Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1880-09-01

Boom.Msking Devoiopmeot BOT
Yet Made-North End WorkisEs
-Ophir and its Northesst Vein
savage aad Ch0liar -Belchsr sus'
pensioa-Eto.
The stock market shows some indiea'
tons OF strength. but 1t Is evident thai
no boom has yet been insuguratsd'
Burdsnsoms assessments have been laid
on the stockholders Of certain mines
aud have had . tendency to discourage
investments. especially in the East.
Then the season Is not quite fai
enough advanced. The heavy wheat
crop Of California has not yet put much
money into the hands OF the people oil
that State, and capital Is required to
move the rich production. Moreover
the necessary development 10 not ye'
made at the minss. and without that the
market may seesaw somewhat, but IL
not likely to make q strong and perma'
nent advance.
The mining situation has in some re-
spects changed at the north end where
Developments are soonest expected
Sierra Nevada is following ore south from
crosscut No. 2. $500 level. to crosscu'
No. /. where Q feet OF ore were found
The north drift. $500 level, is getting
promising quartz already.
Union is working hard, but has mol
yet reached the prize its shareholders
believe within its grasp. In the mean
time winze No. l il sinking through low
grade ore for the 5000 level. and the
shaft, when some few things are fin
ished, will bs sunk to that level. also
aud then the two workings will DO con
nected.
The heavy vein material which hal
been so promising in ophir has beer
lost sight OF OF late, but 1t is there al
the same and q drift on the $500 level ii
following its n~orthessterly trend. This
would carry the vein, should that TREND
hold. fully COO feet east Of the Unior
shaft, and doubtless when time permits
and opportunity presents a drift will b
run in that direction in search OF it.
Savage has closed its second bulkheat
and Chollsr is preparing to resume es'
plorations.
The necessity which exists for Bslch'
er's suspension Of operations on the
5000 level just at this time. when th'
benefits Of connection on the 5000 lsve
with Crown Point and necessary venti
lation have been secured is q little dis
couragins; but the delay OF q month
will quickly pass and then the mine viii
DO in condition to mako up for losI
time.
Farther down the lode things are
practically unchanged; yet Alta and
Benton are getting nearly ready for bus
mess.
Below will be found authentic and
reliable reports Of the mines. showing
the situation in each up TO tho hour oI
going to press;
Sierra Nevada.
The north drift on the $500 level now
has its face So feet from the station. anc
in strinsers Of quartz which promise
well. East crosscut. 24O0 level. ll0C
feet north OF the incline is in today a.
feet, and without particular change,
The south drift on the $500 level, &c
connect crosscu,s Nos. 2 and l, is in q
feet and still in ore. The incline raist
from the $500 level is up 55 feet. The
raise in the ore vein from this level ha:
been discontinued. to work in the drill,
south toward No. l crosscut. Repair
ing the engine-will have 1t done in Q
day or two.
Ophir.
On the $500 level the diamond drill
was sent east in the joint Mexican cross
cut in search OF water and found 1t In
abundance. The northeast drift on this
level is advancing at the rate Of five fee,
per day toward the joint Mexican cross
cut, which il far enough east to admit
OF connection with II and thus give ven
tilation around the square formed by
that crosscut. the drift, the main drift
east from the incline and the main lat
sral drift north. This northeast drift is
following the vein cut by the main DRIFT
east and il in heavy vein material. Fol
workings joint with California see report
Of that mine.
Union Consolidated.
Crosscuts Nos. l and 2 east, 25OC
level. are making usual progress and are
a. yet without change Of material. The
south drift from the shaft is advancing
rapidly to meet that running north from
the Ophir incline. each making abou;
feet per day. These drifts do not run
squarely through the mine. hence theii
faces are still some 800 feet apart. Both
are in good vein material. Winze No,
l is sinking for the 1900 level. and is IN
fus vein matter; depth. 3s feet below
the $500 level. In wiuze No. 9. a sumI
below the $500 level is making.
Consolidated Virginia.
Crosscut No. /. east on the 1000 level
will this week reach the point from