Los Angeles herald., 1906-07-27
SELLS BIC MINE
To ANGELENOS
MANHATTAN SCENE or BIG
ORE OPERATIONS
Millionaire Peters Of Tonopah Dis
poses Of Interest In Indian Camp
Extension Property--HeeIn
Development Work

Clay Peters, the millionaire mine
owner Of Tonopah, arrived from the
Manhattan mining camp yesterday af-
ternoon and is a guest at the Lanker-
shin hotel
He came here for the express pur-
pose of interesting capitalists in the
Indian Camp Extension mine, which
he regards as one of the most promis-
ing properties in the state of Nevada.
He succeeded in his mission before he
had been in the city three hours
A company Of local capitalists head
ed by the Pacific Coast Mines bureau
purchased from Mr.. Peters one-half in
terest in the Indian Camp Extension
mine, the purchase price being $4,000.
One of the buyers was B. M. Blythe of
Monrovia, who Is already heavily in
terested in Manhattan properties.
Mr.. Peters also transferred to the
buyers the right to develop the mine,
and as soon as that understanding was
reached a telegram was sent to Man
haitian directing Capt. Henry Harrison,
the Manhattan representative of Mr..
Blythe and his associates, to take the
property In hand at once and begin de-
velopment work.
Realizes $4,000
In describing the property on which
he has just realized S50,000, Mr.. Peters
said:
1.-THE property of the Indian Camp
Extension Mining company, which was
formerly the Manhattan Auction Min
ing company, consists of two claims,
the Auction and the Boston. These
claims are situated in the heart of the
Manhattan district and within few
hundred feet of the greatest mines in
the Manhattan section.
"The claims we're located by w. J.
Clarke, pioneer in the Manhattan dis
trict, who sold the control to the In
dian Camp Extension Mining company,
but retaining an interest. The claims
are located on the western slope and
the lower portion of the famous Gold
Fill, upon which is located the Union
No. 8, the Jumping Jack, Stray Dog,
Crescent and Indian Camp claims.
On Gold Hill
1.-THE Indian Camp lodges have
strike in the direction of the claims
owned by the Indian Camp Extension
Mining company.
1.-THE merits of the various properties
enumerated has been fully demonstrat-
ed and is too well known to necessitate
a detailed statement. Very recently
in other properties adjacent, one of
these being the "Wo1f Tone" in which
ore of high value has recently been
discovered.
ION the Boston claim there is a well
defined ledge, about two feet in width,
which can be traced for several hum
| dred feet This ledge has been cut
| by the surface cross cuts and ore as
saying from SO to Sc has been developed.
On the Auction claim shaft has been
sunk and assays as high as $12 have
been secured.
Give Fine Paintings
"Small stringers on this claim have
given fine paintings and the indica-
tions are extremely favorable for the
development of high grade ore bodies
with little work.
"But little has. been done on the
claims up to the present time except
location work and surface prospecting.
The property, as ] said before, has an
extremely favorable location and it is
confidently believed that with energetic
development good results can be Sc
cured. Owing to the formation being
the same as other properties in the i'm
mediate locality, which have shown
good results, 1 have no hesitancy in
recommending the stock of Indian
Camp Extension Mining company.
"The affairs of the company are in
the hands Of men who believe in the
merit of the property and who propose
to make mine out of 1t If possible"