New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-12-27

and it would be easy to procure samples
| that would assay far up into the thousands.
This is only the beginning of the drift
which tells the story OF the fabulous
wealth lying near at hand in the California.
How far the silvery mass may extend no
man can tell
Turning back to the main north and south
drift and going southwark, at the distance
of llS feet the east cross cut, No. :. ;s
reached. Here road into the silver noun.
tain has been opened. At the opening Of
the drift about all that is seen is the mix.
ture OF porphyry and clay. with here and
there streaks OF white quartz running in
various directions. Soon. however, band
OF clay is found coming down across tho
drift, cutting boldly through the rocks az
an angle OF about AS, and here begins the
ore: At this point the yield OF the ore 10
SAID TO De $leO ton, and little further Oh
1t increases to 1900. At the end o: :he drift,
found at work, picking away a. The sides Of
the shining mass. About midway in tho
length OF this cross-cut is q wirza which
connects with drift fifty feet lover. wh;sh
comes in from the Gould T. Curry claim.
This awinze throughout its whole lenc-h
peretrates the same Sich ore that was found
in the Grift.
Ths earth around the timberr having
cavet2 in. the workmen are filing il in with
ore worth from $3.50 to $500 per ton. This
is nothing, however. as the earth all around
is one mass of ore of equal value.' Going
southwark again. cross-cut No. is reached.
This cut extends east and west between the
north and south DRIFT. At the wee: end is
found a vast wall Of quartz. clay and
porphyry. At the southeast corner is found
a wall of ore l4I feet wide, of .he riches.
kind. When one stands and tries to calcu-
late the amount Of ore contained in this
body, it seems almost impossible that such
a mass could be dug out and raised to the
surface. Pushing on again into the Cali.
tornia claim, a drift is reached which 10
being driven east. This is steering for the
reached within distance of $50 feet. No
"breasting out" has as yet been done in the
Consolidated Virginia at the 1900 FOO. level.
All the ore thus far taken from the level
has been extracted in running the dritts
and cross-cuts.
But below the 1900 foot level Of che Viz.
ginia drift are q few million dollars in
sight which it would not do to overlook.
1T is estimated by an expert that there
einia mine above the 1900 foot level $43,.
100000 worth of ore!' Mind, We dos
vouch for this). This is saying nothing
about what is below, which has already
been explroed to the depth OF 1i:y tees
below the 1900 foot level.
This description, it must be confessed
can only convey to the mind a very poor
the alleged great discovery. The greas
centre Of interest in the vaet ore body
running through the three mines 10 az
present in . little drift in the Ophir ground,
just at tho edge q the eortb line % The
California.
In this, 10 10 sai0, was struck ore sYae
surpassiag in richness anything yet seel.
Specimens are here found that are almost
pure silver, that ere quite malleab!e, and
Lead This 10 below the 1465 foot level %
the Ophr. From the northwest drift Q
croes-1rift has been started south sOvart
:, California line. In the face o. this drif0
Is where the wonderfully rich ore has bees
found. it is estimated that the ore il this
ten foot drift will average $1,000 peg ton. \
specimen taken cut at this point assaye9
over es?oo. The oldest and mos: exps.
rienced experts lose their equanimity 10
California papers say in contempt sting the
richness and extent Of the ore
deposits, and operators are amazed at The
startling advances IN the price q ec2fee il
the favored mines
The history OF the California mine duIinR
the last four or five weeks has been re.
markable one. On the first of Novembes
the stock was selling at S59 per share: Oh
the fifth at Goa; on the eleventh 81 90; on
twentieth at $sl; on the thirtieth il reached
300. and most people thought il was time
70 stop. But there were heavy buyers il
The market. and next Tuesday The price
was el2O; Wednesday it rose to el35: on
Thursday buyers had to pay $lGo. and Fri.
lay it opened on the street at els: 30, and
n the morning Board rose to $I9s. The
'tock was not called at the afternoon SEES.
'iOn. but on the street great manv sales
we're made at prices ranging from e205Np
% $227 so and as darkness closed over the
'ager crowd 1925 was freely offered without
akeys.-New York World.