Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1880-08-17
ITEMS OF MINING NEWS.

ITEMS OF MINING NEWS.
The July product of the Oneida golG
mine was Sl3,2lS.
The Bodie Miners Union has ovel
1000 in its treasury.
/ In Yankee Blade Canyon, Austin, Ne.
vada. rich chloride strike was made q
few days ago.
The Mount Auburn strike, Nevada
county, is confirmed, and the ledge has
widened to four feet.
In Calaveras both the Mammoth and
the Eureka gravel claims will close opera
lions in about week.
The Amador Canal and Mining Company
of Amador have levied an assessment OF
81 per share, delinquent September 2lst.
The Homer index says some of the
miners there have grown tired of waiting
for mill, and have gone to pounding up
their rock in hand-mortars.
The Plumas Water Company's mine,
Gold Hill, has declared dividend of $40
per share. This is the second this year,
and a third one is expected.
The Climax Mining Company of Colorado
have declared dividend of Soc per share,
amounting to 100000, payable in New
York on the Goth. The previous dividend
was paid May 25th, making the fourth, or
Sl200 600.
Parties have struck rich ledge of quartz
in Niggerville Gulch, Salmon river, Siski-
you, the dirt along which also prospects
rich. The lode is narrow, only about eight
Or nine inches wide, but rich enough to
pay handsomely.
Five oil wells are in operation in Moodys
Gulch, Santa Clara county. One well has
been averaging 20 barrels of oil per day
for some time past. Over $1,000 has
already been expended in purchasing ma.
chinery and prospecting.
1t is said that the only drawback to sue
cessful operations in lnyo county is the
high transportation rates charged on bullion
out and goods and supplies coming in, and
with the extension OF the railroad from
Candelaria through Owens Valley, one of
the most extensive mining countries on the
coast will be opened up.
Parties on Butte Greek who own valua.
Bile claims which cannot be worked by the
Shepard ditch have located new ditch,
commencing about 200 feet below the
Cherokee head dam, running down the
west side of Butte Greek and terminating
at Centerville. The capacity of the ditch
is to be 4, 900 inches aud the new company
have capital of $3.50, 900.
The Gergenson process is to be tested on
large scale in FL Dorado county. 1t is
known as the steam oxydized and amalga-
mating plan. Three men have erected
works, consisting of furnace and Pacific
grinders, by which eight to twelve tons of
ore per day can be worked, and they claim
to be able to extract 80 per cent. The
wosks are located on Big Canyon, near the
True mine.
The New York stockholders in the Gale.
donia mine at Black Hills are dissatisfied
with the way that mine has turned. They
have paid $3.50, 900 in assessments, and the
promised dividends have not been realized.
On the lst May the Indebtedness was
S62, 500 and the expenses for that month
were 200, and for June $4,000. The
amount of bullion produced in May and
June was about $50. 900, and the indebted.
ness on the LIST July was $50, 900. The
now being collected will clear
up that debt.
Grizzly Flat, Ell Dorado county, is ex-
cited over what is believed to be a man.
moth silver ledge. E. F. Russell, who has
spent great deal of time among the silver
mines of Mexico recently found some rock
which induced him to make further exp!o- |
rations. The result was the discovery of
a ledge lying east of the Mount Pleasant
and Eagle, and which has been traced sew
eral miles. In many places it is believed |
to be nearly 100 feet in width. A test In
a blacksmith's forge indicated large per
cent. of silver.
The Spenceryille Copper Mining Compa-
ny's works were sunk and consumed by |
fire on Wednesday. The Nevada Tran
script says: The veinAof copper ore in the |
mine is very wide, and the owners have
been breasting it out its whole width. On |
the weight of the ground and |
the hosting works caused the supports to
give way, and the building and machinery,
together with two men, sank down a dis |
lance of twenty five feet. Directly after.
wards the works took fire, and in five |
minutes they were in mass of flames.
The men escaped through the air shalt n
A new road is to be constructed in Mar
iposa county to open up an interesting
section. The Mariposa Gazette says: One |
of the most important sections of country
equal wealth in mining to that /
of any other in the country, lying as it !
were within an hours ride from the town |
Of Mariposa, is that of Whitlocks, Sher-
locks, Colorado, Sections, Buffalo Gulch, /
Bear creek and all that section of country |
north of the watershed dividing Wing |
locks and Sherlocks from Mariposa creek,
which covers an area of country at least |
ten miles square. This is literally big |
mining claim of placer and quartz, COM |
untouched, unworked and lunde- |
veloped, although sufficient prospecting
has been done in limited manner to prove,
aside from placer mines which have in for
mer days yielded a vast amount of gold,
that valuable quartz mines exist in that |
section, which would, if attention of cap |
ital and labor could be attracted in that |
direction, prove one of the most important |
mining localities in the county. Many |
veins have been worked more or less at an
early period sufficient to show their value, |
and are still held by the respective owners
till such time arrives when capital seeks
investment in gold bearing quartz veins
that will be remunerative to the investors
and owners. The chief cause to be as
signed for the obscurity of this district of
mining country occurs from the fact that
it is and has been almost inaccessible to
reach except on horseback and by trail.