Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-08-28
THE pIAMurb DRILL.
It. s..reh,ns ASPIRATIONS ct Oh.
North EndE Experts = weekly
ssastms96-The sierra Nevada
Bsnsn5<G Hope for the Future.
,Eranei.eo ClronieIs. Aua. 2s.

San Francisco Chronicle. Aug. 2S.
For the FIRST time in the history Of
mining on the Comstock the manage.
ment have, In the official letters OF the
Union aud Sierra Nevada mines. report.
ed the use OF the diamond drill and its
results. The letter OF the Union for the
last week says: "We have during the
past week run q drill. hols from the Sier.
ra Nevada incline at their 1900 foot sta
ton, which corresponds with our 2400.
foot level. This hole has been run in q
southwesterly direction into our ground
q distance Of 205 feet, which 10 the full
capacity Of the machine. passing through
good ore, except . distance OF 16 feet at
q point 80 feet in, which gave low assays
and terminated In milling ore." The
Sierra Nevada letter also reports q salts
factory use OF the drill In that mine.
Presumipg that the reports are fair
and truthful, wa desire to commend the
practice. OF giving to the stockholders
such information. The Chronicle has
contsndsd for Il for years In the interest
Of the thousands OF people living In
various parts OF the country who have
invested their savings 10 the mines and
who have o right to know what 10 being
done with their property. They cannot
afford the expense OF o trip to the Com
stock for the purpose Of inspection, nor
the expense Of hiring an expert to In.
spect for them. Besides, experience
has shown that experts are very unre.
liable, either on account OF personal
interest or bad Judgment. The best
guide for the public il q weekly state
ment made by the officers OF the corpor.
alton, who are familiar with the prop.
.sdy. II they make false reports the
fact will soon DO ascertained and their
power for evil'will be destroyed.
It has now been q year since the Sier.
70 Nevada. Union ore body was discov.
cred 80 feet below the 20O0.foot level.
Without waiting for Developments, or
even the use OF tho drill. the public went
crazy over the strike, and the price OF
the stock ran up to S270 per share with.
In q few weeks. We warned the public
that many months would be required to
explore the mine and test Its ores in the
mills-the only true test. Nearly o year
has already been consumed In preparing
the mines for active exploration. The
ores have been tested from the 2200.foot
level-150 feet below tho apex. There
they yielded SOL per ton, aud the vein
has widened from IA feet on the 2lOO.
foot level to az feet On the 2200. foot
level. According to the drill It Is 90
feet wide ON the 2300.foot level-250
feet below the apex. Compared with
other bonanzas, this Is satisfactory, II
the value Of the ore increases also with
the depth. The ore body In California
and Consolidated Virginia extended from
fhe 1900 to the 1900. foot level-7O0 feet
and was widest and richest In the cen.
ter, at the 1560.foot level $50
feet below the apex. or course, no two
ore bodies are alike. but the explorations
on the 2400 level OF the Sierra Ne
vada and the Union ought very soon to
demonstrate whether they are the great
mines the stockholders have 10 long
been dreaming OF.
It Ia O curious fact that the Comstock
vein at the north end seems to have a
new ZONE Of good ore below the 1000
level. For more than o year the Ophir
has been yielding from the deep levels q
better grade OF ore than any obtained
from the mine heretofore, except q small
quantity OF the surface. Tho general
average OF the upper ore bodies was only
O little over $50 per ton. The average
for o year past has exceeded S60--about
the Same grade as that Of the Sierra
Nevada Union ore which comes from
about the Same depth. Such ore ought
to yield q profit Of fully fity per cont. to
the stockholders.
It is possible that mining on the Com.
stock may have q new lease OF life from
these deep workings, giving broad to the
toiling miner for years to come aud still
increasing the circulating medium Of the
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