The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-01-15
DR.. W. j. Nelson, of Boston, Is the
Purchaser.
CONSIDERATION, 100000
G. CAMPBELL, BEN JOHN
SON AND R. C. LUND, SELLERS.
Property Consists of Twenty-four
Fine Gold Claims In Eagle Valley
Will Build a Mill and All Work
Is to Be Rushed

A deal of great Importance in the
mining world was contaminated last
evening, when DR.. w. ]. Nelson of Bos-
ton purchased from Messrs. Ben john
son, Robert c. Lund and Allen G.
Campbell, for a consideration of $780,
600, a group of "a claims in Eagle VAL
ley mining district, Nevada The prop
erty is one of the largest and most
promising gold propositions in the
| United States. The ground is situated
about seven and half miles southwest
of Stateline district, and adjoins the
Charley Ross group, comprising 16
claims, the control of which was Sc
cured the middle of November last by
DR.. Nelson from Dan Mcleod and ].
V Lane. A large sum of money passed
between DR.. Nelson and Messrs. John
son, Lund and Campbell, but just how
much and the definite terms of the
sale, the parties in interest declined to
discuss last evening. Even Mr.. Nc
Leod and Mr.. B. S. .Kimball were I'M
willing to state the terms, but both
vouched for the facts given. The latter
two helped consummate the deal
Already several thousand dollars
have been expended on the group of "A
claims in the way of opening up the
ore bodies, erecting shaft houses, a
boarding house and making other inn
provements on the surface, which is
thickly timbered. In the opinion of
competent mining men who have ex-
amined the properties, an expenditure
of 100000 will make them rank among
the most valuable and productive of
Nevada's gold bonanzas
A MILL TO BE BUILT.
A sawmir Will be erected at once
a nd lc foe I, l.
ed, ten-stamp mill, with capacity for
ten stamps in addition, will be built
The ore in sight is of such richness
and sufficient in quantity to warrant
the speedy erection of a milling plant
to treat the gold-bearing rock.
DR.. Nelson is quoted as saying that
in all his 20 years experience in gold
mining enterprises in Canada and the
United States he has never seen such |
a magnificent showing as is revealed
in the Charley Ross group and in the !
ground adjoining.
RICH DEVELOPMENTS.
The formation. is porphyry and por-
phyrytic granite. Some of the more |
important developments show as fol- |
lows:
On the Charley Ross claim there is |
a. shaft $50 feet deep, a drift of 40 feet |
and a cross-cut of So AT last accounts !
neither the foot nor the hanging wall |
had been encountered. Out of ten sam
pies taken from the first Is feet of the |
cross-cut at the time of purchase, a
value of Is ounces gold per ton was
shown, and while the balance of the 50
feet has not been sampled, it shows
large paintings, with six inches of ore
running up into the thousands. This
rich streak is a silvanite ore
The Buck has a breast of seven feet
of ore averaging SIC in gold at a depth
of 20 feet
The Italian, of the newly-acquired
group. has 30-foot shaft and a cross
cut of the same length. The cross-cut
is all in ore, averaging s14. 1t is free
gold milling in character.
The Red Eagle, next TO the Italian
is opened by a cross-cut of % feet. and
the ore here samples two ounces in gold
per ton.
The COmstock shaft is so feet deep
and from it runs a 20-foot cross-cut.
l6 feet of which gives a value of SIG
gold and 20 ounces silver.
Development work on several of the
other claims in the groups show gold
values ranging from So to $50 per ton.