Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-05-21
LooAL MInINa .ITKms.


resources of those mines. Money
matters seem easy enough, and large
sales Of stocks are daily made in the
Board, showing confidence to be un-
abated. The depression is only a tenn
porary one, and a compensating degree
of buoyancy should manifest itself
very shortly.
s1' 20 ASSESSMENTS LEVIED s"rlU
An assessment of $40 per share was
levied on the capital stock of the Con-
tidence Mining Company on the :
instant, aggregating $4,000. On the
same day nm assessment of75 cents per
share was levied on the Julia Gold and
Silver Mining Company. On the 10th
an assessment of $50 per share was
levied on the capital stock Of the
| Gold Hill Mill aud Mining Company.
YELLOW JACKET
This mine i looking aud yielding
better at the present time than for
many months past. At the NO-foot
level the fine rich body of ore recently
developed there i proving to be far
more extensive than at first supposed,
and indeed Is the most valuable ore
deposit ever found in the mine. Dn-
ring the past week it has been found
to extend both east and west beyond
what was supposed to DC the walls,
and its extent IN either direction Is
not as yet .ascertained. IL is being
breasted out already one anu two sets
Of timbers in width at both points, and
the ore shows an improvement. Much
of it is Of 4 rich chloride, mixed with
spots Of pure black sulphuret ore. This
body is, over so feet wide and has been
raised upon eve floors, and how far
above and beneath It extends remains
| yet to be asccrtaiued. The body ut
the ~1,020-foot level yields as well rs
| ever, and shows no change to note.
The drift ut the ll00-foot level Is not
into ore yet. The regular daily yield
of the mine is $50 tons, 200 Of which
are from the lower levels.
HALE h NoRCRoSS.
The ore body Mt the seventh or low
| est level, recently opened, Is more
extensive and valuable than was at
| first supposed, and the more it is de-
veloped the better it looks. IL already |
yields $50 tons per day of tirst-class
orc, and the other levels of the mine
some 60 tons more, or 100 tons per day
in all. This fine ore body is being
breasted out now south OF the shaft, Il
commencement being made in that
direction last week. 1t is nearly so
feet wide at that point. From the
bottom Of the wiuze, $50 feet north Of
the shaft, the ore is also being breasted
out for = width of over 30 feet. and
neither east nor west wall is found rs
yet. A raise Of only one floor is made
in the ore above this level As yet.
OCCIDENTAL.
The connection of the lower tunnel
with the Wine from the upper mine
will be made in about three weeks, ut
the present rate Of progress, the work
being theoretically driven ahead for
that purpose. Wien this is done, 4
good circulation of air will be estab-
lished, and prosecuting in the vein
will be resumed at the lowest level.
The old mine yields the same rs C
The contractor for the new mill is hur-
rying up the work as fast as possible.
The assessment Of Sc per share became
delinquent yesterday.
| II GOULD & CURRY.
I A new development of extra good
ore at the 200-foot level in the old
workings has caused quite a rise in the
stock within the last day or two, but
the extent OF the new streak or body
is thought to be limited. Otherwise
than this the ore producing sections
are not looking quite as good rs ut our
last report. The yield has decreased
somewhat, being now about 60 tons per
day ; average assay, $50. Nothing new
or very encouraging has been devel-
ed at the seventh level. No ore there
rs yet.
Yielding about 10 Gus per day.
Cross-cutting near the south line Mt
tho 730-foot level shows nothing en-
couraging as yet. At the 2G2-foot level
the drift north has nearly reached the
good body of ore known to exist near
the Crown Point line, aud the raise
has been completed from this level to
the l52-foot level. At this latter level
the ore shows some degree of improve
ment. The Rhode Island mill il boing
run OH ore FROM this mine. .
opHIR.
r Nothing encouraging developed ut
the upper levels. What pay ore yield
there was from the south shaft has
fallen of very materially, and none is
vet developed in the north shaft. The
face of the drifts ut the lowest level
show no sign Of any ledge aS yet.
CROWN POINT.
Nothing new developed. The sink
ing of the incline from the 1,0OO.toot
station is progressing well, and about
GO tons per day of low grade ore is
yielded, all from the upper levels. The
annual meeting of the Company takes
place June 9Th.
Daily yield about l35 tons, being
from the 500 and the 226-foOt levels. !
The ore pays well, and the financial
condition of the company warrants a
dividend before long.
-rj ra- ipSNEY.
Some very fair grade ore is -devel-
oped in this mine, and thirty
tons or more of it are accumulated on
the dump, lt'wlll mtli iledTiy S-o pei
ton, on the average.
rYRGISIA CONSOLIDATED.
Drift west 1865 feet in from the shaft.
The rock is hard. but favorable for
blasting. and no water being encoun-
tered. good progress is made.
CuoI.LAR-POTOSI.
Daily yield l55 tons. The ore-pro-
ducing sections show no change since
last report, except the Belvidere'
which shows Improvement.
SIERRA NEVADA.
Nothing new. Both mill and mine
running at the same regular Satisfac-
tory old rate.
HOUSE BuRSEp.-On Thursday last