New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-01-21

February with the results Of thls Investigation BIS repor
win be exhaustive sud accompanied BY elaborate maps bon
surface snd underground map Of Tie surrounding caim
and geological sketch Of the district win also accompany tn
report
month yet eepse before this report reaches the
East aud as considerable viii be necessary TO prepare the
maps Us likely that be given TO the public before
the annual meeting Of the stockholders OF the company Inc
fiscal year closing on the Slst Of March
short preliminary report made by Mr. Church was sub
mted 70 Of Directors their meeting on the l2tn
ns az which meeting tho Bo ard acting upon the reports o.
the Visiting Committee and the Mining Engineer instructed
the Executive Committee 20 increase the milling facnes o.
the company per cent making tho number Of stamps 40
instead Of 80 running This viii be done without in
terng with the Of tho regular monthly dividend
The yield of bullion for last month Was Sl0S8a3 III
and expected that this months yield win reach $4,000
with aregulary increasing yield until the whole additions
contemplated shall be place This viii produce sinking
fund addition to paying tho monthly dividend Of $4,000
which in fsw months Will pay for I'll the mills, hosting
and other improvements to increase the
monthly output OF bullion TO s5OOOO after which the wnoe
profits Of month may added the dvdeu d.
The five additional STAMPS for the Grid Mil expected to
be In place by the LIST Of Ft This s ten stamp
water power mil bya Turbine Wheel which tits esti
mated VIII carry the whole fifteen stamps with attendant
machinery for eight months In the year. which renders the
water exceedingly vusbe source OF power as web as
for milling purposes. The mill viii. however now De sup
piled with engine and boilers to be used OF accident
the company having sustained very considerable loss IN
July last bv the breaking from freshet
From Professor Churcs preliminary report upon tho
erty belonging the Tombstone NH and Mining Company
make the following extracts
have very high opinion OF your mines The ore occurs
ina lying between limestone strata II
brought dissolved in and rose from great depth
The whole auted and shows dykes Of vol
canc rock Iii ideal situation for the deposition OF ore
and gives every that be drawn om such cir
oumstances that expect permanent and valuable
mines
The ore is remarkable being free milling lead It
contains 10 per OF lead but most Of the
silver the form Of the chloride horn silver 1t mills
easily and the bullion OF high grade The now yields
large profit but months the rats Of profit will be in
creased In consequence OF the completion Of preparations
which in progress
The mining property owned by the company consists
nine CLAIMS embracing nearly $50 Two OF the
claims being worked. although others have been pros
peced sOfar ascertain the existence OF exceedingly
largo and rich On the fully developed
claims the ToUghnut aud GoOdcDOugh" there are In 70
atty four distinct moes all active operation and Yielding
nearly hundred Of per day They Lie side de
with full length Of 1900 feet and west Their present
daily yield Is excess OF the capacity Of the Mills and ore Is
accommodating both the mines and mills The mines
easily keepuD this yield or increase desirable which will
be the hostng engine Is in place. They
have already produced about eleven hundred thousand dollars
In bullion.
Tho two mines now in operation on Toughnut
worked from the shaft and the northwest shaft The
shaft connected with those The eastern
end Of GOOdenouRh" and ike them on VEINS that
nearly east and while the vertical vein which
ther workings nearly north and south This
connecting vein forms channel which connecting drifts
great distances The main levels Of this
shaft depths Of ll3 feet and 100 feet connected with
levels 81 feet $50 feet and $50 feet depth large
body has been opened this mine reaching from 100 to 100
feet below the surface bringing within actual
$500 ore with double within easy
reach in its branches The Toughnut Northwest Mine"
contained tho largest single OF worked these
claims 1t $50 feet long and for half its length
- 80 high from TO l5 feet thick There
are yet from 1000 TO 5000 tons TO be taken from its was
body Just been found this voiu reaching from
depth Of 100 feet about PIG feet from the surface
winze sunk foot wall but cutting has
yet been commenced cannot theretc. give further
details but the prospect exceedingly good one The ore
Of excellent quality and tho position OF the body leads
think that you will have difficulty finding
It, but VIII be able maintain develop
meht ia this mine.
Another discovery made this fall is body Of lying
the limestone tho body having been found In volcanic
rock. The deposit, by narrow seam
OF ore II Irregular In shape. yields good and there
for thinking thar IL Is but leader larger body
1t appears be connected with erupve dyke which
the Toughnut claim, and this connection IL
great importance It sleadng to the exploration Of about
Goo feet Of middle ground hitherto unexploed which lies
tween the Main and Northwest Works
The G10dcnough mine al tho eastern end Shaft con.
distinct parallel VEINS all of them valuable
gehr aggregate Is feet thickness Of and the
shown By the drifts than 10 feet long By 100
feet broad.
It has a 40foot and 9Ofoot level and from tho first
named In for distance whichts
above 23C When the 9ooot level is fully completed
which be done within two months It viii place 10000
tons OF oro sight The is already al.
vanced enough 10 show about 10000 tons The
completion Of TINS drift connection with the
new shaft win considerably reduce the expense extraction
release large amount Of the 4Oioot level
which could easily taken out before On the western
end Goodeuough. shaft No has been worked but
short time Is yielding literally VI that assays
500 per The depth only 40 feet but the other
10 works which have described you have about 20 600
upon with 10000 10000 tons that the completion OF
unfinished will develop.
From the condition OF the Mines and after careful consid
Grafton all possibilities mines de-
scribei relied upon 5000 without ex
eg vertical depth Of $50 feet from tho The
present depth Is shout 8 follows;
Goodenough, No 2, east, 1870 feet.
GOoGenongh No O, west 40 feet.
Northwest shaft, 226 feet
Main shaft. l9U feet
~ stamp and lOsamp mill compose the company's
WORKING ia OF the 20 stamps One.ha dry
giving IN all 10 dry and 20 wet stamps.
The mills weibut. run at good speed and work mp
maximum quantity OF ore
Some additions necessary In order bring their
pacity up 10 that OF the mnes
sPAULDNO GOLD AND sILyER MINING COMPANY,
BoDIE CALIFORNIA. !
A n ASSESSMENT of 10 cent per share has
~ been levied by the directors stock iB this company
payable the office Of the company IN san Francisco CAL
delinquent advertised for sale at auction NJ K SmOns