Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-03-02
MlNINs SUMMARY.
For week Eaala. March .. 1870
Latest Official Mining News

stocks Hnd Minss-A Lively aud
Promising Market Important
improvements in she Miaing
hisuasien-A Good Futare OWt.
look-lfsw rhinEs Look To-Day.
Tho stock market at present Is not
only sti5 and healthy, but keeps looking
that way; and the present improved and
improving state Of the mining situaiiou
assists and backs up very materially this
state OF affairs. Better reports than
ever are coming from all parts Of the
Comstock mineral belt. From the south
the Kcssuth Is looming up with i'm.
proved productive prospects. aud other
mines in the Silver City section are as
serting their rights for meritorious recog-
milton. Belcher shows improvement
both in quantity aud quality Of ore. and
Crown Point is showing better at the
north portion Of the i70O-foot level than
in any OF the levels above. At the 1000.
foot level Of tho Imperial the drift north
from the main southeast drift Is now
and has been for several days skirting
along the west side Of what Mt present
seems TO DO nm important ore develop
ment. II has followed 1t for the last 10
feet, showing lively quartz and low-grade
ore. until now the whole drift is in ore
which assays as high as 500 or more to
the ton. II is about $50 feet from the
Alpha line, but present prospects are that
it will run into the Alpha ground. The
Alpha consists Of 800 feet. 100 shares to
the foot, and $4,000 shares, the which
will account for tho present sensitive
and sudden increase Of Alpha over 1m-
perial. The development. however. Is
a good and highly important one. CAL
iiornia Is increasing her ore and milling
yield. in view OF promised dividends.
Below we give our regular weekly
summary OF the latest and most correct
mining information, derived from Of
fetal and authentic sources, showing
the situation OF each mine to-day up to
the time OF going to press:
Consolidated virEiuia.
Daily yield 100 tons OF ore. The
mills are all steadily running, and not
w%ithstanding the month OF February
fell short OF the usual run two days
time. the yield OF bullion will reach
S2,s 800, 900. and may reach $4,000, 600.
This is tho grandest result yet known
in the history Of mining. the whole inn
mense amount Of ore. 2l.75O tons, hay-
ing been extracted. hauled to tho mills
crushed. the bullion assayed. melted
into bricks and delivered at the minis
ready for coinage in one month. and
that month too. the shortest In the year.
Comment is simply superluous. and
can add nothing to the force
OF the naked facts themselves.
The orc breasts are still showing as
handsomely rs ever. ia fact the mine
throughout never looked better or more
promising for tho future than At the
present. The main east drift on the
i5OO-fcot level, running TO connect with
the C., Il {. shaft. is making steady pro-
rress.l The diamond drills are kept
from 100 TO 200 feet steadily in advance
O! the face Of the drift TO prevent the
tapping Of a flood Of water should u
strong How at any time be encountered.
The new assay oilico is completed and IN
full blast. A test run was made n day
during the week when S2s0,000 worth
Of bullion was melted. ~assayed, run into
bars, stamped and shipped with the
most perfect sase. This. without press.
Ing matters in the least. would give q
monthly capacity Of $500, 900. and is
without doubt beat arranged aud largest
private assay Office in the world.
ophIr.
Daily yield. 100 tons OF orc, keeping
the Nevada. Empire State and Winfield
mills all busily running mp to their full
working capacity. The yield OF bullion
for February will pay all expenses and
give about $50, 900 to carry over to the
March receipts. The yield Of bullion
for March will show u large increase
over February. on account OF the VIM
field mill not starting up until late In
the month. The ore breasts arc both
looking AMI yielding well. Tho north
prospects, in the cast drift. on the 1000
foot level. are showing moro favorable
as the drift advances toward the east.
The upraise from the l300.foot level to
connect with the east drift ON the ll00-
foot level, IL still disclosing good ore.
The east drift. on the llOO.foot level. is
steadily advancing. the face in low grade
ore. Cleaning out and repairing the
east shaft, below the liGj.foot level. Is
soing steadily ahead. II will not be
long before the shaft will again be in
good working order down to the 100.
foot level.
Ksssutb.
p. II. Scott, the present very efficient
superintendent. has resigned. and Cap
tain Sam Curtis. one OF the most thor.
opgh miners on tho Comstock Lode. has
received the appointment OF Superinten-
dent OF the mine. The appointment Is
certainly one OF the best that could be
made, and with the present flattering
prospects Of the mine. some valuable
developments may well 10 looked for
in the next 30 days. The east cross
drift on the 2O0.foot level is In $50 feet,
still in a fine quality OF quartz and low
grade ore. The main south drift OH the
3JO-foot level is steadily advancing. the
fac G in fine quartz and ore rich in gold.
The flow Of water from this drift is still
quite strong. The main south drift on
the 5OO.foot level is steadily advancing
along the east wall OF the ledge. occa-
sionally cutting some rich strcaks OF
ore, which are apparently but slight
forerunners OF the Developments TO DO
made in a very short tune.
California.
The face Of the north drift, on the
I550.ioot level. is still in very rich ore.
This drift has about $50 feet yet TO run
to reach the ophir line. Tho Wine.
from crosscut No. G. below tho 1900.
foot level, Is down forty feet, tho bot