The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-05-30
BIG OPERATORS
IN At IENABO
Local Talent Purchase Mines
and Leases in Bullion Dist
riot, Nevada.
COMPANY Is ORGANIZED
COPPER AND GOLD ORES READY
FOR MINING.
COMPANY is ORGANIZED

A powerful and absolutely responsible
combination of Salt Lake operators has
decided to do some real, genuine mining
at the new camp of Tenabo, in the Bull
lion district, Lander county, Nevada,
where the Gold Quartz and other produc-
ing properties have been making history
during the past year or two. The syn
dictate became fully organized for business
yesterday. when the articles of incorpora-
ton of the Grand Victor of Nevada Min
ing company were filed.
The new company is capitalized at ST.
100000 in 81 shares and 100000 shares of
the capital stock is set aside as a
treasury asset. John T. Hodson is pres
ident; James A. Cunningham is vice-pres-
ident; W. Scott Crismon is secretary, and
H P. Clark, cashier of the Commercial
National bank, is treasurer. OF these all
but Mr.. Clark are directors in the COM
pany. the remaining members of the
board being Scion SpirO, w. j. Craig, W.
H. Dickson and 7. r. Jones.
A short time ago q number of members
of the syndicate composing the new com
pany, had their attention called to a
property in the district which was repre-
scented to them as the making of a big
thing. A trip was made to camp and the
property was examined by competent
men. 1t looked right and they took hold
of it. At the same time splendid leas-
the Gold Quartz company was also put
up to them and they took hold of that,
also. That was about two weeks ago.
Since then a number OF men have been
employed at the group of three claims
since purchased and a crew has also been
at work on the Standard lease. In the
group of three claims purchased five or
six splendid lodges cut through the
ground and on two of them development
is now under way. in the shaft of one,
where work was started just before the
ground was bought, the entire bottom is
now In ore that samples ~ ounces gold
per ton. On the leased Standard ground
a copper ledge is being developed that
sampled per cent copper, 10 ounces sill
yer, with to IA ounces gold per ton.
The companys own ground adjoins the
Gold Quartz property and is located about
ducing properties are located all around
the companys ground and the opinion Is
expressed by the cOmpany's experts that
a big mine is going TO result from de-
velopment. The district has been a little
slow in attracting attention, but the fact
remains that a town of several hundred
people and dozen mines have been made
since the Reliance and Gold Quartz COM
panies began operations less than two
years ago.
Alex Goliath has been selected as
manager of the company's properties and
G. :. Varian, Jr.. has been named as mine
superintendent. Mining supplies. materials
and equipment are now being assembled
and Mr.. Varian viii leave for camp with
in day or two to inaugurate the cam
paign of development and mining that has
been decided upon. It is believed that the
proposition will become self-sustaining
from the moment il is possible to make
room for miners, as the ore is going to
prove a rich shipping product from the
grass roots.