OCR Text |
Show The Lucky Star. On Tuesday night a deal was made by the directors or the Lucky Star Mining Co. and tho Colorado Iron and Fuel Co. of Colorado, In which that mining property was bonded on the samo terms and conditions as the Mineral Min-eral Point mine with one exception Tho time Is nine months with a bond of $100,000 and work must bo done In that timo amounting to $10,000, Tho ore extracted from the Lucky Star mine, is to be sold and the proceeds deposited In the bank, which will be applied on tho purchase If the property If taken. Local men havo been withdrawn from both tho workings. A force of men under tho direction of tho Colorado Colo-rado Iron Company are now at work on Mineral Point. Next spring the company expects to havo COO men at work on this claim and will push It to tho full limit. Tho company expects ex-pects to send men to the Lucky Star property at an early date. Tho predictions pre-dictions mado by Tiik Kih'Uiilkjan somo months ago aro coming to pass. This northern country Is on the verge of a big mining boom, and when ono property Is devoloped enough to show that It Is a paying Jproposltlon, other developments aro suro to follow. |