Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-08-13

duced expense of production and re-
duction 1t yields a good profit. This
certainly shows improved manage
ment. The sinking Of the main shaft
deeper is being vigorously prosecuted
and 1t Is now down IS feet below the
eighth level. One hundred feet below
that level a new section Is TO be opened,
which at the present rate Of progress
will be In about three weeks.
OCCIDENTAL.
The new mill will be completed
ready to start crushing ore from the
mine by the last Of next .week-the
18th. instant perhaps. Mr. William
Skyrme Is now foreman of the mine,
and under his well directed and judi
cious efforts the lower tunnel will be
In first-rate condition and every
thing fully prepared for giving
the new mill an ample supply OF
ore as soon "a 1t Is ready to receive 1t.
He has repaired. Strengthened, and
properly timbered the tunnel through
out, wherever It was needed. Mr.
Simon Schleueck will have charge of
the milling department, bringing his
great experience and practical knowl-
edge In that line efficiently to bear for
the interest of the company. The other
parts Of the mine show no change.
The present assessment Of IS per share
becomes delinquent next Monday.
SACRAMENTO s MEREDITH.
Nothing particularly new to report.
Everything Is WILL managed and get
ting along finely in both mine and
mill. The extensive surface deposit
from which the mill receives its pres
ent supply, partakes more Of the char
acter ola regular ledge than anything
of the kind OH Cedar Hill, and rs
depth Is attained it Is found more COLI
centrated and regular and the n i'm
proves In richness. The full extent
and value Of this mine Is tar from being
developed as yet. The new mill oper-
ates we'll.
CHoILkR-PoTosI.
Daily yield $50 tons average assays,
$SS. July receipts, $26l.277 %. A
dividend Of 81 per share was discussed
last Wednesday. The various ore
producing sections Of the mine are
looking aud yielding finely, showing
improvement throughout, especially at
the track floor Of the Belvidere section.
The finances OF the company are In 4
very healthy state, consequent upon
the excellent management and pro-
Effectiveness Of the mine.
GOULD AND CURRY.
Prospecting vigorously carried on
in all directions and In the PotoSi Sec
ton there are indications Of a good
body of ore being developed, q good
streak having been raised upon at
that point some twelve or fifteen feet.
The daily yield of the mine is reduc-
cd to but q few tons.
SIERRA NEVADA.
The surface ore deposit improves as
it Is further developed northward, and
the principal supply Of the mill comes
from that direction. Its depth is n
known. but there is plenty enough in
to last for n year or two at least.
Both mine and mill are being run to
the best advantage.
BEIcHER.
No particular change since our last
report. Good progress Is being made
in reopening the southwest drift at the
at the 420- level. Some little In
crease OF ore il found in a winze sunk
ten feet below the l50-foot level,
north.
NEUTRALITY-SUSPICIOUS..
The bottom Of the shaft Is in favor
able looking vein matter and might
possibly cut down into something good
yet. The croSs-cut at the l,2OO-foot
level still shows lively, favorable look
ing quartz.
VIRGINIA. CONSOLIDATED.
Lower tunnel in 572 feet. Ground
favorable and little water to retard
progress. Upper mine looking and
yielding we'll as usual.
HOPE.
About $40 tol.s of $25 ore, continues
to be the daily yield, keeping both
mills steadily running.
CALEDONIA.
Still yielding well from the 2OO-foot
level and the winze below IL. Plenty
of ore in sight.