The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-09-12
DEAL WAS
CLOSED !
The Tin boy Mining Company
Has Closed 4 Deal for the
Whiteh0r0 Property.

supL III. II. Fulton, who was called
East some weeks ago 10 attend a
meeting OF the stockholders OF the
Tin boy Mining company returned
last week. Al the regular annual
meeting OF the company IL was voted
TO make farther investments In Lem
hi mines, and as result, the White
Horse property owned by James
Sims was purchased for $1,000. The
transfer for the property was made
the next day after Mr. Fulton re-.
turned. The Sims property is con
sidered one OF The best properties in
the Main range,
In conversation with Mr.. Fulton
he conveyed the idea that the sal.
mon River country has been especial.
iy favored this year IN the way OF
ranch prouucts lie states that he
travelled over a portinn OF ohio,
Penn, and W. Va, but saw more
fruit on his way In on the stage than
he saw In all OF those states. The
only corn he saw of any consequence
was while travelling through Iowa on
bis return trip. In much Of the
country he Travelled over they have
had such a wet and hackwarf season
that crops are largely n failure.
One object OF Mr. Fulton being
called East was to make report on
the SLAMS property Ills report and
the report OF Di. states, Mr.. Gaskiil
and Mr.. Dorsey, who were here dur
Ing the summer, was SO nattefine
that there was no hesitaney on The
part OF the stockholders In taking
over the property, The capitaiixa
tinn was not raised 80 We are In
formed, but each new purchaser %
stock was taken In on the same basii
as the original investors OF the Til
boy company.
The new property, Just taken owe
by this company, is one OF the old
est quartz properties in the district
and has had large amount of devel
opment work done on the property
There are nine claims in what 4
known as the White Horse property
These claims include the waite
rights. II Is said there has been no
far from u thousand feet Of develop
nent work done. There Is hy'
stamp mill on the property and otbe
buildings. For the last two year
the property has been laying idle 70
the reason that the owner WAS no
10 a financial position 10 make noces
sary Improvements TO work the min
To the best advantage.
IL is conseryatiycly estimated tha
there is over 81. coo worth OF goo'
ore ou the dump to he mIllcd AM
many thousand dollars worth blockel
out In the workings ready Tor stope
ing. The ore is free milling, mueI
Of IL OF a high grade. and even th
lowest grades can he worked at
handsome profit In addition 70 th
ore on the various dumps supt. Ful
ton has put men at work cleanin
out the old workings and getting ou
ore against the time when the neces
sary improvements can TIE made {
work 10 the test advantage.
As soon rs Surveyor Merritt RI
turns from Boise he will make SUI
yey OF the mine aud surrounding
II Is the purpose of the management
10 put In l6oo foot gravity tran
from the higher workings OF ia
mine 70 the mill. Then Trey will
ia a position TO handle the ore oirec
frou. the tunnels With The least pos
slble expense Until such titnea u
the tram Is built IL will be uecessaF
to pack the ore to the mill. Lut eve
this can he done at a large profit q
the ore nov on the dumps show sue
enormous values.
Supt. Fulton took the old T'iD DO
property. when II was nothing MOI
than a prospect, built rUads 10 N
mine. erected MIL aud did a lars
. amount OF development work 10 sue
7, short period, II Is TO b. eapccte
that be viii make an equally 900
: showing 10 pushing the White Hors'
= lie fully realizes that this proper,
cannot De be worte ed TO The best al
vantage until the gravity sram
placed in working order, and bis e
forts will he directed 10 that wof
speedily. II Is anticipated thst u
= capacity OF the mill ~ill be increase
and a large iuree oi men ln sctnI
mining work employed as soon !
The present difficulties Siih which !
a. 1,..,s s.<.,.sn.s can - e.wayesstfe