The Mineral argus., 1884-10-23
Three Mines Sold!
Last week by Messrs Brain
erd, Gardner g. Co. to the
Maginnis Mining Co.
for 100000.
First Bona Eide Sale Worthy OF Mention
and First Big Gun 20 Announce
the Inevitable Boom of
this Camp.
DESCRIPTION OF PROPERTIES.

nOunCed TO our readers the sale OF the
Kentucky Favorite, Key Stone and
Comet mines by Messrs. Brainerd,
Gardner & Co. to the Maginnis Min
ing Co., space forbidding a more ex-
tended notice at the time) fully intend
ing to give particulars and thorough
description this week.
Since the discovery of precious
metals in the Judith mountains, In
1881, though large number of min
ing properties have been discovered |
and more or less developed, this is the
first bona fide sale for goodly sum
that has occurred; and being purchased
by company that, for the past two
years, has owned and operated several
mines and a mill in this district, is IN
dicative of faith in the value of the
properties, and that faith gained by
thorough test OF the ores of the dis
trict by all known methods, milling
particularly.
Throughout the Judith range, run
ming in north-easterly and south
westerly direction, and traceable some
distance into the Snowy range of noun
tains, has been found what may pro-
perly be termed the mother lead of
quartz. Numerous spurs have been
discovered on both sides of the main
vein. but the bulk and wealth of the
deposit of natures precious metals,
for which the heart of mankind long
eth and the mind and body are ever
ready to struggle for, have been found
in this parent vein. Nearly every
mine in the Judith mountains, showing
a superior degree of richness or large
body of ore are on this vein as are the
three now the valued property of the
Maginnis Mining Co.
THE KENTUCKY FAvORITE.
This property is about half of a
mile from the mill of the present
owners. on the mother lead, the North
Star adjoining on the north and Spot
ted Horse on the south, with the Alice
: Nevada, Montana and several othel
valuable properties on the same vail
a south. 1t is a gold bearing mine anC
was discovered in 1881 by Messrs
Snow, Kemper and Erwin, who sunl
shaft IS feet, finding good quart
boulders and best of indications. II
the fall of '82 an interest in the CLAIM
was sold to Messrs. Brainerd, Gardne
& Co., who, in January, '84, purchases
S all interests, when miners were put t.
work sinking new shaft about 81
feet from discovery, which followet
ore from the surface to a depth of 2
: feet. A tunnel was then run IS fee
tapping bottom of shaft, and continue
40 feet beyond in ore. AT this poin
three cross cuts were run finding tn
= vein to vary in width from six t
> twenty feet At the extreme end
tunnel a shaft has been sunk 50 fee
from first level, where a body of yer
r rich, gold bearing quartz is exposed
fully ten feet wide, lying between POI
phyry and lime walls, in which tre
gold can be seen with the naked eye
aE The cost of development thus far WI
not exceed $4,000, while the dunn
a. averaging as it does, from $50 to $25
- per ton. (the latter from the lowe
= leveD shows $4,000 worth OF ore an
& $4,000 in sight in the mine. Ih
Z richest placer diggings in this distnC
are in Maiden gulch, at the base
the mountain in which this mine
r. located.
The Botkin and Maginnis, bett'
" known as the
KEY STONE AND COMET,
80, the same vein with the abOv