Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1876-03-23

A DISTINGUISHED VIsIToR.-Yesterday
we were gratifsd by call from Mr..
Godbs OF Salt Lake, who is visiting
Phoebe for the purpose of examining the
Ely mine particularly and the District
generally. Mr.. Godbe appeared to be
much pleased with the appearance of the
Ely mine and intimated that he thought
upon proper development it would prove
to be very valuable and remunerative
property. As Mr.. Godbe has much ex-
perience in mines and mining his opinion
is entitled to much weight and carries
with it deserved influence in monetary
circles. It was through his exertions
that the Chicago mine was taken hold of
by London capitalists and is proving to
be very fortunate and paying invest
ment for them. The shares of the Chi
cago mine are now being quoted in the
London share market at high prices and
are considered to be a safe and remuner-
alive investment. It will be fortunate
for Phoebe mining interests if Mr.. Godbe
should induce the investment of foreign
capital, for the development of the
mines of this region. That the latter
will abundantly requits the outlay pru-
IDENTIFY and skillfully applied, the past
history of the mines of this locality fully
and satisfactorily demonstrates. Recent
developments have shown in our judg-
ment conclusively that the extent Of
ground traversed by silver bearing veins
is much more extensive than was for
merly supposed. Even in the flush times
the attention of the prospector was prin-
cipally directed to the immediate neigh
borhood of the Raymond & Ely and
Meadow Valley and from thence trend
depression in mining matters took place,
work gradually ceased beyond the divide
excepting at the Alps. The discovery in
the latter OF large body OF rich ore has
caused much greater activity in the
locality of the Alps, and which in the
| course of the Summer will probably be
greatly increased. On the south-westerly
side of the ridge the discovery of the Ely
| mine gives proof that the metal bearing
veins of this vicinity are more extensive
and greater in number than were here
tofore supposed to exist. Not only that,
but the prospecting of last Summer
showed that directly west there were ex-
cellent prospects to be obtained of silver
bearing veins, from which valuable re-
suits might be obtained. All these facts
we believe afford reasons for we'll
grounded belief that as we'll in the Ray
mond & Ely, Meadow Valley. Phoebe,
American Flag, Alps and other old es-
tablished mines, but in the vicinity of
Phoebe lie immense stores OF the pre-
cious, only requiring the well directed
use OF capital to demonstrate their ex-
istence. Instead of there being but one
vein that will largely reward the invest
ment of capital. we think there are
many. 1t is this belief that causes us to
welcome with much satisfaction the Wis.,
its of those having influence in financial
circles, being quite sure that the more
the metallic resources OF this district are
examined the more satisfactory they will
appear. We trust that the visit OF Mr..
Godbe will be repeated, and that othe,
Influential men will be induced to turn
their attention to field of investment,
which, though it has been much neg.
lected for the last three years, will richly
repay the outlay requisite for develop.
ment.