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Show rago by a group of Salt Lake men, as- T soclated with Mr. Chafey. to finance the property for systematic development develop-ment arid for providing a modem mill or larger capacity. Whlto reports upon tho mine were favorable, the time appeared to be unpropitlous for the undertaking, for no material pro-gross pro-gross was made. The mine was op-perated op-perated upon the "hand to -mouth' system, and. with the working out of one shoot it Is likely that not enough funds had been conserved to develop another. Conservative mining men are confident confi-dent that In the Black Hole groi:nd ; la the making of a big gold mine -a handsome milling proposition and it is altogether probab.e that some sort , of arrangement for resuming opera- : ; tlons will bo made. J CLOSING DOWN THE Bucy OLE PIE Salt Lake, Jan. 1C. The famous Black Hole mine of the Chafey Mines company has been closed down with the miners threatening to attach at-tach the company's property for back pay, according to a correspondent of the Nevada Silver State Inge holders hold-ers of the company in Salt Iake had not beeu advised yesterday of the shutdown. E. S Chafey, the company's com-pany's manager, is in San Francisco, it la understood, and It Is not un-llkelv un-llkelv that his mission there is to negotiate new financing arrangements. arrange-ments. ' The Black Hole mine came Into ' prominence as one of Nevada's bonanzas bo-nanzas nearly three years ago, when Chafev discorered In the ground a surface deposit of rich gold ore, from which he made something like .$2nn,-Ofi" .$2nn,-Ofi" production within a few months. The camp has a shortlived boom upon the strength of tht record. After the big hunch of high-grade ore had been worked out the ore In place became of relatively low grade, and milling facilities bad to be provided. Mr. Chafey remodeled an old mill In the camp and the mine has since hern making a fairly good production, but it is likely I hot tbe saving has been low and the expense of operating operat-ing high. Attempt was made about a year |