Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1872-05-18
LOCAL MINING SUMMARY.
Fer II. week KndIos May Is, 1917.

ana IN TACT they lOoh Wotso sho''
ever at the close. 1t is uselss to
speculate upon the causes Of the
disaster, or to relate the stories
so freely circulated that Sharon has
been "bearing," and that Jones and
Hayward have been quietly throwing
their Savage stock upon the market
or the still more reckless story that
Sharon and Jones have combined, and
that the whole break L. simply a Job
put up between them. Everybody
knows just as much about I'LL this as
we do. Below we give what we Know
about the mines:
New shaft down 6S feet and very
good progress being made. Considera-
bic water Is encountered In running
the main tunnel In the old mine, and
It Is considered a very good Indication
Of large body Of ore not far of. Only
ore enough is being taken from the
mine to keep the company's mill stead
lily running. We extract the follow
ing important remarks relative to this
mine, from the official report Of the
Sutro Tunnel Commissioners At the
other extreme the Succor mine and
mill, situated on Gold Canyon, are In
operation ; the vein Of precious metal
having been sallowed Into the noun
taiu 1900 feet, and the ore is taken to
the mill direct through a tunnel. The
facilities for working and the economy
exhibited have saved the stockholders
from the usual heavy assessments. A
careful survey Of the adit Of this milne
developed an unexpected fact. Fol-
lowing tho windings Of the tunnel,
which kept pace with the sinuosittes OF
the vein Of ore, we reached the same
character of quartz rock that had be-
come familiar to Us In the mines Of the
Comstock. This was an accidental dis
coyery of the miners during a search
for the gold vein, which had been lost
from q fault. This "white lode as
sayed 81 80 per. ton. BY taking the
bearings by compass In this and In the
Crown Point mine, they indicated a
connection with each other. The the
DRY has been that near the Overman
mine the vein bent around to Ameri-
can Flat, where 1t ceased. Further re-
search may be necessary to establish
with certainty the view, that q branch
Mt least Of the Comstock lode passes
down Gold Canyon and shows itself In
the Succor mine, one and a half miles
below tho Crown Point. The appear
ances Indicate that the white lode !"
aud the gold vein will, at no great dis
lance, unite to form n rich lead, and
when thus Joined the value Of the gold
and silver lead will be condensed into
tho gangue of one with the relative
proportions Of gold aud silver now
met with In the Crown Point.
Gold Hili Tuuncl.
The Gold Hill Tunneling Gold and
Silver Mining Company's extensive
tunnel starts In the rayine just back Of
the Rhode Island mill, Lower Gold
Hill, and runs through to the old
Eclipse shaft In Gold Hill proper, with
a branch to the Yellow Jacket shaft.
The tunnel was started at an early
date In the history Of the Gold Hill
mines, and the claim Of the company
includes some very valuable mining
ground. Considerable ore has been
I Ea,en,. 0 aMd o III mines p' ronoh this
tnnnel. and worked at the fine mill,
opposite the Sunderland mill, the
car track ron the tu1nei crossing
s suosa1 Na thai A. present
the comnany have lust opened a sta
tion 1000 feet from the mouth Of their
tunnel, for sinking a regular working
shaft in order to take out ore for mill
inc. that point being the most eligible,
with GOOD ore In sight In the tunnel.
.rhe Sinking of the shaft Is commenced
and will be prosecuted with all posi-
Bile expedition, a donkey engine being
placed there to do the hosting as SOON
as required. The prospects Of the
company are among the best In the
mines OF Gold Hill. Their location
was made In 1861. It Inns nothing to
do with tho Gold Hill Quartz Company,
with which lit has been mistakenly
COMPOUNDED, and will shortly have Its
title covered and perfected by United
States Patent.
Grown PsI,t.
Daily yield $50 tons; greater than
auy one mine, ever before on the Com
stock This ore Ia of excellent grade
and comes from the 1,lOO and 1900
foot levels, where all the ore breasts
ara looking splendldly. Tho amount
of rich ore In sight Is immense, with
M definite boundaries or extent, but
.onnor.ntlv embracing tho whole mine
at the lowest depths. A certificate OF
Ia increase of the capital stock of this
comnany from So, OOO, 600 In IL, 600
shares Of $3.50 each, to $40, O00, 900, in
100, 900 shares Of 500 each, has been
oe1clslly filed, The increase was au.
thorized at a meeting OF the stockhold-
ors baid for tbat nnrnose on the 18th
~ Nav ,notant mo canItaI Maid In
H. 20 6Oo 00O' md the COMPANY owes
no JebtS' The regular meeting of the
FIR tho @eIection of Trustees
and the transaction of other requisite
business, will take place on Monday,
June Sd.
"