Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-04-25
u,xIxo ITEMS.

NL ..
Since our regular weekly summary Of
Thursday some new features have do
ysloped themselves In both the mining
and stock situaiion. which are worthy
Of mention at the present time. The
war among the great stock and financial
giants at the Bay has had the antici.
pated effect In breaking the stock market
most disastrously. Whether bottom 10
touched or not remains to Be seen.
but the chances are that Il II not.
The condition Of the mines. how
ever. has nothing TO do with the depres-
sion In stocks. Everything Is looking
o. we'll As before the break. We give
the following items:
Prsspses.
We have always considered this mine
particularly well named. for from the
very frst Ii has shown rich prospects In
the way OF ore indications and assays.
The old tunnel first run into the upper
portion Of the mine passed through sew
eral small veins OF dscompossd quartz
which invariably assayed rich and con-
stitutsd u most unsrfing indication OF .
large and rich main vein In the depths
below, to which all these must lead and
belong. In all the principal notices Of
the mine, heretofore made by as,
We have made special mention OF
this point, and the result now
bears US out In our representations.
| The diamond drill was brought to bear
in the case. and was driven ~ the depth
Of some 700 feet. passing through q large
and rich vein OF ore. which vas thus
ascertainsd to be 1875 feet In width. and
| giving average assays OF over 500 TO
the ton. Alter passing through into the
next wall the boring was discontinued.
Meanwhile the present well located
new working shaft was started With .
| view TO work the mine TO q great depth.
II consists OF throe compartments. and
| the c~ommodious well constructed build
ings at ita surface are among Tho best on
the great Comstock belt. A neat new
blacksmith shop has also bosn built
within tho past few weeks. The
shat il u little over 900 feet deep. and q
contract Is let to sink II TO tho depth OF
500 feet, when o station will be opened
for n first Lowell or drift west to the ledge.
The Prospect Company are not working
altogether ON q mere prospect, but with
An absolute certainty Of winning, as
they know what il ahead Of them and
are going for II.
The new hoisting machinery Of the
Ward Mining Company has arrived on
the ground. and will BE- speedily placed
in position. ready for use. It ~consists
Of a double donkey hoisting engine.
each ~ irdsr being l0xli inches In size,
aud has n power sufficient to sink the
shait to O depth Of 1000 or 1900 feet.
A tubular boiler. % inches in diameter
anil 10 feet In length. 10 being placed in
position to supply tho necessary steam.
This is u decided improvement ON the
old plan o, erecting small boilers for
such machinery, a. they nearly always
fail to furnish q requisite quantity OF
steam when any considerable depth Ia
attained. II not only furnishes steam
to u the engines. but will AFFORD an
ample supply 10 drive an air compressor
whsnsvrr Il 10 necessary. and can then
10 retained a. one Of q full set whenever
Il shall become necessary to erect more
powerful machinery.
Baitimore and Aserieaa Fiat.
A new station il being opened ut the
la5O-foot level. The finding Of heavy
bodies Of quartz and low grade ore on
the lO50-foot level IL furnishing good
grounds for the belief that something
better will soon DO developed on this
new level.
The Julia shaft has reached = depth
Of 1870 feet. being now the deepest
perpendicular shaft on the Comstock
lode. The face Of the south drift from
| the main southwest drift ON the 1000
foo, level Is in solid quartz Of u very
favorable description.
Imperial.
A large chamber has been eIcavated
in the south drift ON the l700-foot level
for tho purpose OF sinking a winzs to
connect for air purposes with the cross.
cut now being run by the Yellow Jacket
Company through the Confidence
ground.
The north driit on the liOO.foot level
has been again started up. This 10 an
important move. tho company having
between 200 and 400 feet Of ledge in
| that portion Of their mine that has never
yet been prospected.
North Consolidated SirEtsts.
The shaft is down 8G5 feet. almost the
entire bottom being in white quartz
filed with pyritss or bisulphuret OF iron.
The indications Of o reaching the
main ledge are daily strengthening.
Europa.
Work in this mino has been resumed.
The water has been drained from the