The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1870-06-30

ployed his time 1nduStflousiy examining
the status of the mines and the Difficult
ties which beset the development of our
interests. He has already formed some
views which. coming from him, may re-
fleet in n great measure those of q large
class of San Francisco capitaligts-and
therefore they are worthy of considera-
ton. He says the sbynesa of invest
ment springs more FROM the fact that our
mines have not ms yet attained n sufli-
Gent depth to dispel. beyond reasona-
bic peradventure. n doubt of their per-
maneney. Capital. iu It's extreme pru-
denee, dislikes RISKS, and prospecting on
ON uncertainty always carries with IL a
great deal of risk. 1t wonld rather pay
q round price for n well developed mine
that would. in all probability, pay n
steady and decent interest on the money,
than to take hold of property that hns
demonstrated nothing beyond good pros
poets. He thinks that if the people here
would club together. aud prove by actual
test that we have veins Of free ore reach
ing far down into the bowels Of the earth,
capital would then become re-sssnred,
and instead of holding back, would seek
our mines as n snre source of profitable
investment. Until more is known as to
the continuity OF fair milling ore to depth
far below any point we have yet reached,
~Eioneyed men will fight shy. He thinks
that the dnty of proving our theory of
the %profundity of onr principal lodges de-
wolves apon ourselves. Capital can pad
die it's own canoe without taking any
risks here; whilst. on the other hand, we
can never develop onr resources on Il
large and permanent scale without the
aid Of capital. Ii. he thinks. We would
ourselves club together 10 test Treasure
Hill at n level Of 100 feet below its
surface. and run n tunnel under the lead
ing locations to that depth. aud discover
fair mineral veins. our county would
then command capital. The knowledge
that the mines have bottom would renew
confidence. and at the same time test the
truth Of the theories of depth so conf
IDENTIFY advanced by the most experienced
and able Of u miners. We no not
know whether n grand stock company 10
pierce Treasure Hill at a depth of 1900
fee, could be successfully carried ont in
our present financial condition. 1t tx n
work Of gigantic proportions. aud would
involve a vast expenditure of money.
Yet we have every confidence that such
An undertaking would prove up nnr hid
den wealth, and show that our mines are
not merely superficial deposits. bnt that
they reach far below into the depths of
the earth. and maintain their richness
and uniformity as far rs human industry
il able 10 explore them. We should very
murh like TO see the genilemnn's sngges-
ton carried ont, but whether we do 1t
ourselves. independent of ontside capital.
or whether others will do it in the future.
we are satisfied that an exploration OF
this extensive character will yet be done.
1t is a mere question Of time.
THE MAnYLASD.-We have received
from Mr.. Paxton some data relative to
the operations in and yields Of this splen-
did mine, located in the Pinto District.
II never looked better than Mt present.
Heretofore the company has beer taking
out ore for shipment which averaged
about 5000 per tun. Bnt this week %
TINS were taken ont, and Sil7.sI per tun
were produced from an average assay of
the lot. The company has 100 tuns Of
ore on the road 10 San Fmucisco. has
received returns for GO iuns. and took
ont IS tuns last week. We learn from
Mr.. L. that the proprietors Of the Stede-
fel1t furnace Mt Reno have made appli-
cation to purchase the Maryland ore aud
that 1t is very likely n contract will be
concluded between the niue owners and
the smelling works. Mr.. Paxton has
figured on the proposition Of the furnace
men, and finds that II saving Of from 81
10 S12 per tnn can be made by shipping
te Reno. instead Of 10 San Francisco.
The Maryland is owned by Messrs.
McNevin, Mccoy, Paxton and Van Wyck.
There have been some very singular and
very fortunate irregularities in this mine.
The shaft at the depth of 30 feet pene-
traies numerous veins of good ore.
These can be seen Mt intervals as one
descends the shaft. At tho above depth
drifting was commenced sonth and north.
The sonih drift runs through strenks of
ore and limestone TO the distance Of
about 20 feet. mp to which point what
ever there is OF continuous vein is
rather narrow. But Mt that point the
ledge opens ont, and there is u proba-
biiiy Of it eliminating in n large cham
Der Of ore. The DRIFT north from the
shaft keeps the line of a well.defined
footwall. the ore pitching west. But Mt
point abont 20 feet north Of the shaft n
limestone interruption was met. md a
detonr, on vein matter. WINS made to the
west. when the connecting vein widened
ont into n very large chamber. As far as
this deposit has been horizontally OK
plored 10 the west. no other wall has
been discovered, and the face of the
drift is still in ore. The Superintendent
then sank n shaft in the center Of this
deposit, which is now down IN the depth
Of 20 feet, all the way through fine look
ing ore. Bnt there was nm apparent diff
ference in the ore here discovered from
that in the other drifts, and a quantity
OF it was taken ont for average test.
Dir. Van Wyck has inst assayed this ore,
and it shows the formidable result of ST.
5000 to the iun. THIS great mass Of
rich mineral deposit is only very partial
ly explored. How far 1t extends hori-
zontally and perpendicnlarly can only he
determined by labor and time. The
Maryland is doubtless one of the best
properties in this section of country.
The ore o known to be available is
ample to make large fortunes for all con-
cerned.
BULLION SH1rMENr.-Wells. Fargo &
%. forwarded yesterday. treasure from
.heir Office ms follows; To tho Bank of
Nallfornia, San Francisco, 3 bars, weigh.
1pg ios pounds. value: SO. 0G5 90; to the
S.iRninal Hidden Treasure Company,
saa . bars. 292 pc lnds. value: 81
800; to Wells. Fargo & Co.. San Fran
S snGo, l bar, value; 1852 80; to ]. & w.
ne,,eman 4 Co., New York, 2 bars, 1888
boz n aa' valne: SO. 454 81. Total Sill
az z 20 West, $7.772.44; Fast, 3d.
rLErHoRA OF ORE.-We hear that
the smelling works of the District now
nave as much ore engaged as they desire