OCR Text |
Show I MINING NEWS 1 MINES OF EUREKA Eureka. April 19 After a shutdown shut-down of a few Jays the Yankee Consolidated Con-solidated resumed operations tho early part of last week In the new workings. Sine this work was taken np the drift to the south on the 300 level has broken Into a cave about forty feet In length and half that distance dis-tance In width. The ground around the cave Is very loose and Indicates that a body of ore Is liable to be broken brok-en Into any time. Today the shareholders of the Mc-Klnley Mc-Klnley Alining company held their annual meeting, at which the proposition propo-sition of Incrcarlng tho capitalization of. the company to 1.000.000 shares was voted upon. The Increase will be placed In the treasury and later sold to carry on development work. At the meeting new officers were elect-ed. elect-ed. Superintendent William Owens states that work of sinking a winze from the 1,000 level In the Eagle and Blue Bell has commenced and that it will be but a short time until work Is taken up at this mine on a more extenslvo scale. For several months past the Eaglo and Blue Bell has lain idle as far as company work has been concerned. Cortaln parts of the mine, have been worked by leasers, who have done well from their blocks of ground, and considerable ore has been thlppeJ each month. Two shifts are at work driving a. drift over Into ground belonging to the King William company, from the B00 level In tho Sagle, and will also begin work shortly in the drift which runs from the 1.000 level In the Eagle Into the ground. |