Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-11-22

Mere Cheerful Outlook - ore
Boaauzas. Production md Pros
poets How rhiug~ are Looking
all AIsn. the Line To-day.
Money natter. appear to be easier or
confidence Is returning; aiany rate stocks
have touched bottom and are now showing
a good. healthy rise. II Is simply the Just
reaction from uniu.tly low prices. Ihe
severe depression the market Aas lus'
passed through was due more to political or
other influence. than anything justified by
the actual mining situation. his true 'ha'
the Yellow JACKIE, aud Imperial prospects
for bonanas have no, come up to what was
expected. In fact have not amounted to
ANYTHING Of much importance as yet. and
the Crown Point has suspended ore pro-
altogether, yet As an Offset to that
m. .Ju,tice comes to the front ~ a new
BONANZA. richly paying. and promising
dividends in the near future. Perhaps ths
Justice bonanza may yet provo 10 be rs
extensive a. that VI tho north end Of the
lode. Some of the rich ore from II COM
parcs even now with tho richest found
In the California and Consolidated
Virginia. The mine Is in good hands
and is being worked in tho very
best possible manner. IL needs no
I: the Justice shows for itself. II
has more ore now in sight than 1t can find
mills to crush it. Next month over one
hundred stamps will DO at work on ore
from this mine. the bullion product will
be largely increased. and holders Of the
stock will 10 happy.
Below WI give our regular weekly sum-
mary Of the latest AMI most correct mining
information, derived from official and
authentic sources. showing tho situation
VI each mine to-day up To the time Of
to press:
Niagara.
Sinking the main incline Is making
heaiway. Notwithstanding the
fact that tho rock in the bottom is some
hard. A double track ha. been COM
pletcd in the main shaft. so that double
the amount ~ rock can 10 hoistei. or the
extraction of ore commenced whensver
the company 20 desire. The mine was
In 81 good q condition for favorable
work a. ID Il now. Tho main incline il
down n little over 800 feet. aud ID is the
intention to soon commence some cross
that is. liable To make some lively
Developments.
Ophir.
Recent opening. made in the ore Slopes
tho 1900 and iCO0-foot levels have
shown an improvement in both the quality
and quantity Of ore. This steady im-
provement indicator. that tho river mills
will be enabled Ia start into full operation
again In a very short time. Sinking the
incline Is making excellent progress.
the rock blasting out finely. The pros
drifts on the 1900. 1900 and 100
foot levels are being pushed vigorously
at all points. No changes of I'M
p~ortanes in any Of tho drifts.
II
Tho pumps are kept running at their
iull capacities. and at tho rate Of eight
strokes per minute. One or two short
lelays have occurred during the week.
by a disarrangsment Of valves
Turing which time the water would again
commence to rise. The general progress,
has been steady, and to-day the
Is reduced 10 a few feet below the
level. As soo ~ the head or
pressure 81 water Is reduced the Roadway
must necessarily be much better.
North Carson
Shaft 100 feet deep. Material at bottom
,oryhyry with s,rsaks and feeders Of good
,ulphurct ore coming In and bsing con-
inually cut througha as sinking progresses.
Considerable water 10 met with, but not
,nough Ia interfere with work much
more could b. easily handled by the ell
machinery. At the 5OO-foot level
will b. commenced to opon and
the mine at that depth. when
good results ara confidently anticipated.
IiucE~y~.
The work In ,his mine 10 confined for
L. On J,i,i,g The north drift ON
a.a,",r-, mi. Al, 4. t-oi,o~i,,
HE S'o-ioo' '0'ei' ~
the ore vein, and IL aiiording eonsideraoic
cool orci Ia its progress. IL Is BEING run 10
tho northward to tap a chimney VI rich ore
Ia exist in that portion OF the mine
near the surface. II Is expected that this
supply Of ore will I've amply sufficient by
the ist OF December to again start the
Hope niii INTO 0p''i"O"'
S"ii'"".
The north drift ON the 2OOO-foot level Is
l..;p, pn,hel stralily ahead with much |
80, ..,i..u... 400 III.
m"te ia'o'A"'' "'
north drift on the i'OO-ioot level follow
lns wv -, nr,,r... IN. nro.-
drifts ON the 1000. and the east
from tho north drift on the 100
loot level are all prosr..sns as usuai
~
Total length OF tunnel ii'o'1 Zee. faes
OF header in tough ~porphyry with occa-
.ion,i .,,.,ls az vhi,e ouartz and Thin |
- LII .,.iIo,, ~ Az. ma
ehi,,Yy Al shaft No. 2 a few DAYS ago in- |
tsrrupted operations a little. but not to
Any serious extent. Everything q. COINS