Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1903-02-28
new INTERPRETATIONS.
Splendid Outlook for Early Oper-
Acknowledgement Progress,

The Ionopah bold Belt Mining
Company has been incorporated
under the laws of South Dakota,
with a capitalization Of 1000. 900
shares at 81 each, one-half Of which
is placed in the treasury 10 be sold
for working capital. The principal
Office is in San Francisco, Frank l..
Talcott being the president.
The company possesses five full
claims situate on the northwest slope
of Gold Mountain proper, in the
famous district now coming so rapid
ly to the front. There are three
distinctly defined lodges; the princi-
pal one, showing for 200 feet, assays
all the way from So to SIG per ton.
A shaft is being sunk on this, which
is only some |, 200 feet distant from
that of the Tonopah- Union on the
Colehan ledge. This stock will soon
be listed on the Tonopah Exchange
and such is the local confidence in
the mines of the gold belt that there
will be no trouble about a supply of
money to push development. The
management of the property is in
the capable hands of Frank Everett.
Belle of TonOpah.
Owing to developments of the past
few days in the Belle of Tonopah
shaft which is nown down one hun
dred and twenty feet, all eyes have
been turned in the direction of this
property. A ledge of quartz has
been uncovered at the shallow depth
of only one hundred and twenty feet.
This ledge is now eight inches wide
and gradually increasing in size,
carrying both gold and silver values.
This property from the first has
given more than ordinary promise.
The Belle Of Tonopah is situated
north of the Mizpah; joins the Mon
tana- Tonopah property on the north
west and Kersy ,Tonopah on the
south.
The policy of the company has been
very conservative one, up to this
time no stock has been offered for
sale, being held by such men of
prominence as J. L. Butler, presi-
dent OF the company, Wallace Ever
son, Judge Van Fleet and Geo. H,
Mastick, of San Francisco.
Lucky Tom.
The Lucky Tom Mining Co, owning
seven claims in the Gold Mountain
groups is about to commence active
work on their property, and intend
letting a contract for the sinking of
a double compartment shaft within
a short time. This company owns
some of the best claims in the Gold
Mountain district, as they adjoin the
the Colehan, and the Gold Mountain
Consolidated properties, and are but
a short distance from the late strik e
in that district ON the Hasbrook &
Mcintyre claims, and cross ledge
from the latter parties property
runs through the Lucky Tom Mining
Co. S ground The beginning of ac-
tive work on this compauy's prop
erty adds another working mine to
the growing list at Gold Mountain,
and no doubt within the next few
months there will be thriving little
town at Gold Mountain.
Hannapah.
News and ore has just arrived
at Tonopah confirms the report of d
very extensive and important strike
in the principal mine at Hannapah,
the property owned by the Salt Lake
company of which Frank Work is
superintendent.
In a drift from the l60level a ledge
of full ten feet in width has been en-
countered The ore is heavy gray
quartz, ruby colored in places and
sparkling with lunches of iron sui
phurets, the latter being extremely
rich in gold, Evidently, the faith
held by Superintendent Work in this
property, together with his good
mining judgment. has been thorough
ly approved by the developments.
Little TOnOpah.
The main shaft of the Little Tono-
pah company is down 1870 feet and is
being sunk through a stratum of
solid porphyry, scanned with string
ers of white quartz, the assays of
which show a highly mineralized for
nation. This is the greatest depth,
so far, attained by any company OPP
Grating west of the Midway and Mon
tana- Tonopah, and the indica tions
are that in cross cutting at depth
of 200 feet, as is meditated by the
management, there will be encoun-
tered one or more lodges containing
pay ore. With such excellent indi-
cations in view the work of devel-
oping the property may be carried
on with full confidence in its success
Commodore.