Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-06-03
LOCAL MINING SUMMARY.
Ser ,.., Week E,1,as J..s >, lssa.
Latest Omcial Mining News

Ser sss, Week E.1las 1,.s >, iass.
Latest Omcial Mining News
ssseks-fhs Mining sisaasssa =
Prsrrsss % Aesaal and Prss-
peetivs ore Dsvslspsasnts =
Chasees fer sp~seaistisa.
During tho past week the stock market
has bean In rather Of . healthy con-
didon. comparatively speaking. ophir
advancing considerably. upon an
improved condition Of The dsvsl-
opments In the lower levels Of the
mins. The condition Of the mine To-
day would justify . still furthsr advance.
yet the game may b made for . decline.
Who knows, One thing IL osrtain. the
mining and stock situation u not ripe for
any lively and extensive advance a.
yet. The near approach Of dividend
day." which means Consolidated vir.
ginia. has It's natural effect At the pres
emit time In sustaining the market. and
assisting the chances Of its holding stid
for q while. although . depressed MAJ.
kst Il oonAdsntly predicted the
latter part Of this month. ophir
seems TO bs the leading spsoula-
tive stock. and 1t II 20 naturally. It
contains q vast amount Of low grade
ore. interpreted with streaks and
bonanzas Of high grade ore, 30
that good or bad reports can come
from II with almost equal facility.
making II the stock on the list for vim
ming O. losing upon. owing 10 it, con-
tinuous and sudden fiuctuation. Money
always ioeps changing hands In ophir.
At my time however. a large and oxten.
sivs body OF rich ore Is liable 10 be
developed in the mine, which may
change the face OF matters materially,
running the stock up into the hundreds
in q very short time.
Below We give our regular weekly
summary Of the latest and most correct
mining information. derived from Of.
ncial and authentic sources, showing the
situation Of each mine to-day, up to the
time Of going press:
Lady Brya..
After q fair trial. 10 has been decided
by the management that the hosting
and pumping machinery was not SUN.
GENTLY powerful 70 keep down the water,
sink the shaft, hoist the waste and hoist
q sufficient amount Of ore to keep tho
mill running; and the Developments on
tho 3S0-foot level having created q
strong anxiety TO ascertain what the
next level will produce. II has been
decided not TO start the mill - was In.
tended. but to concentrate all the energy
possible In developing the present levels.
and In opening up another. before
commencing the crushing OF ore.
Tho How Of water has been almost on.
tirely drained at tho 3j0.foot level. and
the work OF putting up o large tank, for
catching up whatever water mny drain
from the ledge, II nearly completed. As
soon AZ that 10 finished. sinking the
shaft will DO resumed. Tho bottom Of
the shaft is now In the east edge Of the
orc vein, and taking into consideration
the great width Of the vein on tho levels
above Il. cannot pass entirely through II
before reaching the depth OF GOO feet.
There Ia not q doubt but that some In.
tsresting and valuable ore developments
will be mnds long before reaching that
depth. Work 10 progressing a. usual on
the upper levels.
Cs~ssslidassA viFxisia.
Daily yield COO tons Of ore. keeping
the mills all running up 10 their full
working capacity. The ore breasts are
looking we'll and yielding the usual
amount OF good orc. The joint east
cross-cut on the l400.foot level In stea.
Oily advancing. not yot having reached
the east wall Of the ore vein. The
wiuze being sunk from this drift has
made the connection with the up-raiss
from the level below. The winzo from
cross-cut No. 3 on tho 1400.foot level
has also completed . connection with
the up-raise from cross-cut No. 3 In the
California ground on tho l500.foot level.
The finishing OF these two air openings
between the 1400 and l500-foot levels Of
Of those mines 10 OF great value, not
only as mediums for furniahing air. but
also for cooling the heated drifts and
enabling the men TO work with comfort.
Sinking the @. d O. shaft Ia making
splendid progress, Notwithstanding there
Ia q slight increase In the dow Of water,
which gives some little bother. II Is
now down 5l2 feet. The erection Of
tho new hosting and pumping machine
ry 10 making rapid headwsy. all the
mon that can b worked 70 any advant.
age being employed on the works.
0phiP.
Daily yield $50 tons Of ore. This ore
is being mostly extracted from the l465.
foot level. At the depth Of II feet, per.
psndicularly. below the l600-foot level.
the winze being sunk has been con.
nected with the southwest drift from the
east shaft, sffording . hns circulation Of
good air. and greatly aiding the develop
msnt In that portion Of the mine. The
bottom OF the WINE and drift alss wsro
In ane ore when the connection was COM
plsted. This winzo Ia 10 be continued
on down 10 the l700-foot level, follow
ing the regular dip Of the ore vein. Tho
north drift from the cross-out on the
lG00-foot level 10 In Q distance OF &c
feet, the face in excellent ore. Cross
cut Mes. 4 and 8. on the l70O-foot level,
are beng pushed 70 the eastward with
all tho energy possible. the face Of both
In q very favorable character Of vein
material. The Developments to DO made
by these drifts are Of great Importance
as aken in connection with the dis
coveriss likely 10 10 mado by the
winzo below tho l647.foot lsvsl--drit
thoy must In q great measure 70 deter-
mine the real value Of tho mine on the
1700-foot level.
Hsllien.
Cleaning out the old incline below tho
AN. foot laval preosyakoyv N siukina II