Mohave County miner., 1912-01-20
Big Company Win
 Push Operations.

King Solomon Tunnel and Develop ment Company. At it's large property at Frisco it has carried on development work on its vein No. II in an extensive manner, having now four levels run in the ore on the first shoot discovered in this vein, which is 80 feet long. This ore is high-grade lead, some of it running to 80 per cent, carries from a half ounce to two ounces in gold, from 10 to 20 ounces in silver, and in some cases sufficient percentage of copper to be paid for at the smelter.
 The policy of the company for the present will be to push development work on this ore shoot towards the surface some 2,OO0 feet, running levels each 100 feet as they go. It is expect ed that the next few months will put sufficient ore in sight at the mine to insure steady production at good profit
 Ia addition to this development work the company has driven it's big cross cut tunnel to a point where it is one mile into Royal mountain. Eleven leads have been cut and before the bore is completed to the company's furtherest end line it is expected that some of the strongest known on the property will be opened.
 The management has not been con tent with operating along the property at Frisco, and about the middle of August formed subsidiary company to handle leases. This company was incorporated as The King Solomon Leasing and Exploration Company, with F. c. Dinsmore president, and w. Theobald secretary-tretsure with a capital stock of l,5OO,OOO shares. two. fifths of which was retained by the original company. The first offering of this stock of 25O, 900 shares was over- subscribed by the stockholders of the King Solomon Tunnel and Develop ment Company inside of three weeks. and the stock has been eagerly subscrib ed at advancing prices until at the present time it is selling for 20 cents share and will be advanced ts p cents on the 25th day of January.
 This company is operating three leases at Alice, Colorado: The Eva D.. the Larkspur and Lalla. It is 5000 feet on the Lalla vein with three dif, ferent drifts in ore. Between 40,000S and 50,000S worth of ore is blocked out in this property ready to put through the mill. This ore averages 30S per ton. The Hendrie and Bolthoff Com pany of Denver is now erecting mod ern lO-stanp mill on the property and expects to have the mill in operation inside of 60 days. The values occur entirely in gold in this property and leasers without capital took from it, previous to its being secured by the King Solomon Leasing and Explora- tion Company, sufficient gold to do sev- eral hundred feet of development work and support their families, separating the gold in small crude mill on the premises.
 In addition to the above named op- erations the King Solomon Tunnel and Development Company has within the iast two months secured control, thru bond and lease and other means, of the Wilson mine at Kokomo, which is located on the extension of the old Robinson ore shoot, which is credited in government reports with having produced in the neighborhood of 6,000 000$ or more. This is one of the most famous mines in that portion of the state where located and the ore occurs entirely in the Leadville formation, which extends into this region, the ore occurring in a replacement of lime. The company has put large force of men on and has the mine and mill in frst-class condition, with several months supply of ore blocked out and ready to run through the mill. The mill is modern in every respect and capable of handling over 100 tons per day. Fifty tons day are now being handled, and both first-class lead and zinc product being made, in addition to an iron product which goes to the pyritic shelter at a profit. This ore also carries considerable silver and some gold.