Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-01-08
LOCAL MINING ITEMS.

LOCAL MINING ITEMS.
The stock market commenced the
year with but little animation, but as
the first week draws toa close, several
of the leading stocks show quite a
hopeful advance. No particularly new
and interesting developments are ap-
parent In any Of the mines, but the
general aspect Is encouraging, and
there are good reasons for the hope
that we shall have something better to
report before long. The money market
remains tolerably easy, although not
especially free.
OCCIDENTAL.
The lower tunnel being still vigor-
ously driven ahead In the ledge mat
ter next to the east clay, and has
nearly or quite 100 feet further to run
in order to reach the regular pay Chin
ney and ~intersect the winze from the
car-track level above. The old mine
keeps up its usual good yield, and
looks well throughout. At the extreme
north end Of the car-track or adit
level, 1850 feet from Its mouth, 4
raise or winzc Is being carried up to
the bottom Of the old st. George shaft
for ventilation purposes. The shaft Is
also being sunk at the same time. The
raise Ia already up some % feet, but
the diStanceto accomplish In order to
make the connection Is about 500 feet.
This will take several weeks. When
completed, however, a most excellent
circulation Of air will be established
throughout the mine, something much
needed at the north end, where the air
Is hot and not good.
HALE 3 HoRcRoas.
The ore breasts Mt the 9Th or lowest
level still continue looking favorable
and Welding well. Two cages are now
run 10 that level. The water is about
all drained out between that and the
leve, above. It was reported a day or
two since that a dividend would be de
clarcd this moath. but such Is mo- the
case. No dividend will be declared
before next month. The present ore
yield Is about $50 tons per day.
Grown POINT.
About the san, ~ at our last report.
The faces of the drift east ut the 1000
and l,lOOLfoot levels only show gray
and dark porphyry. The face of the
north drift from tho 1.0OO-foot level
shows lively looking barren quartz,
with no sign of ore ut the present time,
although 1t il hoped that a good streak
may be struck by following up this
favorable Indication. An assessment
Of ~ 80 per share Is just levied.
SIERRA NEVADA.
The mill is now running steadily and
all right. principally supplied from
the east body of ore developed at the
car-t-ack level, which Is looking better
Nthan v Last Tuesday they made 4
cleanup from ;welve days run, which
Welded $3.50. Everything about the
mil and mine looks well, n the III
turc prospects are cheering. The an
nual meeting Of the Company takes
place at San Francisco next MONDAY
GOULD = CURRY:
Yielding about 81 tons Oh good pay
ing ore per day. The upper workings
near the surface show improvement,
and samples from the FL Dorauo sec
tiou indicate a large deposit some
where I'm the vicinity of where work Is
being prosecuted. The drifts at the
lowest or seventh level, north, south.
east and west. are being vigorously
driven. but their faces only show va
rieties Of porphyry, with no quartz or
other encouraging Indications.
YELLOW JACKET.
- ,.,ttk, - Lou, nvrola Nra
from the north mine being shipped per
railroad to the mills on Carson River.
The south mine shows improvement,
consequently the receipts are better;
Il Yields about 200 tons per day. The
company's finances are improving. and
stockholders may look forwart! to a
resumption Of dividends in the course
of three or four months.
SAVAGE.
A cross-cut at the 1W-foot level,
about 100 feet from the Hale & Nor
cros. line. a day or two since, showed
nrctty encouraging indications Of some
thing Good at hand, but it turned out
nothing extra, No good Developments
%recentiy made In any part Of the mine.
prIcHER.
Welding about 80 tons of ore per
day: average assays, $40 per ton.
Explorations at the lowest levels tenn
porarily suspended, and work concen-
rated at the upper levels, where there
Il ore enough In sight to last for sew
eral months.
CuoI.I.AR-Porosi.
Present yield about l2Otons per day;
average assays $50 per ton. Work