| Show i SEVEN TROUGHS HAS BIG CONSOLIDATION TION Kindergarten Probably Probably Probably ably Seven Troughs Mining Mining Min Min- ing Included STRONG INTERESTS IN IT Seven Troughs Coalition Al Already Already Already Al- Al ready Holds Large Control of Two Companies rho The Seven Troughs Coalition Mining Sc cn for or 1 Co company compan fly en capitalized p i Ia I shares of oC the tho par value of 1 a n share Incorporated under tho the lows laws has becu hiS two and possibly possibly possibly pos pos- of Nevada a to take tako over 1 0 I sibly three of ot tho the lending leading Properties Tim Tho Troughs Trough district of ot the Seven new company compan already holds options outstandIng outstanding majority of ot the a n largo large upon Kindergarten Kin Kin- ing tug stock of or the tho Seven Scroll Troughs and the tho company compau Mining Seven Soven Troughs Mines company company com com- pany and it Jt is understood that in It its treasury Is a reserve of at Its Is capital stock sufficient to tako over the Seven Troughs roughs Mining company upon a basis which virtually the same as RS that upon the tho other companies saro enter the consol consol- consoli consoli- daton dation lation Tho TIm Coalition was formed formel as a holding Coalton company compan with wih I shares of or Its HH stock treasury stock tobe to tobo tobo bo be used in acquiring the tho other com coni- L. L A. A Friedman n tho largest s individual hol holder or of or nit all al 01 UL we Li purchased subsidiary companies is to tobe tobe tobe be president of ot tho the ne new v corporation Cn and F. F I. I Gunnel Gunnel banker of ot Lovelock will be secretary an and treasurer Theother Tho The other othel 1 permanent officials an and ors org have hn e not yet et been heen named but it Is known cnown that new strong Interests In the Seven So el Troughs Mining company are heavily concerned The head office of or orthe the he new company will wi bo be 10 with the tile Securities company of or I es Strong SU Combination I. I The consolidation is recognized t a aone as asono ono one of or the most important of ot recent events for tor the Seven Troughs Trough district Ever Every ono one of ot the three companies expected ex to enter tho the deal leal is strong with within wih- wih in Itself Iset while tho the combination will willbe wi I be one that will wi instantly attract atI attention attention at at- tenton on account of or its Is pre presenting I something BO so entirely out of tho the ordinary or or- 01 Unary linary in tho tIm way of ot known resources and future earnings Leaving tho the mc Seven Troughs Mining company out of ot consideration for Cor tho time being being being-be- bt be because cause its Is participating In tho the coalition coalton Is not absolutely assured the assured the the Kindergarten Kindergarten Kinder Kinder- garten and are without any Rny question queston two of or the best mines In tho the Seven Troughs district and their consolidation on a basis for tor both presents a most attractive attractive tive the proposition In the case of ot these two companies s consolidation has for tor some time been beon the tho natural thing to bo be done dono cono Their estates adjoin the they are most admirably ly h situated to be he worked through ono one I shaft shat the Kindergarten arten has a mill mi In successful operation and the owns the the sator supply of at Seven Troughs canyon which tho the mill ml must la have The Tho Kindergarten territory con- con elsts of ot five claims and two to fractions about ninety acres In all al and anc tho the owns about seventy acres In Indications In- In are that the ground Is a center for the converging or vein systems systems systems of the Kindergarten and Mazuma Hills properties Kindergartens Kindergarten's Rich lich Shoot Tho rho workings of tho the Kindergarten n mine have a vertical depth o of feet teet and an Incline d depth of ot about feet teet The Incline workings are arc practically wholly on the tho ledge which average four feet reet In width Tho The Kindergarten arten shoot which has been beon proven to bo ho hoone ono one of or the tile largest In tho state has a length on tho surface of ot thirty-six thirty foot while on the foot toot level lo el where It Il has been extensively opened up H it J measures fc feet t in length On account account ac tic- count of or water the tho shoot has not thus far Car been much explored at depth Assays sas sa's taken talen across Its width of ot four feet and Its Is entire length lengh as S exposed on the toot foot level le gIve ivl average returns of or a ton In gold and anc silver sl A now new double compartment vertical shaft Is now being sunk which is calculated to catch the shoot on th the tho dip between and feet teet It I isnow isnow is isnow now down about feet A twenty- twenty five horsepower ga gasoline olna hoist was re recently rc- rc centy installed at Rt this shaft shaf The Is the banner leasing prop property of ot tho the district district Within Its Is lines five strong leasing com companies panics aro are areat at at work at least two of ot which havo have met with wih sensational results The Tho Gold Gol Mines Ines company Is operating a a block of ground by 50 feet immediately adjoining tho the Kindergarten mine workings This company alread already has nn an extensive mill mIli ml run to UK Its Is credit and within tho the last two weeks Its 18 slope from Crom the foot root level evel has opened a bod body of ot high grade gaco oro ore that promises to mako this lease leo a a rival of ot tho the most famous producers of or In the body are two to feet of or ore that runs rum run high In picture values with wih several feet more of at excellent milling grade grado The company com corn lan pany lany has his ordered hea heavy equipment equipment Merger er c in Shipping nock flock The Tho lease of ot the tho Seven Troughs Mor- Mor ger Mining company compan occupies a block o of ground OO feet teet squares square formed by the right angle mado made b by tho the KIndergarten Kindergarten Kinder KInder- garten and Mazuma Hills properties cornering toS together This com company pan has mado made a 0 series of or brilliant discoveries until on the foot 75 lev level hovel 1 it Jt Is Js said to have havo ha A a body of or oro ore four foul feet teet wide that a averages 92 a ton clear This company compan Is also getting ready for tor heavy production Other companies working In ground are aro tho the Mazuma azuma Mining De De- company compan the tho Nevada Nevada- Illinois Mining Leasing company and Ind the Lookout Mining company compan All 1 are arc said Bait to have havo excellent excel excel- lent prospects prospect ct With Hb such auch an nn ann of ot array oro ore B showings show show- ings with wih every advantage for tor workInG work work- ing tho the properties Jointly with wih greatest economy with the mine well inc Including a n mill mi t the tho e capacity wel equipped of whIch which will nih be bo doubled d wi as soon as the details of ot tho consolidation are out of or the tho wa way the he Seven Troughs Trough Coalition th Mm- Mm In Ing compan assuredly ha a bright |
