Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1880-06-09
THE COMSTOCK.
Latest Official Mining News.
For tho Week Ending Wednesday,
June Q, 1850.


For tho Week Ending Wednesday,
June Q, 1850.
The General Situation all Along
the Lode roday-Old Bsnaasas
and Prospective View Ones -
South Fad Hopes and Prospects
The sutfo Tuanei-Wby Doa's
the Companies Try Their Old
Upper WorkinEs Agains - Low
Grade ore Better Than Hot
water.
The mining situation shows but little
change worth mentioning since last
weeks report, and the prospects for an
immediate boom In the stock market are
not Hrst.rats. There Il, however, moth
ing to break the Armness Of the market,
but on the contrary the several points
Of mining interest along the Comstock
show reasons for continued oonfdsnce
and encouragement. A good strike. Oh
even q big bonanza, Is liable to Be run
aioul OF at almost any time. and In the
present condition Of the market any
thing in that line would send things
booming forthwith.
A very encouraging new feature CON.
sists in the fact that the Savage mine Is
yielding Q considerable amount OF ore
daily from the old upper workings Of
tho mine. rsopsnsd through the old
Potosi tunnel. which proves to be Of
better quality than anticipated. and Of
unknown extent. It pays we'll for mill.
ing, although not Of high grade. And IL
might pay other companies along the
lode TO follow the example Of the Savage
and take q look through their old upper
workings and see II they have not left
pay ore behind in their ovsrvesning
desire to reach away down into the hot
bowels OF the ledge after what they do
not find.
The old bonanza Of the Consolidated
Virginia and California il not worked
out yet by any means, but continues Its
goodly yield Of remunsrativs ore. paying
all expenses and carrying over q oontin.
usd surplus which might accumulate and
ripen into n dividend or 30 before long.
At the Union shaft the station Ia being
cut out for the $500 level. and . drif,
will soon DO started Tor connection with
the Sierra Nevada. which when com
plstsd will give full opportunity for ore
extraction and development on that
interesting level. This IL the most
important point at the north end Of the
Comstock.
The G. 4 G. shaft IL about to be sunk
deeper for further explorations.
At the south end Of the lode there Ia
nothing exciting in sight. but plenty OF
good prospects. The good prospect
found on the 2760 level Of the Bslchsr
is not exhausted. but gives hope yet.
Work 10 resumed both north and south
on the 5000 level. but work IL impedsd
by the great heat and the heavy flow OF
very hot water.
Alta and New York, as well a. Silver
Hill, show vast amounts Of low grade
ore, with occasional rich strsaks and
punches. which give strong hope OF con.
centrating into q bonanza at some point,
and good. active and effective work Is
being done in them al. with very hope
ful results.
Extra good progress is being made in
both lateral branches Of the Sutro tun.
mel. north and south along the lode, and
the north branch il expected to connect
with the ophir mine inside Of Eve
months.
Below will be found authentic and re-
liable reports Of the mines, showing the
situation Of each up to the hour Of 60.
ing to press
On the 1000 level the joint Ophir east
crosscut is being repaired for the pur.
pose Of making the ophir connection
with the north lateral drift Of the Sutro
tunnel, which will reach this point In
about 5 months II the present rate OF
progress 10 maintained. On the $500
level arc snlarging and timbsripg the
north lateral drift. The joint Ophir
winze has been sunk and timbered Q dis
lance Of 90 feet. On the $500 level the
joint Ophir upraise has been extended
20 feet and the north drift has been ex.
tended 81 feet. The connection will be
made the last Of this week.
Usioa Consolidated.
On the 2400 level No. 2 winze has
been sunk and timbered 10 feet. The
hosting engine at the top Of this winze
10 now up and ready to be put in opera.
ton. On the $500 level the northwest
drift has been extended IA feet and Is
now being timbersd up. The south
drift has been extended 20 feet. Very
little progress has been made In these
drifts on account Of the close timberipg
that IL being done. This timbering II
made necessary on account OF the dan.
ger OF striking water. which would
cause the drifts to ave
Ysllew Jacket.
Tho pumprods are all in and the
placing Of the column 10 nearly som.
plsted. The pumps will be ready to DO
started up In . week from today. On
the 2s28 level the drift to the Crown
Point mine il being rapidly advanced.
being now only about 4S feet from the