Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1875-08-19
THE NORTH CARSON.
A Change in the Deal-A New and
Substantial Board Elected-The
Mine to be Immediately Put on a
Paying Basis.


Paying Basis.
From the Territorial Enterprise of the 18TH
Mention has been from time to
time made in these columns of the
North Carson mine as one of the
fond hopes of our neighbors Of the
Capital city. The prospect is GER
tainly a favorable one. The surface
indications are excellent, and the
developments have proved beyond a
doubt that a rich ledge Of ore exists
there, which but needs the right
kind of prospecting to pay expenses,
and something more, at once. But
the management hitherto has been of
a kind which has not covered all the
Dire ctors with glory, lift has filed
their pockets with gold. Parties in
terested in the mine some time since
commenced an action at Carson
against the old Board for malfeas-
ance in office. These parties have
since united with others, bought up
the stock, obtained control of the
mine, discontinued their suit, and
last Saturday elected q
NEW beard OF DIRECTORS.
OF this Board three a,e we'll known
capitalists and business men of San
Francisco-to wit: j. I. Ayres,
President; M. F. Bird and A. 8.
Gould. The other two are residents
of Carson City, and are men whose
names will carry confidence with
them. They are H. M. Yerington,
of the Virginia and Truckee Rail-
road and Writ Hopkins, of the Mint.
And now that this new Board has
been elected and the stock is out of
the hands of the old Board, our
neighbors breath free again, and
hope once more revives that the
mining resources of the section will
be developed. A look at the ac-
counts of the old Board is sufficient
to see the righteousness perhaps a
harsher word would better express
it) of their management, the single
exception being in the account of
McCrorey, who does not seem to
have figured as we'll as the others.
Notwithstanding there has just been
an assessment of twenty-five cents
per share levied and collected by
the old Board, the new manage
ment have had old debts to settle by
the score. 1t is the
INTENTION OF THE NEW BOARD
To develop the known resources OF
the mine at once as we'll as to con-
tinue the lower tunnel on to the
vein. Work to this end will be re-
sumed in the upper tunnel and the
ore stopped out to the surface. That
the situation may be understood, 1t
NAV not be amiss to state in this
connection that the mountain in the
vicinity of the ledge is sprinkled
over with quartz containing black
sulphurets of silver, as we'll as free
gold, and yielding good assays
The earth itself contains both free
gold and silver in quantities which,
were water handy and abundant
would pay for working.
THE LEDGE AT THE SURFACE
Stands nearly perpendicularly, and
contains a vein OF ore eight inches in
thickness, which is very rich. Here
work was first commenced. This
ore vein was followed down thirty
feet. Stringers were found leading
into it, and it commenced to nave 8
dip to the east. 1t also increased il
thickness very rapidly, till, at the
attained depth of thirty feet, it meas
ured four feet in thickness.
A TUNNEL WAS THEN STARTED
So as to encounter the ledge ont
hundred and four feet from the sur
face. Where the ledge was struck
by this tunnel 1T measured ten fee
and eight inches in thickness, and
had increased in richness. The orr
from the vein at this point assayed
from $50 per ton to as high as S720
This was enough to prove the mine
a good business venture. The com
pany then determined TO proceed
with developments in such a man
ner as to make the work done avail
able for future purposes, and com
menced
A SECOND TUNNEL,
Which is intended, after making al
lowance for grade, to strike the ledg
four hundred feet below the frs
tunnel The mouth of this tunnel i
just tar enough up the side of tn
mountain to give good dump an,
mill room, and is convenient of &C
cess. From this point the tunre
has been run six hundred feet, ant
is encountering a softer formation o
porphyry, bearing large and stronl
feeders of quartz, which yield goo,
assays and prove the main ledge t.
be somewhere in the vicinity. A
was said above, the work will nov
be pushed with vigor at all points
even to the sinking of winze from
the upper tunnel level and followin,
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