The Tombstone epitaph., 1882-01-23

nlAOuR luC hhobo anu SuiShCo toWNiu tlC San Pedro. Owners of valuable proper ties are beginning to realize that if they would reap the fortunes of mining they must take the risks, and that they can not dispose of holes in the ground at extra vagant figures. In the light of the devel. opment ot this camp up to the present, this is guarantee of certain coming pro- ducers, for instances are exceeding raie where prospects have not Improved under development. The most important event fthe week was the purchase, on Monday last of the Contact by MT. Geo. Hearst from Messrs King and Clark, who had it under bond from its owners, Mir. Richard Gird and the Schiefelin brothers. The pur- chase of this property is doubly important the entry of one of the shrewdest and most successful mining men of this coast, and the consequent opening up of a new section of the camp. This investment of Mir. Hearst's will have more influence on the capital of San Francisco, that seeks mining for investment, than the bullion record of our camp since it's inception. That Mir. H. has made a good investment is evidenced by an ore dump of some 50 tons of handsome chloride taken out of the prospect shaft that reveals strong ledge widening with depth, until at 6S feet the ledge width IS seven feet.
 The C. H. Bassett.
 Some time since considerable interest was manifested in the C. H. Bassett claim, one of the oldest locations in the district, and very high estimate placed on the value of the property, as evidenced in the press at that time. although it was then but mere prospect. Subsequently the main shaft was sunk to depth of one hundred feet and the fortunate owners seem to now have property rivaling any of the out lying claims. Following down one of the finest foot walls in camp, and the contig- uous clay gouge, several bodies of high grade ore were cut at different depths and the hanging wall found, which requires considerable cross-cutting to reach at present depth, the whole bottom being highly mineralized and indicating the nearness of heavy ore body. Several disinterested parties last spring claimed ability to trace the Contention west vein into the Bassett and were very positive in their assertions The property IS on the belt running to the old Bronkow mine and has every evidence of being true Assure vein.. Assays run from $70 to $4OO. We are pleased to learn that there is a prospect of the Bassett being soon incor. porated and faithfully worked, as it has too much merit to be allowed to remain as it is.
 The Evening Star.
 The property ot this company is situ- ated adjoining the Owls Nest mine on the west, and runs almost due north. The eastern or southeastern end of the claim is covered with rich float rock, and three veins have been discovered within the lim- its of the Evening Star claim, two of which run in northeast and southwest direction. Upon one eff these, near the eastern boun- dary, shaft has been sunk to a depth of 45 feet, showing we'll deined ledge right from the surface, and the other ledge trav. erses the claim from south to north and is 12 feet wide, showing the same mineral as he n.r1,o lasI0 ITnnp fhio IoHna th a present development is being done, and the shaft is today 69 feet deep, sunk all in the ledge, which is getting more compact and more mineralized every foot as the shaft goes down. From the present ap- pearance this bids fair to be as good as its neighbors.
 Tombstone M. and M. Co,
 In the west side shaft the 143 foot level IS now in 12 feet, running north, and the 6S foot level 140 feet. From the meager workings of these prospect drittings about 30 tons of ore is being shipped weekly, averaging from 150 to 19O ounces to the ton. Main shaft, Tough Nut, 300 level east dritt in 120 feet, south drift 2S0 feet Prospt cting drifts In both Tough Nut and Good Enough showing strong ore bodies. Combination shaft ore body strong and rich. Shipping 100 tons daily to mills.
 Grand Central.
 The main shaft has now reached depth of sixty feet below the 500 level, being an advance of 30 feet for the week. StOping is progressing tavorably on the 100, 200 and 300 levels, while on the two lower levels cross cutting from the shaft con- tinues. Usual daily output of 75 tons to the mill
 WorOnOco (san Dicgo) Mining Co.
 The ore in the south drift, on the lower level, holds out we'll and the ledge is in creasing in width. Rich carbonates were struck this week in the drift running south from the upraise. The shaft is down 324 feet. The ledge matter is heavily stained and of nature which indicates close prox- imity to an ore body.
 Contention Consolidated.
 No drifting IS being done at present in the Contention, but cross cutting is pro gressing from the lowest levels of the Flora Morri,op to com nact with tha Sll0 and 6(k0