Weekly journal-miner., 1916-12-13
S200,OOOM|N|NG DEAL MADE FOR
 CASH GROUP
FAMOUS GOLD PROPER TY NEAR PRESCOTT GOES OVER TO EASTERN PEO- PILE; WORK TO START.
(From Wednesdays Daily.)

Private telegrams from New York City yesterday brought important in- formation of the closing of one of the biggest mining deals ever known for this section, in which gold holdings are affected, the Cash group, near Senator going to an Eastern syndi- cate, the consideration and operating fund subscribed reaching to S200,O00
 Advices also were contained in the telegram that the parties who buy will arrive in Prescott on December Is, to take charge, and with them is Colonel L. w. Getchell, who negotl- ated this deal in conjunction with his son, Senator-elect N. H. Getchell. This information but substantiates what was previously given out during early in November of the sale being assured, based on negotiations pro ceeding harmoniously and satisfac- torily in the above city.
 Favorable Reports.
 Incidental to the placing of this property, engineer reports made al different times during the past year, were favorable, and not in a single instance where gold mining experts had made investigations, was a rec ommendation made adverse to the proposition being attractively rated.
 Shaping Up Camp.
 On the receipt of the above news yesterday, x. H. Getchell stated he also had been advised that his ser vices as general manager of the re- organized Cash Mines CO. had been requested and he would accept. He also stated that under the new and favorable era facing this well known property he would begin at once a general re-moulding of camp condi- tions, start development and prepare to introduce a system of ore treat ment to work in conjunction with facilities on hand, by which he was sanguinc over success following.
 Deep Development.
 Mir Getchell also stated that during his ownership of the Cash factor in establishing a merited proposition was in extending the old drifts into new territory aggregating several hundred feet, sinking to greater depth than given, and in making scores of mill test runs from all of which l operations are warranted on the en. larged plan of operating now to be- gin, and with capital available there. for "I have been anxiously waiting for the turn of the tide for nearly two years on this proposition, confident of the outcome and now am content cd to await results, with feeling l based on sincere convictions of a l merited property being assured" he friends yesterday Mir. Getchell stated also that the future of the Cash from a develop ment standpoint will be vigorously centered toward driving to still great. CT depth the old main working shaft and in carrying out this line of oper- ating at other points on the Assure as we'll. It is probable that where the Cash vein penetrated, in drifting. the rich condition of the Snoozer, of the Commercial Co. which carries copper values mainly, that zone will receive early attention, in deep sinking. In- stead of being rated as a distinctive gold proposition as has prevailed for many years, the Cash under new ex- ploration carried out, will also have another desirable asset in which cop per will also figure prominently.
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