The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-04-04

: OUR PROPERTY consists of six
; claims, covering an area Of SEVENTY
TWO ACRES. N the Keystone mining
district, located in Taos county. New
7 Mexico. said county being the second
county of the northeast corner of the
territory, bounded north by the Colorado
Estate line. This district, which is also
known as the La Belle Gold Fields, "
offers the very best facilities for success
full mining. It's mineral wealth IS fabul-
Gus. The ore found az low depth
(hematiie) is universally free milling
and can be successfully treated at a
very low expense by means Of stamp
mills. 50 that ores assaylng from $500
TO $1,000 can, by good conservative
management. be made to pay big divi-
bends At greater depth the richest
sylvanite ore a5ounds in large quantities.
Plenty of timber, an abundant water
supply from numerous mountain
streams. that can easily be utilized as
water power. and a salubrious climate,
are advantages that cannot be under
estimated.
VENUS. LORENA. EMMA 4. WILL
son. WICHITA, CORA GIBSON and
MEMPHIS. with more or less develop
ment work on all &c them. sufficiently so
that We are justified in saying: Ours
is not d prospect" Nay, the develop
ment done on each and every one OF
them, the showing made up To date, the
fact that We have opened good veins on
every claim. their proximity 10 other
very valuable properties, encourages us
In saying that We feel reasonably GER
tain that We can turn every one Of them
into paying mine. Our management is
conservative. None of our officers re-
ceive pay until our business will he on
a paying basis. We viii not incur debts,
and are now sufficiently strong TO cor
tinue doing development work by
mutual aid as we see fl. Our business
viii, OF course. be pat on paying basis
the more speedily the better we SUE
caed n Interesting others II jc.n us
Our company is organized with a CAPT
talization Of .0000G0 shares par value
800 per snare. 10000 shares left in
treasury will be used for development
purposes For further detailed descrip-
ton of property We submit as follows:
In the MIDNIGHT there is now 80
feet Of workings, the shaft IS $50 feet
deep and the vein at bottom of shaft is
from five to ten feet in width, and an
average Of five assays at the bottom Of
shaft assays on 25-fb sampies) gives
the value of the ten feet in width as be-
tween $4,000 and $4,000. There is now
81 the MIDNIGHT workings over $50
10000 worth Of ore in sight. The
NARGIE NJ vein is from 10 10 feet in
width and assays from $500 to $500 in
present workings; the MARGIE NJ. vein
Is opened in the MIDNIGHT workings,
and in three shafts on the MARGIE VI.
ground. and in one shaft on the MASK
ED VENUS ground. and shows a con-
tinuous ore Sbute Of not less than 600
feet in length on vein. and We don't
know how much further. The MID
NIGHT vein is opened also in the
CHARLOTTE lode below Us, and the
fact that both in the CHARLOTTE
workings and in the MIDNIGHT work
ings the direction of the vein in each IS
the same, and both workings being in
line with the strike of the vein as shown
IN both workings. practically proves
that it is the same vein. also the fact
that both workings are in ore. and the
further fact that in the creek channel in
Snyder gulch the flow from the vein is
continuous, would practically prove that
the ore shute on the MIDNIGHT vein
is continuous between those two work.
,rSs. Further, the MIDNIGHT GOLD
MINING co. have called their chemist
md assayer east 10 look after a mill.
From tests made on the MIDNIGHT
mine the MIDNIGHT Will be dividend
payer IN the spring, and as both veins
On the MIDNIGHT property also run
into our property, there IS no reason
why our property cannot be put on the
same basis this coming summer.
The veins opened in the LORENA
ans EMMA A. WILSON discovery
shafts appear 10 run parallel to the
AIARGIE NJ vein, and may prove to be
OF equal value with further develop
1nent work.
"On the WICHITA lode only the
assessment work is done so far. but a
well defined vein is shown carrying low
grade values on the surface. (SS.G0 70
s40o)
On the CORA GIBSON lode shaft is
down 40 feet. with a drift Of 10 feet
along the vein, showing q true fissure
vein in granite; the vein az the bottom
&c shaft is over feet in width, with a
20 inch streak Of solid ore, carrying val
ues from $500 10 $500. This vein has
been gradually increasing in value from
the surface down. and is one OF the few
true fissure veins showing in the dis
trict
The CORA GIBSON vein stands about
perpendicular and shows a true fissurs
vein in granite formation.
The MEMPHIS lode shows a largavein
carrying values from $500 70 $4,000 as
shown by surface assays. On sketch
Showing working on MEMPHIS, show