Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1874-03-19
LOCAL MINING SUMMARY.
Per IL. w..k R.ai.s March 10, 1874.

~
A decided Improvement Is noticeabls
In stocks for the last two days, and
Judging from various Indications, a bit
Of 4 rise Is inaugurated. How much
Of AL advance there will be, Of course,
remains to DO seen, but the mining
Is very healthy aud furnishes
a good basis for a healthy rise In
the mendacious misrepresenta'
tions Of the "bcars" to tie contrary
Notwithstanding. Gould and Curry
has taken quite a jump. based upon
improved appearances developed In
the deep prospcctings, as we'll rs a
rumored development OF rich ore
At the 15o0.foot level, by means
OF the drift from the Consolidated
Virginia. Ophlr shows no Improve
mont. and the Alpha prospect remains
about tho same as at last report. A
finc body OF ore Is developed at the
950-foot level Of the Chollar-P otosl,
and the Ovcrman Company having
fully demonstrated tho existence Ola
valuable and extensive ore body In
their mlne, have been obliged to TEN.
porsrlly discontinue their north drlft
from the wlnzs OH account OF Increase
Of water. The nows from tho Amcrl-
can Flat and Gold Canyon sections are
encouraging, and as soon as Spring
opens properly. the outside mines
away from the assistance Of the
railroad. will render q better &C.
Of themselves. Sales Of stocks
have not been heavy during the
week, except in the case OF the Ophir,
In which a very large number OF shares
have changed hands daily. Crown
Point and Belchcr both close stiff, and
at an advance. Both mines are giving
an increased production. and prepar-
atlons are made for a still further In
crease. The great ore body In the
Point 10 holding out well
at tho very lowest points to
1t has been explored,
no bottom being yet found to 1t, and
there Is every reason to believe that
tho Belchsr will hold out fully rs deep.
Money never was plentler, aud holders
all evlnco willingness to In
vest OIL n lively market. Below we
give what We know about the mines:
Consolidated Virginia.
Sinking the shaft for the l5oO.foot
level is making steady progress, the
rock In tho bottom working finely.
Sinking the north Wine below the
400. foot level has been stopped until
the north DRIFT from tile bottom OF tho
winzs connects with the south drlft
from tho 400 foot station That drift
Ia being pushed ahead with all the
ylpor possible. A west drift has been
started from the l300.foot station to
tap and open tho ore body on that
lsvel ready for extracting the ore
whenever IL Il desirable to do so. All
the ore slopes and breasts opened,
from the l000.foot level down to tho
bottom Of tho north winzc, which Is
ten feet below the li00.foot level, show
and better rs prospecting aud
developing the mine proceeds. All
that those who cavil at or doubt the
statements In regard to the rich ore
deyclopments Ia thls mine have to do
&, to 90 aud see and DO convinced for
Daily yield 200 tons OF
ore, which. rs oon M tile roads be-
settled aud mills cat be obtained
10 crush Il, can DO Increased to almost
my desirable amount. All the neces-
vary dead work that eau DO possibly
,ot at, Il being done at this tluiu so rs
% prepare the mine for the rapid ex-
Of ore whenever 1t shall be de-
to do L..
Caledonia.
Repairing the shaft between tho GOO
md 7CO.foot levels Ia making rapid pro-
,rcss. As soon as repairing the shaft
d completed, and tho 4th or 7OO.foot
,tation Is put In working condition, a
irlf. will bs started to prospect the
edge on that level. The north Wine,
LIN \. h.,,o .unk from tho north
irlit at the second station or 50O.foot
'evel for ventilation purposes, Is down
20 feet In good sinking grounu' .nere
= ss,ne "a ,ho nroors., oi The
"nr .rhs Third station or OO.foot
'.yaI drift /. nrogre,,Inp nj the rapid
80 ~ az fest Mar wcck. running TO
49, c@on,sction with Tho air winzo
,a"n, ,ha i.vsi shovs A .e.nave of
-, ~. mnns, nartIon N tho
va ~ IN. diff ha, ,omsvhat retarded
'ha y,arr during tho na.t two DAYS.
su,,ho, vim. hs, hear started In the
'h1sS S,.,,on ain Sor Tho nurno,e Of
with ami yentIIatlny the
,,nno.oI arin. IN ths Ith station or
,oo, ,svei The lin have
.een t,tsn on, dawn 10 Tho a25.foot
,tation. whsrs the drain tunnel con-
n.cts with the main shaft. This IL
lulte 4 saving In the power necessary
% do the pumping, as all the water
,n .,e matt Is no" a'"'''eu '"''"s"
U'o"n rum"