Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1874-02-24

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the company. Those gentry to Whom
he had referred did not attack tI,a
strong, and it was the belief that this
company was short of funds which en-
cOursged them in their first attack.
Everything had been done which
could be done to secure to the cOmpanv
the peaceful. possession of the proper-
ty in future. loud cheers.) lie Lett
London for the mine, feeling a good
deal OF anxious suspense, for he lad
introduced good many personal
friends into the company, and he felt
in duty bound to 60 out and tell them
the truth. (Cheers.) II he had been
disappointed, and found the thing not
worth the trouble of working, he
should at once have said so. He and
MIR. Corrigan, as soon as possible af-
ter their arrival, went through the
mine, and he had not been in two
hours before he saw that they pos
sessed something extraordinary. There
was in sight what we believed would
represent the purchase-mOney of the
mine; the lowest estimate he could
put it at was 10000 or 10000 tons of
ore. (Hear, hear.) Mr.. Clarence King
was called upon to report upon the
mine, and he put it ut Il larger amount:
at Il later date Professor Price, mt the
request of Mr.. Corrigan, reported up
on the mine, and he put the quantity
OF ore Mt even a higher estimate. Since
then the Rossiter incline had been
opened. The ROssiter incline was
down 800 feet; it commenced at the
leve! of the LiSette tunnel, which was
| about 400 feet from the entrance of the
old Richmond mine. Well, 300 feet
deep 10y 100 feet lateral extension, by 10
feet thick, gave a total of ,2W,OOO Gu
bic feet, which, reduced to tons, would
be about $4,000 tons, aud taking Off -
per cent. for loss and waste, would
leave $4,000 tons, and that at 81 per
ton profit, would amount to E2lO,-
900 as a minimum. (Cheers.) He be-
lievcd many would put it much high
er, but he gave them fair estimate
Those were the new discoveries. BE-
sides that, there WAS the balance of for
,ner reserves over the 10000 tons ex-
tracted, and there was thus a large
mass of ore to be added. SO that they
might feel pretty comfortable. (Cheers.) J
lie would clidc;lvOr to describe the na-
ture and appearance of the ore as they
Went down through the bed. Tie eN-
ploration originally had been made in
Il most u:l>cicntific manners; the ore
had been put out right and left to see
what they could get to feed the mon
>ter furnaces on, which were more
like iron blast-furnaceS than anything
| else. The ore had a general appear
ance OF reddish gray rust colored
earth; it was soft and friable for the
most part, and might be divided into
three layers or zones Of different kinds
of ore. The first, which lay towards
the top, carries high percentage OF
gold, with Il little lead, and some sill
yer. The ore could not be worked bv
itself: it had too much lead to work as
milling ore, and too little for smelling.
\ little lower down they came to the
middle region of the ore shoot, and
there they found a rich heavy carbon
ate of lead, varying from liyht-yel-
low to a dark-gray. These were seen
i'll StreakS. The next region consisted
chiefly of a more compact solid ore, in
which large Jumps or nodules of ar
gentiterOuS galena were embedded.
The galena contained large amount
of silver; he had seen it assay 400
ounces 20 the ton, but the average was
$50 ounces. Mixed up with it was
large amount of pure iron ore. He
would endcavOr to give some idea of
the value of these three kinds. The
first had assayed frequently in his
own hands five and six ounces of gold
per ton of ore, and one assay, made
most carefully by competent gentle
men at San Francisco, had yielded ten
ounces to the ton. OF course, this as
say was exceptionally high, but still.
il they came TO the working through
nine months the gold had averaged IA
ounces per ton of ore, without nlention-
iny the silver or lead. Coming down
to the middle region, where the car
Donates of lead were chiefly found.
they had 4 better tenure i'll silver, and
a moderate tenure Of gold, whilst they
carried Il ;Sutliciency of lead almost to
smelt the upper layer; in some por-
tions there was really sufficient lead
to supply the upper poor dry portion
OF the vein. (ChcerS.) The tenure of
silver was from $50 to 200 ounces; gold
varied from four to three ounces. They
next came to the lowest portion of all
galena mixed with iron; the iron they
left out, but the galena taken by itself
averaged an assay OF $50; this was
rich argentiierOuS Talena. On the first
examination of the mine he had to AS
certain correctly the value of the diff
ferent kinds of ore. lie had already
told the meeting what the approximate
v.lue was, but the shareholders would
be very much misled it they thought
that all the ore taken out would assay
like this; representative specimens OF
the different kinds of orc had to he
taken out first. This had not been
done in proper manner, and
it, therefore, became necessary to
have a moro certain method of
ascertaining the value of the ore. While
the law suit was going on it had been
found to be impossible to assay OH
large scale, but in March, when the
furnaces commenced running, a regu-
lar system Of sampling had been
adopted. The ore was put into the
furnaces in a certain quantity five or
six times during the hour, and for each
charge a shovelfnl Of ore Was set aside.
This operation was carried on through
out the day, and at the close of the day
or the next morning the accumulation
was taken, well mixed, portion
crushed and dried, and then divided
into three equal portions and sent to
three different and Independent assay
ers. (Hear, hear) Beyond that, sam
pies had been taken to the office, of
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