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Splendid Deal For Crescent Co.

Splendid Deal For Crescent Co. image
Parent Issue
Day
17
Month
July
Year
1903
Copyright
Public Domain
OCR Text

SPLENDID DEAL FOR CRESCENT CO.

A SPLENDID DEAL FOR THE CRESCENT GOLD MINING CO.

The management of the Crescent Gold Mining Co. have just completed arrangements with western people, who own some very valuable mineral lands adjoining the Crescent properties, to drive the work on the big cross cut tunnel to a finish, which is a distance of fifteen hundred feet. The contracting parties already commenced operations and are to finish the work in the shortest possible time. A full set of miners will be placed as soon as they can be secured. Big air compressors and power drills will be installed immediately and the work will be pushed to the limit. The cost of driving the tunnel and the machinery necessary to do so will be in the neighborhood of twenty thousand dollars. The contracting parties after carefully going over the details have arranged with the Crescent management to take their pay for driving the tunnel out of the ore along the line of the same. The ore must pay the entire expense. Not one dollar of Crescent money is going into this work. This ought to encourage the holders of Crescent stock when contracting parties will undertake to spend twenty thousand dollars and take their pay for the same out of the ore that the tunnel comes in contact with, it would seem they must have plenty of confidence.

CRESCENT GOLD MINING CO.