The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-02-03
GROOM MINES
GO FOR S25O,OOO
Famous Lead Properties in
Southern ''evada Pass Into
Powerful Hands.
RAILROAD TO PROPERTY
STARTS BALL ROLLING FOR
MANY CAMPS.
RAILROAD TO PROPERTY

The famous Groom lead mines. in the
Groom district. Lincoln county. Nevada,
have been sold to a Goldfield and eastern
syndicate. OF which Charles b. Higginson.
n wealthy operator OF Godfield. is the
moving spirit The consideration is $3.50. -
coo. ten per cent of which has been paid
down, with the remainder to be paid in
six and twelve months The deal was
closed in Phoebe two or three days ago
and y. j. Osborne. one of the chief own
crs of the famous old property. verified
the report OF the sale upon his arrival
from camp yesterday. Mr.. Osborne to-
gether with William Wheatley OF Phoebe
and Patrick Sheehan. manager Of the Lost
Packer cOmpany's properties. were the
chief owners of the ground and Mr. Os-
borne states that the deal was closed only
after searching examination OF the
property by the engineers of the purchas-
ing crowd. Their reports were so fa-
vorablo that it required less than two
hours TO arrange details and close the
bargain when the principals got together
Location of Mines.
The Groom mines are located about 100
miles southwest Of Phoebe and ten miles
from the Nye county line, about midway
between the Phoebe and Bullfrog coun-
tries. The ores are rated as the best
Icad-iron ores in the entire region and the
product is one that commands a high pre-
MUM at the smelters. In the early DAYS
II was possible TO haul this ore 60 Phoebe
and even TO Milford and market il at a
good profit. Notwithstanding the low
price OF lead. Now a ffty-milc haul will
land IL at Indian Springs or Ash Mead
Ows on the Clark road. between Vegas
and BullfrOg. and this is the way il will
he taken out hereafter.
Plans of Purchasers.
MIR. Osborne states that it is the pur-
chasers intention To organize a 5000 O0G
company Tor the purpose OF operating the
mines and building branch railroad line
from the most convenient point on the
vegas BullfrOg route. and that the mat
Ter VIII be taken up right away. When
THIS is done, Mr.. Osborne believes the
road VIII be extended to other camps i'm
th2t region and that many OF the old
mines i'm the Tempahute Freibcrg and
other regions will he brought rapidly to
the front.
Entire Region to Boom.
Mr.. Osborne has lived a great many
years IN PlOchc. where he has praCtiCed
ms profession as lawyer. and where he
mas been for years connected with the
old Phoebe Consolidated companies now
owned by the Nevada-Urtah For twelve
years he published the Phoebe Record and
All the time has been more or less in
terested in the mines OF the southern
country The Groom deal is one OF the
biggest he has pulled off on his Individual
account ana he promises that he viii ouif
Inc practice OF law and hereafter give his
entire attention 10 mining He declares
tnat Pioche is again on the map and he
promises that IL will occupy a more prom
lnent position than IL ever has done i'm
me past. and he declares. also. that the
region surrounding il for 100 miles will
make noise that will be heard across
the continent