Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1886-03-25
EUREKA MINING DISTRICT.

A Glance at a Few OF Els IInrnedt'
are PrOspects-What Some of she
Companies are Doing m what
They and Others Propose Doing
this Summer.
Eureka is certainly passing through O
very quiet period, but there are unmis'
taxable evidences of q prosperous era dawn
ing shortly ON the mining situation Of the
district. We do not say this way in order 20
show a "stiff upper lip" or to inspire un,
warranted expectations. This feeling OF
h%opefulness is shared by all Of our people
who are in any way posted on what 10 go
ing on in connection with the mining prop
| critics OF the district. That q compromise
OF the differences existing between the AL
bion and Richmond Companies will shortly
be consummated is highly probable. Such
an understanding would no doubt result
In the Richmond Company entering into
full ownership of the Albion mining
ground, which embraces five or six origi-
nal claims. This in connection with The
large area OF ground now owned by the
Richmond would give the company an i'm
mense piece Of mining property in the
richest section Of the entire district. The
greater portion of the Albion ground is
what might be termed virgin" and once
acquired by the Richmond it is probable the
operations of the company during the
coming Summer will equal il not exceed
any ever carried on by them. The ground
now owned by them ia by no means wholly
prospected above the 1000-foot or water
level, and numerous "pitches" are yield
ing large quantities of ore Of good grade.
The Albion property has. practically, been
idle since the commencement OF litigation
with the Richmond several years 90.
Stockholders in the Eureka Con. mine
have good reasons for feeling hopeful.
Several OF the pitches in the property are
producing good ore in large quantities,
and q station is about completed on the
fourth level to accommodate Q diamond
drill, which will shortly be utilized to
prospect . large block Of untouched ground
in that locality. Then, too, the company
are having constructed new machinery,
to be used for draining the mine Of the
water in the lower levels and for hosting
purposes. This machinery, according to
the agreement with the Union Iron Works
In San Francisco as we understand il, is
to be finished by the 18th OF May. When
once on the ground and in working order
Ii will be used for the ultimate purpose of
sinking the main shaft of the mine and
prospecting the property at depth. Su-
perintendent Hank Donnelly, one of the
most practical and conservative mining
men on the Coast, has. We understand,
~unbounded faith in the permsnency of
the mineral wealth of the property below
the water levels.
1t is also highly probable that the jack
son mine that adjoins the Eureka Con. on
the south will be worked vigorously dur
ing the coming year. During the past
year and a half it has been worked by less
than a dozen tributers. In that time four
ten cent dividends have been paid the stock
holders, and the company, we are told, have
enough coin on hand to pay another like
"divy." Most OF the ore produced is rich
in gold. AS yet the upper-that is above
water-levels are not more than half pros
pected. The property includes half q
dozen original claims.
The Phenix mine sdjoins the Jackson
and also the Eureka Con. II is worked
on q decidedly limited scale. and, as q con-
sequence. is not making the showing that
it should. The few tributers working in
il make an occasional shipment OF ore to
the two reduction works In town. Like
many other corporations represented in
the district the Phenix Ia probably waiting
to see what some OF its n%eighbors are going
to do.
On Prospect Mountain are many prop
critics that will be actively worked, among
which will be the Lord Byron, Home
Ticket. Dunderberg. Lizzie L. Silver Con-
nor and q dozen or fifteen equally as good.
Work is being carried on now in many Of
them, but in most cases ID is Of Q " dead +"
character.
On Adams Hill the outlook is flsttering.
The Bowman Company continue TO make
occasional shipments Of ore TO the two re-
duction works in town. Last year they
added several claims to their original prop
erty. and now they are negotiating with
Messrs. Chamberlin and Adams, two ex-
Eureksns. for the purchase OF the Rosina
| claim. The work they are doing In their
| property is limited. but 1t bids fair TO
| reach large proportions during the COM
ing Summer. The Silver Lick Company
is moi doing much now, but are said to
have q more favorable opinion than ever OF
their properties. The same can be said OF
a dozen other m~anipulators in that section.
There is one good thing that Eureka
| District can display, and that is q fiatter-
ing balance sheet Of the yield of her mines.
Just what the figures are we are unable at
this writing to say; but practical men
seeking mining investments, who have ex.
amined these statistics, say that but few
camps on the Pacific Coast can produce a
likewise fattering showing. The SENTINEL
predicts that just as soon as silver ceases
to be threatened by the present Congress
the industry will take on a new life, and
that Eureka District will receive her full
proportion OF attention from level-hesded
mining men seeking legitimate invest
ments.
An Important Chinese Case Dis
posed Of
ESPECIAL TO THE s~ENTINEL.1