Show I MINE DI B G HART BART CLAIMS TAKEN AHEN T BY STRONG COMPAN GO Purchase Price Is About Abou With Heavy First Payments SLOAN STRIKE IMPROVE IMPROVES IMPROVES I S More Than Sacks of High Hig I. I S Grade Taken From Foot 45 45 Shaft t Hart Gal Cat April 12 Thc i. The first pa payment pay pay- ment mont on tho tim Oro Belle and Belle Fraction has been received b. b by Hart i and the property formally transferred transferred trans trans- erred to the Oro Belle Mines Mince company com corn compan pany pan a new corporation recently organized or or- 01 under the law of ot Arizona with a capitalization of ot shares of a par value of SI Sl each The new now company has been promoted byth by bythe th the the- Andrews Marsh I who to together together to- to together gether with Thomas A A. Merritt a prominent Duluth Minn capitalist Bert Beit lIItt and James Hart are the heaviest stockholders Besides th the above gentlemen several other Duluth people are o interested in iu the company compan The purchase price is said to be in inthe inthe the tho neighborhood of with a substantial first payment A A portion of the thc ground Is now under un der ler lease to the tho following leasers Phelps Eagan Elliott Durgan Robinson Kennedy and associates and an and associates A force o olive oC ot five live men was put to work by the compan company com coin pany pan on the day da ot of sale which makes a n total of or eighteen men now employed on the two claims The company's work for for the th present will wm consist principally of ot trenching for a suitable site for tor the sinking of a deep shaft which will probably be located locatell on block 2 of the Oro Belle Fraction The Tho real development work worl will commence commence com corn mence within 30 days ays S. S The property of tho the Oro Belle Mines Unes I company is Js in the heart of the mineral mineralS S of or the district east cast zone lying lying- directly of the orl original strike made b by Hart Hilt Hitt and adjoining the Oro Belle BelIe BelleNo No 1 1 I. Strike is Great Croat The strike on the tho Sloan le lease leaie c is proving to be bt one of or the tile biggest ever eyel made in the Hart district While bunches of ot high grade rock roch were encountered en en- countered previously the ore oro shoot i wa was vas fully rully penetrated until Saturday Satur Satur- 4 day i ii-ai ii arid arid up up UD to u a t. t ll 10 tr dk U ta on o tt th m additional i IU n with high grade everything 1 coming from itom the tho shaft abaft is a a. gool good grade graile e oC ot milling ore According to the tho fin fines will average 30 50 am and better beller Mr 11 Sloan In placing the values at the above figure is more than con conservative for tor many man who have sampled the tho ore already y sacked are of ot the opinion that It wilt will average considerably more than SO iiO a aton ton various estimates running as high higl as as Considerable specimen roc rock has ha been heen taken out showing large streaks of of free gold many of which are c eagerly eager eager- 1 ly 13 gra grabbed by tho the Inevitable hunter of oi high grade rade picture rock Tho Tue shaft has reached a n depth of or 4 45 t feet cot and the ore oro body Is from five fie tc to six feet in width From a depth th oi ol olit it feet the ore still continues in the shaft W which will be dropped roppe to th the foot lOO-foot level lc before cro crosscutting commences com corn |