Bisbee daily review., 1904-02-11
Perfecting Plans
 FOR MILL
 For lucky Tiger
FOR LUCKY TIGER GOLD AND sIL-
 YER MINING COMPANY.
President Graham Was in Bisoee yes. terday, and Said That the Plant Would Be Running In About Four Months-Another Rich strike Was Made on This Property DnIy a Few Days Ago.

ham. of the Lucky Tiger Gold and
 Silver Mining company. whose rich
 property is located in Sonora, Mexico,
 some sixty miles due south of Douglas,
 Arizona, a well equipped reduction
 plant of 100 tons capacity per twenty
 four hours will soon be in course of fconsruction near the mines. and if no
 unusual difficulties and misfortunes are met with, will be ready for opera l tion within about four months. EN- cavations for the buildings have al ready been started. Plans fer the plant are now about complete. and in few days a contract for the erection of the buildings and machinery will be | let.
 In the neal time. says MT. Graham. large force of men will be kept busy opening up additional ground and blocking out the extensive bodies of ore contained on the property. AL ready enough ground has been blocked and ore in sight to keep the plant in constant operation fer at least one and one-half years, and the ore that . will be treated will easily average $40 per ton in gold and silver. The richer ore discovered in considerable quan- titles on the property is being sent to Fl Paso for treatment All of it aver ages between $50 and s200 per ton Speaking about the work done at the Lucky Tigers property and the bright outlook for the company, Mir. Graham said to The Review yester- day. before leaving for Douglas: We have dcne enough development work to warrant the erection and placing in operation at the earliest possible op- portunity of a 200-ton capacity reduc- tion plant, but We intend to carry along our operations in a moderate way, and will probably net increase the size Of the plant until after the first year Inside of three or four years. however, We will be in a posi- 1 tion to operate 400 or 500-ton plant
 The plant We are going to equip shortly will turn out enough ere to enable us to pay in dividends during the first year an amount that will GOV CT the amount paid in by the share holders. What We shall do in the years to come remains to be seen, but can say without exageration that l large profits are absolutely assured. We have ever two and one-quarter miles of ground developed, and the richness of Q great deal of the ore is lastonishing, and besides. we are on
 Assure vein, which is always consid- cred the most permanent.
 Before leaving ine property a few days ago. the men working in a cross cut in the canyon. which is being run for the purpose of gaining greater depth cn the main vein. encountered cross vein four feet in width. The
 mineral that was taken out averaged nearly s200 per ton. The extent of this vein was not yet determined up
 10 the time I left the property, but
 but enough Of it was uncovered to
 show that this new find will bring us
 good money"
 The Lucky Tiger company was or ganized in March of last year. with a capitalization of s650.000, divided into
 65.00O shares; 55.000 shares have
 sold, and the remaining 10000 are held
 in the treasury. It's low capitalization
 makes the proposition very excellent
 one, and the parties who are fortunate
 enough to hold this stock are assured
 of substantial returns, as the state
 ments made concerning this property
 are absolutely reliable.