New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-08

The property Of these three companies j. ~
enormous extent and comprises. not a rev mines
group of mines. but an entire mining as
trict. including all the placers and lodes within
selected locations covering HOOD acres 80 lar
as known. no company or group ~ companies
under ona management has ever owned
property Of equal value and extent.
The main body 81 gold -bearing quartz i~dges
extends Nv elVs miles in one direction. with oth"r
lodges running OF at various angies sI,n cte
main trend some OF them several miles IN length;
The placars cover the greater part Of IN" ll,V'o
acres. and are underlaid with lcdes
The property is located m the eas,ern m
part Of Elko Co. Nevada. severity miles north o;
F,lhO the principal town ii Eastern Nevada. on
the Central Pacific Railroad A fine road OF
smooth surface and moderate grades EXTENDS
from Elko TO the property, and lin" OF stages
makes the route in ten hours. The climate IL
mild and very heaithful, and pla"ers can tie
worked nine months out of the year ana 'he
lOdeS can be worked continuously.
The Gold Creek. Nevada Fla~er). Mining
Comrany IS The owner - O\ FIR llWh AChf.H
Of rich placer ground estimated TO contain oV,r
ONE HUNDRED AND FIFTY MILLION
CUBIC YARDS or GRAVEL. which hundreds
ot parri and slu.' ing tests show 10 run from
o.c ~ 500 per cubic ward in heavy shot gold
The cost OF washing the gold from IN"
gravel Is from f. to So. per cubic yard.
This deposit extends for L. miles along Gold
Creek. Penrod Creek and the Owyh@e River.
with average width u over one mil" AMI Is
one 81 the main sources OF the gold which has
FOR years been taken from .hs sands Of the
snake and Columbia rivers. This Company also
owns all the water in the district. and Is engaetd
IN the construction OF an extensive 9nd ADEQUATE
hydraulic system HAVING ALREADY En-
PENDED OVER SJ0O0p In the construction
Of canals reservoirs. necessary COMPANY huld-
inGs and other developments and valuable addi-
lions to the companies property. IL also owns
los miles OF telephone line
The Gold Creek. Nevada. Consoliddted
Lodcs Company has bcen for some time pas'
quietly acquiring control 81 the lCdes ~ This de
triot. which are the sources % The gold found II
the nlacers above referred to- and Is NOW T1it
OWNER OF OVER ~ PROVEN LODE
CLAIMS. ga h 800 feet in length bv 600 Tot
wide or a total length % OVER I'.On FEtT.
or about II MILES OF GOLD-BEARlNG
VEINS which have been opened AZ many points
by shafts tunnels and drif's ore FROM which
ASSAYS all the way from $40 NJ 10 S2Ol'''n per
ton all % which IS FREE MILLING above the
water-line These veins are perfect contact
veins living between limestone and porphvrv.
The odes Company also has. by contract with
the placer Mining Company. the right 10 mine
all ore which may be discovered underneath the
II 900 acres 81 the Mining Companv's placers.
and arre lodes have ALREADY been discovered
The Gold Creek, Nevada. Tovnsite Com
panv "a the owner 81 1000 lots ~ the townSite
~ Gold Creek The Cold Creek Hotel. the Gold
Creek Once building. the domestic water sup
ply system OF the town. and other improve
rnenta other hotels. stores and Office buildings
have been erected by new settlers.