Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1875-08-26
LOCAL MINING SUMMARY.
s.r sls week Esl,ss August -, isss,
Latest 0ncial Minlhs News

ntoekn ~Bustea "a bosssa
An AIsax shs Lins-A Very un.
licked fer and Uaiusstnabls
Brsak-whas ths Upper asa Few.
90 Levels, and he Mig BsnsssA
Say Absus % Te-day.
We have no apology to offer our
readers to-day for the present break In
the stock market. It u none OF our
work. and We do mot propose trying TO
account for Il. The situation Of
the stock market 10 sufficiently
s~ggravating TO salt even the most cyni-
cal. Some say Flood 4 o'Brisn have
done this; that they have simply put up
o big job. taking advantage OF tho strin-
csncy Of the money market. and con-
spirsd to totally ruin all other oapitai'
lists. Other sensational stories arc freely
circulated, and how near the
truth any Of them may bs Is
very hard for rs to decide. Mean.
while, the mining situation seems
good. the upper and tho lower levels
are looking well n usual. and the big
| bonanza remains unscathed.
below We give our regular weekly
summary OF the latest and most correct
mining information. derived from Of
aciai and authentic sources, showing
tho situaiion Of each mino to-day. mp TO
the time Of going to press;
G~aiiasrnia-
The main north drift. at the i550.foot
level. IL making good hsadwsy. and the
ore In the fscs still continues Of an ex.
ccllent grade. Cross-cuts Nos. ; and 4
are also In fine orc. At the I5OO-foot
level the lateral drift north from ross.
cut No. 8, Il In a feet, with is lace yet
in fins ore, and the same may be said Of
the lateral DRIFT from cross-cut No. O.
which In to-day in 20 feet. Tho ore de-
post at this level Ii now becoming prot
ty well understood, through the systs-
matte and thorough development OF
Il by means Of the various drifts
and cross.cuu. dividing II mp into
regular blocks and squares throughout
the entire length. At the l40O.foot
level the lateral drift In the ore body 10
now In q distance Of 200 feet from cross
cut No. 8, and has run into ore OF q
lower grade which does not seem to i'm
prove a. the drift advances. The Joint
c. & G. shaft 10 G37 feet deep to-day.
and we'll timbsred throughout. Excel
lent progress Is being made placing the
massive and powerful new hoisting and
pumping engines and machinery. and
In the erection OF tho main buildings.
Consolidated Virginia.
Six hundred tons continues 10 DO the
daily yield Of this famous mine, and tho
bullion returns thus far this month have
considerably exceeded those Of last
month at this time. The prospecting
drifts south at the 400 and l500-foot
levels, toward the Best and Belcher, are
progressing well and give very encourage
ing prospects. The west cross-cut at
the i5O0-foot level. near the north line,
has not yet reached the west wall. II Ia
In 115 feet, and the face continues In
excellent ore. The various working
slopes and breasts OF the mino arc look.
ing and yielding splendidly. ~ usual.
The mill, and In fact everything In and
about this mine. Is running splendidiy.
or tho great @. 4 @. shaft. and progress
at that point. which Is intimately con-
nected with this mine m we'll m the
California, We have made mention In the
portion Of our report specially referring
TO the California mine.
Belsssr.
Owing to scarcity Of water In the Car
son river. as stated In last weeks report.
and the consequent inability Of the mills
to crush the ore. the yield Of this mine
has fallen of greatly. and less men are
employed In ore extraction. This, how
ever, IL no detriment 10 tho mine. for
surely the ore remaining In ID indicates
no practical exhaustion, but will come
very acceptable by and by. Prospecting
and development meanwhile goes ahead
vigorously at various promising points.
Drifting east. al the 1000 foot level, pro-
crosses well, and tho air shaft Is raised
up from that level l52 feet. Connection
was made last Monday night with the
l3oO-foot level and the main portion OF
the air shaft being sunk from the sur
floe.
Daily yield about l6o tons principally
from the 400 and 150o-foot levels. The
or. bre asts and slopes are looking well,
and average assays from car sanples run
over 500 per ton. At the l700-foot
level prosecuting both east and west
GOES ahead lively, with very suooumg-
ing results. aud sinking the incline be-
low tho l5OO-foot level will Be next In
order. The new buildings are just what
are required. and In fact all the work
shops and other surface arrangements
All the bill admirably. Everything
works well and smoothly, and the devel.
opment OF the mine II carried forward
judiciously and well regardless OF the
price Of stocks.
This mine, which lies In the noun
tains about four miles west Of Carson
City. il now being brought into promin-
ent notice through recent valuable de-
velopments. The ledge Is about ten
feet wide, between wull defined walls,
runs In q northerly and southerly direc-
ton and dips east. II Ia rich In free
GOLD and contains considerable copper
and silver. Tho shaft In 90 feet deep. |
and the character Of the ore improves o.
further depth 10 attained. Experts say
that q will eventually prove to DO a sill.
yer mine.
This In q new and very eligible min
ing location lying just north Of the
Prospect and east Of the Centennial In
The eastern ore range or belt Of the Com
stock. The company owning Il is com.
posed Of energetic men, with capital to
back them and they arc going In for the
development OF their mine In good earn-
est having q three compartment working
shaft already sunk 10 the depth OF eight
feet with the bottom In very promising