Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-12-04

to Igesume shaking oon Pro
grrss sf work Ga the Different
Macs 60 Date.
The fluctuations In stocks have been
light during the past week. when com
pared With those Of the two prec-dln.
on,s. The bears appear to have. in u
great measure. exhausted themselves aud
are now lying of recuperaiing. aud
waiting for another chance to sweep
away weak margins and make another
slaughter. There does not appear to be
bu, very little confidence in the stability
OF the market. although tho machinery
Of many Of the leading mines could
hardly be bought for what the stock OF
the mines is now offered.
At the Sierra Nevada mine an entire
change OF management has taken place.
Mr.. Bonnemort. the able superintendent
for several years past. has been removed.
and \. q. Mckenzie. for years past
foreman at the @. X G. shaft and the
Ophir mine. has been elected to succeed
him. This change was owing 10 the
control having passed into the hands OF
the bonanza firm. Mr.. Mckenzie Is one
Of the best miners on the lode, and will
leave nothing undone to prove the
worth OF the mine in the shortest space
Of time possible.
4, is the universal opinion Of all the
experts aud judges who have seen the
Sierra Nevada ore development on the
2iOO aud 200 levels, that the actual ore
development. without reference 10 its
future prospective value, is actually
worth morc than the stock is selling for
to-day. and still the stock weakens and
dspreciatss.
The west crosscut on tho 2200 level
has been stopped. the face still in low
grade orc mixed with broken porphyry.
There Is no appearance as yet OF any
west wall whatever. The drift north
from the 22O0 station has penetrated 10
feet Of rich ore. the face still being ore Of
the same character last evening. 1t is the
opinion. however. OF the best judges
that Il will soon pass through the ore.
and in a short distance further into
the same character OF voin p~orphyry
found in the west crosscut 60 feet
further south. Sinking the main
incline has been resumed to open up
and prospect the 23OO level.
At the ophir stopping ore from the
Hardy vein ON the 1900 level has been
commenced. At that point the vein is
only about D OF 10 feet in width. but
the ore is very rich, the car sau-
pies running $500 aud more to the
ton. Another opening in the vein Is be-
ing made ON the 1000 level where a DRIFT
has been started northward, the ear
samples Of which assay 5000 to ssiG per
ton. Both the face OF the north DRIFT on
ths 2OOO level. aud the bottom OF the
main incline show a steady and fayora-
bic soitening Of tho vein matter that
leads to the belief that the hard block o
porphyry lying To the eastward Of the
incline il about to give way to u healthy
ore bearing vein formation.
On the 2iOO level Of the Savage the
cas-, and south drifts from the bottom Of
the north WINE, both show m improve.
ment that leads to the belief that some.
thing much better may be found soon.
II will be but a very short time before
the pumping machinery Of the Combi-
nation shaft will DO in complete running
order and sinking below the 225O station
resumed.
In the Alta. Bolcher. oysrman. I'M
perial and other mines, work is pro-
crossing as usual. without any change
Of value.
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;
Ophir.
Stopping ore has been commenced on
the 1900 level. at which point the open
ing in the Hardy vein shows finely. the
average assay OF car samples ranging
from $500 to $3.50 per ton. On the
1000 level a drift has been started on
the ore vein. the car samples from which
assay 5000 to S2J0 per ton. The main
north drift, on the 1000 level. Is steadily
advancing. the face In soft. broken-up
| porphyry and vein matter OF n kind and
favorable character. Ii Is now in 400
feet. This DRIFT is very large and Is
being run direct for the North Consoli-
| dated Virginia shaft. The northeast
drift on the 2lO0 level Is making good
progress. the face in birdssye porphyry.
Sinkin. the main incline is making good
progress. the bottom in a very soft,
favorable formation. carrying small
c-rosscourses Of clay and quartz. 1t is
now down tw~enty-three feet below the
22O0 station. As soon as a suthcient
depth is attained for a stump, opening
the 22O0 station will be commenced.
The large pumps are all in the best pos.
sible working order down to the 2lOO
level, and by using care ii is not at all
likely that water enough will DO found
at any point on the lower levels to give
any trouble whatever.
CniImraia-
Daily yield. $50 tons OF ore. keeping
the California mill running at its full
working capacity. Sinking the G. X q.
shaft has been temporarily suspended
pending the putting in OF the 2l5o sta