Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1884-09-17

Interest Felt here I'm the ResuIf
OE IL.

of IL.
TIL annual election of the Eureka Con.
Mining Company comes off on the 10th
proximo, at which a Board OF Directors is
to be selected, We understand that some
San Francisco parties, among them ZONE
OF those who were Directors during the
time when the Con. was Sin bonanza
will make q vigorous effort to secure the
management. The matter is of great in
terest to our people here. In fact. the
importance to this camp of deep mining on
Ruby Hill is regarded as extreme; hence il
ID with anxiety that Eurekans look for
ward to the policy Of the members Of the
new Board, whoever may be elected to
compose it. This interest we selishly
make prominent as local, but it extends
far beyond this community, both into
California and the East, and, to some ex-
tent, perhaps, into the mining markets of
Europe. 1t is not a mere fancy or pure
speculation that leads us to the opinion
that there is great mineral wealth buried
deep under Ruby Hill. Almost without
exception, those who have studied the
ground at the bottom of the LOGAN shaft
think there is a strong probability of
striking good ore in great Quantities at
that depth, and indefinitely lower down,
also. That this is certain, nobody pre-
tends to affirm; but the prospect is 30 en-
couraging that hardly anything nearer
positive assurance could be asked for.
Certainly, the chsnces-and you cannot
eliminate the element of chance from any
mining enterprise-are all in favor Of ex-
ploring the lowest levels of the Eureka
Con. mine. We have not only the opinions
Of many practical miners to this
effect, men who have studied the
ground by working in it for a long
time, but, added to this, we have
the judgment of several of the best %scienti-
fc miners TO the same effect. One eminent
gentleman, who's opinion is esteemed more
highly than almost any one else by the
people of this locality, says that all the
geological conditions prevail at the bot
tom Of the LOGAN shaft that indicates q
mine. He says: II do not know that a
single one of these conditions is wanting"
Now then, this being so, and there being.
also, but little hope Of such developments
as are indispensable to keep up a camp of
this size, near the surface or in the thou
sand and one good, but little, mines in the
district, it is but natural that all persons
interested in the future Of this town and
locality should look forward with solici-
tnde to the election Of Directors. referred
to. next month. The opening up Of the
Eureka Con. on the lower levels would not
only be a great event Of itself, but it would
serve to solve a problem, if it can be called
a problem, on which the future of Eureka
Mining District unquestionably depends,
for though there are still some nice paying
tribute pitches in the upper levels OF the
Eureka Con. and Richmond, these depos-
its do not count in mining on a grand
scale. What q glorious thing it would be
to have Eureka Con-. stock leading on the
board, quoted again, say from $50 to $40 a
share? Everybody would be happy and
Eureka would boom again and more sub
stantially than ever. II the explorations
should prove a bonanza in the LOGAN shaft
this camp would not only be one of the
grandest centers OF mining industries
again, but the permsnency Of mining in this
district would cease to be discussed. There
would be work for many men here and
business for everybody, with money easy,
for an indefinite period Of years. Every
body hurrshs for deep working. Go down
then, Messrs. Directors, whoever you may
be, with the percentage all in your favor
of the most magnificent and gratifying re-
anita all around