Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-08-20
LOCAL MINING ITEMS.

No extra degree, either Of anima-
ton or depression, has characterized
the stock market this week. The Alta
gives us the following relative to the
financial situation: "The supply Of
money is good and the demand regu-
lar. The receipts Of bullion are fair,
with a steady demand for export by
rail to New York. The Mint Is. again
in active operation after the light re-
pairs made necessary by the fire in the
assay department, and the exchange
of crude bullion for refined under the
new law diminishes the work at the
Mint In the refining department..
Money in the channels of business Is
sufficient for general purposes" We
have no sensational strikes Of rich ore,
or even new strikes of lower grade ore
TO report this week, but the following
are what items Of interest we have to
give relative to the mines of this sec
ton:
CHoLLAR-POrosI.
Daily yield 800 tons, two-thirds Of
which Is from the Belvidere section,
and the balance from the north end OF
I've old Blue Wing section. Average
assays, $67. This mine shows the
greatest amount Of high grade surface
ore at the present time Of any on the
Comstock. The Belviderc section, now
constituting the main source Of ore
supply, was discovered only about
seven months ago, in drifting south
from the old Blue Wing, near the sur
face, following a small streak of good
ore only q few inches in width, which
by degrees widened out, until now, ut
the extreme south end, 1t shows a
breast Of excellent paying ore, over 90
feet In width, having been worked lao
feet in length. 4 drift, continued go
feet further beyond this breast, shows
door ore in its face. This level OF
which We speak is designated as the
eighteenth floor above the Potosi tun-
mel level. Above the eighteenth floor
the ore Is being breasted out three floors
but a winze of l34 feet to the surface
from the 18th floor shows the ore to eX-
tend within IA feet of the surface. The
body Of ore now known to exist be-
tween the eighteenth floor and the
PotosI tunnel level is, however, the
main feature Of interest in the mine.
A Underway and ore-shute extends
directly through the center of 1t, the
ore being Of the same good character
all the way, the distance between the
two-lS floors-being 126 feet. At the
tunnel level this body Of ore has been
breasted out to 4 considerable extent
during the last few weeks, showing 1t
to be over so feet wide at the south
end. without finding the east wall.
Work is also commenced on two floors
above this track floor. and how far
below the ore extends is not yet
known. The body Of ore being worked
ut the north end of the Blue Wing IS
smaller and not so good, yet 1t Is
KNOWN to extend from the Potosi tun-
mel level to the surface, necessitating
the removal Of the office, which IS
directly over it. The amount OF ore
I'm this body Is estimated ut 10000 tons.
All the ore being extracted from the
mine Is taken Just as it comes, without
the least asserting, and Is mined NJ
very little expense, there being no
boisting to do, rs It is run out through
the tunnel to the dump by the Carson
railroad track.
YELLOW JACKET.
Daily yield 225 tons, all from the
500 and 9OO-foot levels, through the
south shaft, showing somewhat OF an
increase over the yield heretofore.
The ore breasts are all looking finely
and the ore itself Is Of excellent grade:
The drift north at the l,00O-foot level
is now in about 90 feet north of the
cross-cut connecting with the shalt,
and interesting developments are eX-
pected In the course Of another week
or so. At the l,l00-foot level the drift
north Is also being energetically
pushed ahead, the connection with the
Wine from the level above, made a
week ago, giving a good supply OF air.
These two lower drifts must necessa-
rily before long cut into q continuation
Of the excellent body Of ore now yield
ing 80 well at the 900-foot level, there
fore the future prospects Of the Yellow
Jacket are decidedly good, as far as It's
bottom is concerned.
HIEklNA-NrN AIN
This excellent mine still continues
yielding handsomely from the north
portion of its extensive surface deposit,
and the mill runs well, doing excellent
work. Very few mines are worked
with such great facility and so little
expense. Receipts for July, $4,000;
We learn that the Sacramento and
Meredith Comnany has lust commenced
suit against this company, for the pos
session of nearly all or the whole OF
the mine, based upon an old title,
which they have been for some time
p~erfectiug and getting into the proper
form. What Will be the success OF II,
or its effect upon the stock OF the
Sierra Nevada, remains to be C
HALE & NoRcRoss.
Daily yield about 22o tons, plrinc,-
DAILY from the seventh or lowest lever.
The DRIFT south Of the SHAFT nc that
level Is In 100 feet, and shows poorer
ore In its face. A raise has been COM
menced so feet south Of the shaft to
connect with the level above for air
,h3a ia in rood ore. Phe winze north
Of tbe shaft, sunk below this level is
down 81 feet, at which point a cross
emf of Ia feet each way has been made
in rood ore all the way, but owing 70
a great increase Of water this WORK nao
TO he abandoned till the main shan
has been sunk deeper. The work 9,
sinking the shaft for q new level lVt
feet below the seventh, will DC conl'
$1,000. ,nwk v,ooE