Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-06-24
LOCAL MINING SUMMARY.
70. II. Week I.A,as Jane ~, 1873
Latest Omcial Mining News

ssr ne week .sa.hs sss0 81 Ao
Latest Official Mining News
Psrphyry aud Bsdrsek- The DO
nanxa Break : Csrsainties and
Chsnees -Today's view 81 she
Mutation.
Tho streak Of porphyry into which
the stock market ran . week or 30 ago
has developed into Q horse. 80 that at
present the market may appropriately
be called . .hons market" Yet what
is tho reality Of that porphyhac-horse
affair? II has beon freely stated. writ
ton and recorded that an objective AZ
rsngensnt OF that character had
boen suddenly and unexpectedly
struck in stopping upward from the 1900
foot level Of the Consolidated Virginia.
tho chief OF the bonanza. The origin
or foundation Of this statement does not
appear to be very clear. but authorita-
tive assertions are made to the contrary.
The Superintendent officially makes
tho following s~'a'e'nsh' INV
NJ ~ -
'ha' W. nave suu'A "o'So pop
In the hor'n s'oPe "o" m0 ~
10 'hs iioo''oo' level W. =
any VI" 'ns P0'A
'e'ei' iu0 "iho n''
thah IL does to-uay' ihe
AMI Consolidated mills 'ha' nave oesu
stopped are now oo'n running,
much ior tho o,s '0n ~
bu' rs We nave before su.e'' '
arc various eom"'na.ons '
stances winch ~ wv
eht uepresseu sA'o VI s''0A', "Ha
make the present month of June the
porphyry and bedrock month an far rs
s,,.t. ,,o co,cer,s5 Wa hardly think
- 49, a.. 49,,
SHOCKS Will 20 io"ei' wv 'ney n'"y ho'
60 higher for q while, although the
chances. bassd upon the rcal merits of
an, ,,i,;,, .;,r.,;,r ara 4, favo, NJ
rise' instead OF any 'uf'nof aePfeSs'on'
Below wo give our regular weekly
SUMMARY OF the latest and most correct
,,;,;,, ;,,o,u.,,or ds,;v.d from nj.
a'
nciai ana u'hehuesou'ees Sn'"ins 'a'
situation OF each mine to-day. up 10 the
tim. of going 10 pres,;
-
~ -o,
The prospecting Work on 'hS i'oV
foot level Is fast narrowing down to
ANAL proportion.. tho steady, system.
~, al s;,o,or. n,o.ocr,;on Of thu
=, =
WIN A"'."e' ~
small portion o. inc ei''eh9 no''n en'
OF the LEDGE literally cut tue "ho'e INTO
immense blocks anu squares, ,hs 'un
="smh,a,o ., ,ha ,ho,or,hIay.. Of
som. great city. DULY three drifts are
now being run in the ore bodies on this
level--cross.cut No. 3. 100 feet south OF
tho Ophir line, cross.ent No. o, near
tho line, and a lateral DRIFT which Is be-
ins run in the ore vein to connect cross
cuts Nos. 1 and .. The lace Of this lat
sml drift has been in orc for almost tho
entire week. tho car samples oil which
have given average assays OF SlOi 10
Sl67 per ton. the character OF the ore
being very even, showing little variation
whatever In value. The orc In the face
Of cross.cut No. Q Is much richer. the
cur samples averaging from 1856 TO $500
per ton. The face Of cross-cut No. @
has not yet reached the rich ore. Tho
erection OF the new mill IL being pushed
to completion with all the energy pos
siblc, all the men that there IL any show
whatever to work being employed In Its
erection
Consoiidssed virginia.
Daily yield. o tons OF ore' Keeping
tho mills all running up To their iuli
crushing capacity iho y'eiu OF "uihoh
Tor tho present month VII, anoaa
about si.ooo'ooo' dihcrhs Out h''e, :"
any, from that OF the last two months.
Tho ore breasts are all yielding well. and
In fact the entire mine Is looking M well
or better than II has for the past twelve
months. hut little has been done dur
ing tho past week sinking the Q. X &.
shaft, owing to the flow OF water at tho
bottom, which became too strong FOR tho
small pump being used to handle.
Larger pumps are being put in, n are
now almost ready for use, no tnat In a
day or two more the sinking VIII AGAIN
10 under full Roadway. The err etioh o,
the heavy, permanent hoistlhg anu
..-.. s.aaltnnFV InF Ihll MAIL IN u i