Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-02-08
Salt Lakers Acquire Copper King
And Copper Deposit Groups
OF Claims.
GROUND FAvoRABLY SITUATED
Lies Between Mason valley aud Blue
stone NIines---Anothet Big Enter
prlse--Who Are in IT,

strong syndicate Of local mining
mon q was learned today has been
formed to take up another big ferlng-
ton copper enterprise and plans are al
ready well maturod for The formation
of % company to develop a splendidiy
minerblized territory consisting OF "p-
proximately go acres.
The ground involved is what has been
known heretofore as the Yerins'oh
Copper King and Copper Deposifs
groups and which covers all the avail
able territory between the Mason val
ley and Bluestone mines. which are now
recognized as being mines OF great
value and destined TO become very
large producers OF copper ia the iutute'
Taking into consideration that the
ground ACQUIRED by the syndicate Is
located along the mineral zone
which has responded TO deVel-
opmcut so generously IN the last
named mines II is only reasonable TO
suppose that the results VIII be Just as
favorable.
The Salt Lakers figuring IN the deal
are Frank j. HageubaTth Walter q.
Orein j. ID. Wood, John DerD and
Windsor V. Rice; who. with the snare
holders of the 'Yerington Copper King
company, Will own the stock of the new
CORPORATION. 1t is understood thar
steps viii be taken at once to peslh
an extensive campaign of development.
Ard although the matter has not beeh
definitely settled II rs probable that
tho ney company VIII be known ms the
Ye-tngton Consolidated The deal mas
been pending for some time and the
last details In connection with ~ were
arranged TO day, SO that there ~ noun
Ing to prevent the carrying out OF lne
plans outlined by those Interested IN
to execution.
The consolidated properties cover the
main monzonite lime contact on the
west for a distance of 200O feet, OF
more with ore making to the surface
ut frequent intervals. On the south,
the Mason Valley properties endllhe
with then. and II has been demon
stiatcd beyond any doubt that the Ma
SON Valley orcbodies enter the terlt-
tory; thus assuring beyond any ques-
ton thai the syndicate has come into
uossession of very valuable estate
This conviction Is only made more
evident when II is realized that on the
north end OF the territory the hugs
deposits of low grade copper ore OF
witch the Bluestonc mine is character
istic. pass into II.
ono of the interested parties declared
today that he did not have the slight
est doubt but tIlat the Yerington Cont
solidated would develop mine as large
as any in the Yerington district, with
all due respect TO the Nevada Douglas,
which, so far Is looked upon as being
tho premier of the western Nevada
copper region
'rhe property which has formed the
basis FOR the new organization recent
" underwent examination by Captain
Il. +. Tibbey. who closed his report by
saying chat he had no reason to doubt
the ultimate result OF the development
Of the ground and that this result
would be of most favorable charac-
Ter. He says there are at least four big
mines already at Yeriugton now, ana
that tho ground examined by him
would make another. captain tn
hey has made several trips to the Yer,
ingion cor.try and he 10 convinced
thot II Is Going to become one OF the
worlds greatest copper producing re-
glons