The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1870-06-20
ORR MINING REVIEW
For the Week ending June 90

be quite a tendency among men seeking
inyestment-or, rather, among parties
irving to get promising mines for little
or nothing-to negotiate in the Pinto
and the Eureka Districts. The splendid
success attending a few mining opera
tiops in Pinto, has brought the entire
Diamond range into favor, and new dis
coveries are reported almost daily. We
hear of ~fne-looking prospects having
been found on the highest peak OF the
range. and of one particular instance, in
which a single shot laid open a fine look
ing deposit of chloride ores. Eureka
neonle are satisfied with their prospects.
Bullion is coming out in large quantities,
and the mines continue to develop favor
ably. Yet the universal demand for
money is as loud there as elsewhere.
The Buel men complain as much as the
rest, and this goes to c%orroborate our re-
marks about the hardness of returns for
bullion shipped East by SOM of our
local Smelling Works.
Mining in this District is without any
remarkable new features. Considerable
work is going on in and around Treasure
Hill. besides the regular work on the old
mines. The Silver Wave, in a new ledge,
south of the old works. have run into a
fine ledge at the depth of 20 feet. The
Original Hidden Treasure mine is like a
beehiye-a large force Of men working
beneath and at both ends Of the claim.
The greatest denth reached is in the tnn-
mel facing Hamilton. 1t is in ore at the
depth of about 200 feet. The direction
of the ledge is almost perpendicular,
and its developments give every evil
denee Of the permanent richness Of the
mine. The 'bulling' and bearing
operations in San Francisco are well
understood here. The job commenced
IN a factions dispute about superintend-
ents among the principal large stock
holders. The detail Of this corner
would make a long story; but suffice IT
to say hat one party succeeded in getting
their superintendent put in, whilst the
other, it is said. have made money by
selling short. Mr.. John Tregloan. a good
aud experienced miner and millman is
now superintendent. II the stock were
to reach a figure commensurate with the
present apparent value OF the mine, the
current quotations would hold bnt a very
short time.
There are a number of different stories
going the rounds about the Eberhardt
sale. 1t is certain that the business
agents have given some Of the creditors
drafts payable on the 1st Of July. 1t is
now said that the English company have
bought the property only conditionally.
That is, they have agreed TO give the
figure heretofore named after having
sufficiently explored the mine to deter
mine its approximate value. In the
meantime they assume all the liabilities
and il, at the expiration OF a certain time
thtg Hft not Aati'h' u thNg "" $500
what money and labor they have invest
ed. We give this rumor for what it's
worth, only observing that it is received
as a reasonable explanation Of the trans
action by many of our shrewdest men.
We have good news to chronicle of the
leading mine on White Pine mountain
A few days since Walsh's men broke into
deposits Of black sulphnret of silver, IN
the Trench mine. We have a specimen
before usr-nnd it is very rich. 1t runs
about 81 to the pound, and a eonsidera-
BILE quantity of this valuable ore can be
taken ont daily-while it lasts.
The Sampson mine, below the Eber-
hnrdt, is an old location, and held very
much in favor by its stockholders, 1t
has. however, been in a financial snarl'
and had almost petered out Of market
sight for want of management and work
ing capital. We now learn that things
have been fixed up, and that there Is a
probability of operations resuming a
lively character. An interested party as
sures us that this is among the most
valuable mines in the free metal range
and that it will soon make a good report
of itself.
The tunnel in the Silver Vault Is pro-
crossing satisfactorily. The last assess
ment becomes delinquent on the 2Sth.
We are told that local stockholders can
pay it to the Superintendent and agent,
ut the Hill.
Mr.. George w. Lamb, who has just
returned from Robinson District, informs
US that there is considerable sinking of
shafts going on, and that the mines have
an encouraging appearance. Attention
is being turned to the erection of smelt-
up now.
The shipments of silver bullion, by
Wells, Fargo ~ Co., from this place, last
week, amounted to a total of $2S. 236 GO
$l4, 6S5 80 to New York and $13, 550.71
to San Francisco.
Pritchard's fast freight line shipped
100 bars of base bullion last week, weigh
ing $4,000 poands. It was all from the
Alsop Smelling Works.
Mcintosh & Barclay are making ar
rangements to freight LOG, 900 pounds OF
'aSe ouiiion-reduccd from Imperial ore.
erae,; ah hLL.Blue Hill has plenty of en-
y;ch - ana faithful friends. 1t is also
fort,n minerals, nearly all, however
Less ns e'y or unfortunately-more or
Their u base or complex character.
In tb;a great deal more work going on
I'm NiflD OF nur n,.tY,.A H. 10 nan