Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1903-05-23
THE LAST TWO
STRIKES OF ORE
Midway Coming to The FrOnt-Rieh
Rock ia Montana. TOnOpah.

NUN WI Wuutdud- tOHVpahs
The west drift from the f60-level
If fine Montana Tonopah mine is out
.bout 100 feet aud has four feet of
are in the face. This exposes the
same ledge opened in the winze now
down forty-eight feet. The aver
noe ASSAYS run right along at $3.50
ner ton. Sinking has been resumed
on the shaft, which is now 56O feet
deep. Developments prove that the
Montana Tonopah is great mine.
Montana-T onopah stock reached
It's highest point Thursday when a
large block was sold at ST. 49, In
the mine some fabulously rich ore is
being extracted, and there is every
reason to believe that before the end
Of June the stock will be in great de-
mand at S. per share. The Mon
lana Tonopah has become sure
enough producer, and its manage
ment asserts from now on regular
SHIPMENTS of ore will be made.
Midway.
In the recurring series OF great
Tonopah mining developments the
strike of Wednesday last in the Mid
way shaft is to be chronicled. That
il is to the complete satisfaction OF
mining men and everybody else
hardly needs to be said The Mid
way shaft is 900 feet due northwest
from the main, big working shaft of
the Tonopah company mines AT
the depth of 544 feet connection will
be made with the 600-lev of the
Siebert shaft, on the common plane
and general plan The Midway, at
the depth of 495 feet, opens out a
solid and splendid ledge of quartz five
to six feet wide. Its course is nearly
east and west and whether it is an
extension of the Montana Tonopah
ore chute, a possible angle of the
Mizpah or an entirely independent
and separate ledge remains TO be de-
termined So far, we are inclined to
the latter hypothesis. The ledge is
nearly vertical, was struck on the
hanging wall and yet occupies the
entire bottom of the shaft. Assay
returns from samples show $50 OF.
gold, $72 336 ounces silver, $l69 90
"a total value of $40 per ton.
TOnOpah-Albemarle.
J, ]. Moss, superintendent in
charge, has received account OF the
organization of the Tonopah- A he
marie Gold Mining company, the
home Office of which is at Campbell,
n, Y. The corporation owns twelve
claims, which adjoin those OF the Miz-
pah Extension and the properties OF
the Butte Touopah. The company
is capitalized on the basis OF one mil
lion shares, four hundred thousand of
which is treasury stock. 1t is Off
cered by: John Troy, president, of
Orlean, n. Y; Henry Weber, vice
president, New York city; w. L.
Hamilton, secretary treasurer, OF
Campbell n Y, and the director
ship includes +. f. Richmond, OF
Smithport, Pa. Bruce Glidden is
local counsel for the company, Work
was begun on two compartment
shaft about two weeks ago, at a
point about 100 feet from where the
lode pOrphyry is exposed, which car
ries values from 50 to So per ton.
II is the company's intention to sink
300 feet before commencement OF
cross. cuts.
Ray ~ O'Bricn.
Ores being extracted from the
Ray Il O'Brien mine at present work
lngs supplies proof that the property
will become u wonderful producer
Acting Superintendent King brought
IN large samples OF ore that assays
from $3.50 to $500 per ton, Some
OF the ore was taken from
the l6O-Ievel, in a chute 300 feet
from the main shaft. The ledge
varies from two feet to thirty-thre
inches, the ore lying in solid body.
The main shaft has been sunk to the
depth of 300 feet, and on the lower
east drift, now extended. no feet,
more rich galena ore was encount-
cred, but the management decided
not to break it down until before ex-
tension of the drift for 400 feet, where
very rich ore in larger bodies is ex-
pected, Samples of ore from the
100 level assay 900 ounces silver
The company will soon install a large
hoist, with which equipment t he
principal Ray district mine viii yield
Il product equal to the best mineral.
producers in Nevada.