent to to the United Unie States 8 assay of of e b by r J mall mail and the first lo loss s of a single If dollar Is g mal yet yei et to be reported although h the dolar total tojal value of shipments a aggregate v vf nearly near ner ly lj toJo 2000 10 X f |