Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-01-10
IN BONANZA.
Strikes in the Eureka Consolidated
and Z K Mines,
RUMORS CONCERNING TIE JACK.
SON MINE.
Stockholders Jubiinnt- RumOrs.

The presence OF a number of the
mining magnates from San Francisco
in our midst for the past few days has
caused considerable curiosity to be
evinced by all parties. The runners
current for a week past Of extensive
bodies of ore being discovered in three
different mines or Ruby Hill are now
generally conceded to be true, and
those in a position to give accurate in.
formation do not deny but what the
Developments brought to light within
the past few days have been of a ma.
tnre entirely satisfactory to the stock
holders of the mines referred to.
The discovery of a large body Of
high grade ore in the Eureka CONSOLE
dated, and the well sustained raise in
the value of the stock at the rate of
two dollars a day, is the subject of
general congratulation among the citi.
zens of Eureka, who recognize the fact
that it is the herald of better times for
our town. The company has always
dealt justly and literally with its EN-.
p.oyes and the business men, and the
mine itself is identified with our PROS
perity. The discovery of an ore body
on the lower levels, and its contiguity
to the Richmond settles effectually the
problem of permanence to the vein
aud the importance of deep working.
The Base Range has suffered more
from i'll digested theories of scientific
sharps than any mining region, and
like the Comstock we have had to
work out our own salvation. Nature
has done a great deal for us, and pluck
and perseverance a good deal more,
and those who have had the faith to
cast their fortunes with us will reap a
rich reward. Asto the extent or value
IF the discovery time alone can tell.
We do not imagine hat the President
or Superintendent will reveal it; mines
are not managed in that way, but the
most casual observer can note the
signs and draw his W conclusions,
and the community have made up
their minds that there is good grounds
for the belief and rejoice accordingly.
The presence of the President, General
Dodge, and that irrepressible mining
sharp, j. Corrigan, the arrival of ex-
Pres ident Zeile and John w. Shaw,
anu luc Bcbcidt Soou uuuiOt lila per
vades the party is very significant.
Under the Intelligent management of
Superintendent Donnelly the mine will
yet rank as one of the great mining
properties of Nevada.
The X X is also coming in for its
share of attention, showing in return
the largest and finest body of ore ever
discovered in the mine. The latest de-
velopments were made on the fourth
level near the TOP or con of the ore
body. A Wine is being sunk on the
same, and Superintendent Arlington,
writing to the directors in San Fran
cisco, says: II have the greatest faith
in this strike proving a valuable dis
covery." No estimate can be made of
the actual extent of the bodies of ore
discovered, but enough has been as
certained to know that to-day the X
X possesses a body of ore second to
none Of its neighbors.
Reports 81 q similar strike in the
Jack .on are circulated on the street.
No definite information as to the ca
lent OF the reported discoveries, or
Of the character of ore found, Il given.
Those who know content themselves
with looking we'll satisfied and keep
ing scrupulously silent.
As a matter of course, many rumOrS
about the mines nov atioat are "wild,"
but IL Is evident that something OF IN
portance has rranspired of late. A
few shares were sold In last evenings
board at IS so. Future developments
will be a~nxiously watched for.