Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-05-02
AN IMPORTANT ENTERPRISE.

AN IMPORTANT ENTERPRISE.
We have before alluded to the Pros
pect Mountain Tunnel as one of the
most important enterprises ever inau.
gurated in Eastern Nevada, If not on
the Pacific coast. The tunnel is de-
signed to pierce the very heart of Pros
pect mountain at a depth of about
sixteen hundred feet. The tunnel
starts at the west base of the mountain
and runs nearly due east. It's length,
to reach a point Immediately underline
apex of the mountain, is estim ated at
three thousand feet. A number of
veins, however, will be cut long before
the summit is reached. Along the
western declivity of the mountain a
great many lodes are known to exist,
and it is not unlikely that others,
which do not show an outcrop, will be-
cut. Work in the tunnel has been
steadily prosecuted for some months,
aud the present contractors are said to
be making excellent progress. The
rock has been ~unfavorable, but a
change for the better, we have no
doubt, will soon take place. Within
on hundred feet from the present face'
the Tyndall lode will be tapred, and
thenceforward other lodges will be en-
countered at short intervals straight
ahead to the summit. One authority
estimates fifteen well-defined veins in
direct line of the tunnel. Some of
these are owned by other parties, but
the tunnel location cover a vast area
of mineral bearing territory, the right
to which is undisputed. There is some
talk, on the part Of those directly in
terested, of a grand consolidation of all
the interests and claims pertaining
to that particular portion of the
mountain, and there is hardly
q doubt that such an arrangement will
sooner or later be consummated. This
once accomplished, and the Prospect
Mountain tunnel would become one of
the most valuable properties of which
we have any knowledge in this section
of the State. The old mountain has
n ,ver been more than scratched on the
surface, and still it has yielded, in a
small way it is true, a constant stream
of the highest grade ore found any
where in Eureka District. There is
hardly a spot one hundred yards
square on the whole mountain where
ore of good quality does not blossom
to the surface. We all know that ore
is not rained down from above-it
must put out from below. Hence the
conclusion is irresistible that Prospect
Mountain at a proper depth is one vast
storehouse of precious m 5tals. 1t is to
demonstrate this fact that the tunnel
under notice is being run The com
pany Is a local organization,composed
of sixteen gentlemen, residents OF Eu-
reka. 1t is among the possibilities that
Congre ssman Wren and Mr.. Ricord,
Superintendent of the Richmond, both
members of the tunnel company direc-
tory, will, when matters are further
along, make an effort TO place the cen
troll of the property in the hands Of
English capitalists, visiting London
for that purpose. The stockholders in
the tunnel have the most unbounded
faith in the great value of their enter
prise, and whether or not extraneous
aid Is enlisted in the work, they are
firmly resolved to prosecute operations
until the very heart OF the grand old
mountain shall have been penetrated.
THE San Francisco papers announce
that Mark l.. Mcdonald is about to re-
tire from the stock Board, with the
view of entering the list of aspirants
for Sargent's seat in the United States
Senate. If Mark IL as good a hand in
manipulating politics as he has been
in shaping the tone of the Stock Elk
change, he will be a hard horse to
CuTTH Ill Tic bCtiohOAi ioSOs &c
once gets squarely down to the hard
work of the campaign we should not
be at all surprised to hear of him go
ing about the State offering to "short'
all Of his rivals from Siski yon to San
Diego.
THREE Union and two Confederate
officers now residing in Virginia City
have written a joint letter to the Turk
ish Consul at San Francisco, rendering
their services to Turkey during the
impending war. They also offer to
furnish a battalion of 500 or 1000 men,
all of whom shall have seen service, il
Turkey but signifies a willingness to
accept them.
THE Spring Valley Water Company
has paid in cash dividends during the
last ten years over five millions. The