Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1876-01-25
MINING ITEMS.

About two years ago A. M. oado-
~. discovered and organized Para
a;.e District and located several
,.aoes therein. II is situated about
s;oSteeu miles northeast from Win
nsmucca in the range of mountains
xbioh separates the lower end OF
p.r.dise anil Eden Valleys. Among
me lodges located by the discoversr
of the district is one named the
Credit Mobilier. The ledge is about
two feet thick, and is prospected by
a shaft to q considerable depth.
About forty tons of ore, extracted in
sinking the shaft, is now on the
the dump. 1t is estimated that TINS
ore contains in free gold at least
$2,6OO. A specimen taken from the
shaft at depth of SO feet carries the
largest pieces of gold ever seen in
quartz produced from the mines of
Nevada. In one end Of the specimen
is a plate of gold from an eighth to
sousrter Of an inch in thickness, and
extending the whole breadth of the
specimen.
The Carson "Tribune" of the 22d
Instant says: "Work on the North
Carson goes bravely on. Superin-
tendent Gould reports that sinking
in the main shaft is being pushed
with increased force, and although
the rock is now very hard, excellent
progress, averaging three feet in
every twenty-four hours, is made.
Since leaving the ledge, which at SO
feet from the surface pitched to the
west we have encountered numerous
feeders, some quite large and showing
ore. At depth of 200 feet, which
will probably be reached in ten or
twelve days. q second station will be
opened, and drift run to the vein
and the ledge cross-cut. The ore
body in the north drift, on the 100
foot level, is following the foot-wall,
and looks we'll"
The Winnemucca "Silver State :"
says that regular bonanza has been
discovered In the south end of the
ridge which is capped by Star Peak,
about four miles from the Humboldt
House. The ledge is over twelve
feet wide and the ore is argentifer-
Gus galena and chloride of silver.
The former carries twenty per cent
lead, and assays $50 in silver per
ton and the latter runs away up in
hundreds. The owner, r. M. How
land, has let contract to sink shaft
on the ledge 100 feet and run drift
of fifty feet. This new find Is called
the Argenta.
The Reese River Reveille Of Janu
ary 10Th says: "On Monday or Tues
day next, the stock of the Manhattan
Silver Mining Company Of this city
will be placed on the list Of stocks
called in tho San Francisco Stock
and Exchange Board. The capital
stock Of this company amounts to
100000, divided into $4,000 shares
at so each, at which figures upwards
Of 800 shares have been ordered in
this town alone"
A correspondent, writing from Cor
nucopis, gives this intelligence: /:
"The Leopard Mining Company COM
menced shipping bullion from their
new mill on October 14th, 1875, with
bar number lOs. Total shipment in
October, t53,S72 81. Total ship
ment in November. $sO,09e 80. To-
tai for December, t9S,5l0 SO. With
bar, $222. Total to December 3ist,
$s26,S79 so.
The recent success Of the Eber-
hardt and Aurora mines, White Pine
District has greatly encouraged Eng.
iish investors in American mines.
At the last meeting of the Company
In London, held December 18th, it
was announced that the profits during
the last half year was e432, 1000, and
after paying the debts the Company
had e23,000 to divide. Il.
The mica ledges in Weiser county,
Idaho, have been bonded by their
owners to San Francisco company.
hhodes q Fry have bonded their two
ior $4,000; John West one claim,
$4,000: Reuben Peyton, one claim,
10000; ]. o. Fox, one claim,
SlS,oo0. The company have en-
Pioyed Rhodes & Fry to develop
this mica ledge.
colorado mines have been yielding
gold and silver ore ut the rate Of
$lo,OOO,O~0 per annum, and mining
mas not yet fairly commenced.
II 10 rumored that L. the lower
levels of the famous Emma mine