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Show nOCHE CON'S. LASTBREATH With the final payment being made this werk of the original purchase price of $I7).I'M th Plocho Consolidated Consoli-dated Mining & Reduction company winds up lis business and passes Into In-to history, and In Its place looms up llg and promising the Consolidated Ploche Mines company, taking in not only the old Ploche Consolidated, but much of the Ohlo-Kentucky and tho Nevada Utah's most productive territory. The Ploche Consolidated was organized or-ganized nearly thirty years ago. and wa the first great merger proposition proposi-tion in tho famous old camp. It took In such properties as the Day mine. Raymond-Ely. Meadow Valley, Washington, Wash-ington, Creole, Half Moon and oilier well known properties located over in the Day district and In the town proper. It enbraci-d sonio fifty claims, covering the richest territory In the district, and was capitalized for tho enormous sum of $20,fNiOiin. Things went on swlnimlnglv with the old Ploche Consolidated' while silver was at its zenith, above thn $1 mark, but when It dropped to St cents or less the company becan to lose ground Finally It resulted in thi Incorporation of the Neva la-Utah, which took an option on the property In I Jul? ihe new company secured deed lor the sum of eon tho hist payment of which President Thomas J. Oshorno of the Consolidated Is now making to the original stockholders. stockhold-ers. As Mr Osborne puts It: "This winds up the old Ploche Consolidated, Con-solidated, and In Its shoes now stands the rejuvenated Nevada-Utah and the Consolidated Ploche Mines company." com-pany." Mr. Woolley. the new president of the Nevada Utah, was astonlsh-d at the amount of milling and high-class ore he found In sight on his recent lsit to the properties, and after his hurried Inspection and when about to start east declared that he would sturt an active development campaign cam-paign at once on the property. The principal workings Is a three-compartment three-compartment shaft down to the Doit level, and from there to the 1,180 level It Is two-compartment. It Is understood that bv sinking this shaft another luu feet they will reach the old lower level of the caed-ln Raymond Ray-mond -Ely shaft, which has proven the ores down to Ihe 1,700 level. Then a iiiiO foot drift will carry the workings work-ings Into the famous black ore body, where $125 to J13o ore was tak?n oi't In the old days. This work of sinking sink-ing the shaft and drifting to the oro hodv should be accomplished In from itO to 120 days. An ore bodv 1.7uu feet deep and 1,500 feet long has been proven. The property Is well equipped for an active campaign. It has Us own railroad from the town to the mine, a narrow gauge, ;,nd necessary machinery ma-chinery for deep work. Undoubtedly, oiip of the first things the new company com-pany will do will be to put In a concentrating con-centrating plant to handle its immense im-mense tonnage of low-grade ores. Thi various dump and old lalllngs are said to contain fortunes which will now be extracted At present three shifts are at work in the main portion of tho mine, and drifts in ore are going out to the west, northwest and east. The properly prop-erly generally Is reported to he In hrst class condition for t i elopmentd on a big Ncule. |