The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1902-05-01
Looking Backward Over a Year
of Unprecedented Prosperity
in This District.
Development of Mckinley Mines
Is Justifyine the Faith Which
Has Been Placed in Them.
Saxton Is Destined to Become
One of the Greatest Mines
in the West.


of activity it may not be out OF place
to look backward over the past twelve
month and realize what has been ac-
complished in that brief period in the
development OF Ely mining properties.
On the first of May last the now fam
Gus Copper Flat mine was a prospect
without hosting plant. Today it
is capable OF furnishing one thousand
tons OF good copper ore every day, and
it is only a question OF a few months
when big smelter viii be in operation
Oh its output
The mammoth new Chairman mill
which now adorns the mountain side
west OF town had only been thought OF.
Today 1t is reality, fully equipped
with all the machinery necessary for
treating from $50 to 200 tons OF ore
day, and before the present month has
ended it will be yielding a golden har-
vest from a mine which is now In first
class physical condition and capable OF
supplying it with all the ore it can han
die for many years to come.
Then the operations of the Giroux
company were confined to Pilot Knob,
but today their buildings and hosting
plants, scattered over a wide area OF
country would make a respectable vii
lage.
The Ely Mining and Milling Com
pany's property was regarded as a dis
tinctly gold proposition. Today it is
not only maintaining its reputation as
gold producer, but side by side with
the gold producing lodges have been
opened up rich copper deposits which
promise ere long to convert that prop
erty into big copper mine.
The Ruth was claim ON which little
more than location work had been done,
but today it has reached such a state
of development that its owners would
laugh at an offer of less than 800, 900
for it, and it Is really worth more
money than that.
But among all the successes which
have been Inet with in the development
OF mining properties In the camp none
has been more marked than that OF
the Mckinley Mining and Smelling
Company, now operating two OF the
eighteen claims owned by them in the
heart of the mineral belt. On May 16
last the NEWS first called attention to
these rich properties, which for years
had apparently been forgotten by their
owners, and on June 13 the account of
the opening up of rich body OF ore on
the Saxton, assaying more than $40 q
ton appearedin these columns. This
strike was made by w. G. Lyons in
sinking a shaft on what he thought
was the Eli, but on discovering the rich
quality of the ore he decided to have
a survey made to avoid any dispute in
the future, aud found that his shaft
was on the Saxton patented claim.
The account of the discovery was
read by President Mckinley and when
Dix w. Smith, the indefatigable work.
er and secretary OF the Chain man Com
pany, went to Washington two weeks
later to secure an option on the Can
ton Company's holdings he found he
President well posted on what was GO
ing on in this camp.
Away back 10 the early days Cor
nelius Aultman and James A, Saxton,
father of Mrs. Mckinley, located these
claims, which were patented in 1878,
and which, in the course of time be-
came the exclusive property Of Mr..
Saxton, descending at his death to his
daughters, Mrs. Mckinley and Mrs.
Barber.
When President Mckinley had fully
satisfied himself as to the value OF the
properties he consented to the forming
of a company for their development,
but in order to prevent any charge that
1t was to be stock jobblng scheme he
insisted that the capitalization should
not exceed 81, 900, 0OO and Mr.. Smith
succeeded in getting the option on the
claims on this basis, Notwithstanding
the fact that another company offered
to take them for ten times that amount.
The present company was organized
with capital of $1,000, 900 and the
work which has been done In de-
velopment, although 1t has extended
over period OF only seven months, has
demonstrated that the two claims now
being worked, the Saxton and the
Aultman, are in themselves worth more
than double that sum, not taking into
consideration the sixteen others, many
of which are equally well located.
In the development of the Saxton,
Manager MoGill selected point for
the shaft at some little distance from
the big ledge in which the richest val
ues were found, the idea being to gair
depth and tap the ore bodies from be-
low, and the result has been more thar
satisfactory.
In the sinking Of the shaft ore bod
] les have been cut which show assa, J,